Summary
Overview
Work History
Education
Skills
Websites
Timeline
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Wai Keet Mak

Wai Keet Mak

Summary

Dynamic compliance professional with extensive experience at Trident Trust Company, excelling in risk management and team leadership. Proven track record in enhancing operational efficiency and fostering strong relationships. Skilled in data analysis and process improvement, ensuring adherence to regulatory standards while effectively onboarding high-risk clients.

Overview

12
12
years of professional experience

Work History

Assistant Manager

Trident Trust Company (Singapore) Pte. Limited
11.2020 - Current
  • Supervised day-to-day operations to meet performance, quality and service expectations.
  • Maintaining and in charge of World-Check screening platform by Refinitiv
  • Developed strong working relationships with staff, fostering a positive work environment.
  • Responsible for new on boarding clients Trust, Singapore Company, Funds and Corporate Service sector.
  • Conducting periodic reviews including High, medium and low risk clients
  • UAT Testing on new on-boarding platforms for the team and business development team


Compliance Analyst

Bank Of Singapore
06.2019 - 10.2020
  • Responsible for the management of the transaction alerts generated daily based on each risk elements and level of each client's portfolio.
  • The role is a critical element of the Bank's first line of defence against money laundering, terrorist financing and fraud.
  • Monitoring the departmental queues for alerts on a regular basis throughout the working day based on risk level, ensuring management are aware of prioritized alerts. Reviewing each transaction with prescribed procedures based on account risk level.
  • Risk level derived from each client's portfolio with the bank on latest periodic reviews conducted based on Source of Wealth deviation, geographically domiciled and nationality of clients as well as tax haven jurisdiction.
  • Observing and monitoring the transaction in the context of previous transaction patterns plays a part as well. In addition, liaising with stakeholders on day to day correspondence on obtaining source of wealth corroboration documents or shareholding's for justifications on the purpose of transfers client executes.

KYC Analyst

LGT Bank (Singapore) Ltd
03.2017 - 05.2019
  • Conducting periodic reviews, transaction monitoring and overall risk assessments on all of bank's accounts through independent and reliant source of documents, data or information.
  • Identifying criminal elements through transactions for money laundering activities enabling bank's better understanding of client's financial dealings and managing their risk prudently
  • Supported KYC processes for prospective and existing customers
  • Prepared high-risk reviews with results and recommendations for customer onboarding, closure and retention.

Case Lead Support

J.P. Morgan Office Singapore
02.2016 - 02.2017
  • Perform remediation and periodic reviews of client's mainly Corporate and Financial Institutions primarily in the APAC region on tight deadlines.
  • Consolidating KYC requirements based on the jurisdiction of the client ad liaising with business owners for document deficiencies Reviewing of documents to ensure completeness and validity including certification standards.
  • Verification of client's information using reliable, independent data source, documents. Evaluation of Client's risk profiles, mainly Customer information, potential areas of concern, PEP risk and Account activity.

KYC Officer

United Overseas Bank
01.2015 - 01.2016
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
  • Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
  • Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated. Conduct screening of individuals and corporate entities for adversity or Politically Exposed Personal.

Bank Officer

Maybank
09.2014 - 01.2015
  • Meet with applicants to obtain information for loan applications and to answer questions about the process.
  • Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
  • Approve loans within specified limits, and refer loan applications outside those limits to management for approval. Compute payment schedules

Bank Teller

United Overseas Bank
07.2013 - 08.2014
  • Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
  • Balance currency, coin, and checks in cash drawers at ends of shifts, and calculate daily transactions using computers, calculators, or adding machines.
  • Examine checks for endorsements and to verify other information such as dates, bank names, identification of the persons receiving payments and the legality of the documents.
  • Receive and count daily inventories of cash, drafts, and travelers' checks.

Education

Diploma in Toursim, Hospitality And Travel

Management Development Institute of Singapore (MDIS)
Singapore
10-2012

Skills

  • Team leadership
  • Decision-making
  • Risk management processes and analysis
  • Data analysis
  • Negotiator
  • Process improvement
  • Relationship development

Timeline

Assistant Manager

Trident Trust Company (Singapore) Pte. Limited
11.2020 - Current

Compliance Analyst

Bank Of Singapore
06.2019 - 10.2020

KYC Analyst

LGT Bank (Singapore) Ltd
03.2017 - 05.2019

Case Lead Support

J.P. Morgan Office Singapore
02.2016 - 02.2017

KYC Officer

United Overseas Bank
01.2015 - 01.2016

Bank Officer

Maybank
09.2014 - 01.2015

Bank Teller

United Overseas Bank
07.2013 - 08.2014

Diploma in Toursim, Hospitality And Travel

Management Development Institute of Singapore (MDIS)

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Wai Keet Mak