Associate, AML/KYC

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 6,500+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. 

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

We’re driven by our Group purpose, to power people and possibilities. 

Job Description

The successful incumbent will support the AML/KYC function across the region and gain exposure to a broad range of client due diligence, onboarding, and ongoing monitoring activities. The scope of work will be performed in accordance with IQ-EQ's internal AML/CFT framework, as well as applicable international and domestic AML/CFT regulations and guidelines. This role will support both fund administration and corporate segments.

What you’ll do

• You'll support investor and client AML/KYC onboarding, periodic reviews, ongoing monitoring, and due diligence activities across fund administration and corporate services clients.
• You'll review and verify client documentation, including identification documents, source of funds, source of wealth information, sanctions screening results, adverse media findings, and other AML/KYC requirements.
• You'll liaise with clients, investors, and internal stakeholders to obtain and follow up on outstanding AML/KYC documentation.
• You'll maintain accurate and up-to-date client records within internal systems and databases.
• You'll assist in preparing documentation and reports required for regulatory, compliance, audit, and internal review purposes.
• You'll identify and escalate potential AML/KYC concerns, discrepancies, or high-risk matters to senior team members where appropriate.
• You'll support ongoing monitoring and periodic review activities to ensure client records remain current and compliant with regulatory requirements.
• You'll stay informed on AML/CFT regulations, internal policies, and industry developments through training and self-development.
• You'll contribute to process improvement initiatives and support additional compliance, risk, and client service activities as required.
• You'll work closely with colleagues across Compliance, Fund Administration, and Corporate Services teams to support the delivery of high-quality client service.

What We Offer

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
• Wellbeing: additional social benefits such as private health and dental cover, life assurance and etc
• Annual leave: our employees are entitled to 25 days paid leave plus all statutory public holidays
• Maternity and paternity leave, education leave and etc
• Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangements.

Qualifications

About you

Qualifications

• You hold a Bachelor’s degree in Law, Business, Finance, Accounting, Economics, or a related field, with up to 2 years of experience in AML/KYC, compliance, fund administration, banking, or financial services; fresh graduates are encouraged to apply.
• You possess strong analytical skills, excellent attention to detail, and a proactive willingness to learn and develop professionally.
• You demonstrate strong organisational and time management skills, with the ability to manage multiple priorities effectively in a fast-paced environment.
• You have excellent communication and interpersonal skills, with fluency in written and spoken English; Mandarin proficiency is an advantage for supporting Mandarin-speaking clients.
• You are proficient in Microsoft Office applications, particularly Excel and Word, and can use them effectively to support business and compliance-related tasks.

Preferred but not required

• Internship or academic exposure to AML/KYC, compliance, risk, banking, financial services or fund administration.
• Basic understanding of AML/CFT principles and regulations.
• Professional certifications such as ICA or ACAMS would be advantageous but are not required.

Additional Information

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment. 

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.