Intern, Compliance, Ark Wealth Management
Job Responsibilities
- AML/CFT & KYC Support: Assist with onboarding of high-net-worth clients, KYC
checks, customer due diligence, screening, and ongoing monitoring in
accordance with internal policies and MAS requirements.
- Compliance Monitoring: Support compliance reviews and monitoring activities,
including reviewing client records, transactions, and documentation for potential
compliance issues.
- Regulatory Research: Conduct research on MAS regulations, AML/CFT
requirements, data protection rules, and other relevant regulatory
developments, and summarise key updates for the team.
- Policies & Procedures: Assist in reviewing and updating compliance policies,
procedures, checklists, and internal control documentation.
- Compliance Reporting: Support the preparation of compliance reports,
management information, regulatory submissions, and other documentation
required for internal and external stakeholders.
- Training & Advisory Support: Assist with the preparation of AML/KYC and
compliance training materials and provide administrative support for
compliance-related business queries.
- Audit & Regulatory Support: Assist with internal and external regulatory audits,
inspections, and information requests by compiling relevant records and
documentation.
- Compliance Projects: Support compliance improvement initiatives, including
process reviews, data analysis, compliance system enhancements, and other
projects as assigned.
Job Requirements
- Bachelor’s degree or currently pursuing a degree in Law, Finance, Accounting,
Business, or a related discipline.
- Strong interest in financial services, especially in private wealth
management, AML/KYC, and regulatory compliance.
- Good understanding of or willingness to learn MAS regulations, AML/CFT
requirements, and data protection principles.
- Strong analytical and research skills with good attention to detail.
- Good written and verbal communication skills.
- Proficiency in English; Mandarin is highly preferred to support engagement with
Mandarin-speaking internal stakeholders.
- Proactive, organised, and able to work independently as well as collaboratively in
a fast-paced environment.
- Prior internship or project experience in banking, financial services,
compliance, audit, or professional services is an advantage.
What the Internship Offers
- Practical exposure to AML/KYC and regulatory compliance within the private
wealth management market segment.
- Opportunity to work with compliance professionals on MAS regulatory and
governance matters.
- Hands-on experience in client due diligence on accredited / institutional
investors, compliance monitoring, regulatory research, and policy
development.
- Exposure to cross-functional collaboration with business, operations, risk,
legal, and senior management teams.
Seniority Level: Internship / Entry Level, suitable for a student or recent graduate
seeking practical exposure to compliance within the private wealth management
industry.
Employment Type: Full-time Internship.
Job Function: Regulatory Compliance, Risk Management, AML/KYC, and Regulatory
Affairs.
Industries: Private Wealth Management, Financial Services, Investment Management,
and Banking.