CLAIRE SI PEI CHEW
Summary
Results-oriented compliance professional with proven expertise in AML/CFT, KYC, and regulatory compliance within private banking and wealth management. Adept at conducting enhanced CDD, managing client onboarding for UHNW individuals, and providing training on regulatory requirements. Possesses a strong understanding of MAS regulations, international AML/CFT standards, and FAA and SFA guidance, with a demonstrated ability to assess and mitigate financial crime risks. Experience includes both compliance oversight and front-office sales, providing a well-rounded perspective on regulatory compliance in practice.
Overview
9
9
years of professional experience
2
2
Certification
Work History
Assistant Vice President, KYC Specialist, Business Management
DBS Private Bank
10.2022 - Current
- Review and analyse CDD profiles of UHNW prospects submitted by Front Office, including KYC information and SOW reasonableness, perform an independent review and risk rate customer in accordance with regulatory requirements as well as Group AML/CFT policy and procedures prior to client acceptance
- Assess and ensure the relevance and completeness of KYC information supplied by Front Office and perform information searches to comply with bank standards of client onboarding
- Highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties and management
- Prepare reports for management reporting to facilitate relevant reviews and strengthen the control procedures and process
- Provide training sessions for Front Office teams on KYC and AML regulations
Deputy Team Lead, KYC Accounts Management, COO Singapore
Bank Julius Baer & Co
01.2022 - 09.2022
- Spearheaded the establishment of the Client Onboarding Team following a Compliance Department reorganization, demonstrating adaptability and leadership qualities crucial for managing regulatory changes
- Led KYC onboarding reviews and client acceptance processes for Ultra High Net Worth (UHNW) clients, ensuring adherence to AML/CFT regulations such as MAS 626 and HK AML Ordinance, as well as internal guidelines
- This involved conducting thorough assessments of Source of Wealth, FATCA/CRS compliance, and geographical/sanctions risks
- Collaborated with the Head of KYC Accounts Management to support recruitment efforts, conduct training sessions, develop procedural documentation, and adapt policies in response to evolving regulatory requirements, reflecting proactive engagement in compliance best practices
- Co-authored comprehensive guidelines and procedures aligned with the Group's Client Acceptance Policy, demonstrating a deep understanding of regulatory standards and internal compliance frameworks
- Played a pivotal role in onboarding and training 9 new team members, ensuring uniformity and quality through rigorous quality checks, highlighting strong leadership and training capabilities
- Designed and implemented a robust QA Framework, conducting thorough Quality Assurance assessments across all approved accounts, showcasing a commitment to maintaining high compliance standards and mitigating risk
- Review and provide feedback on the bank’s Group AML/CFT/Sanctions policies
- Active management of stakeholders through weekly account opening pipeline updates with Business Managers from various markets (SEA, Greater China, PB International, Greater India & Direct Markets, Intermediaries) and constant business engagements as the point of contact for KYC queries and escalations
KYC Compliance Officer, Risk Legal and Compliance
Bank Julius Baer & Co
04.2021 - 12.2021
- Supported the Chief Risk Officer (CRO) and Senior Management in AML/CFT compliance oversight
- Conducted source of wealth assessments, PEP screening, sanctions risk analysis, and KYC due diligence
- Ensured compliance with international trade regulations (OFAC, UN, EU sanctions)
- Promoted to a permanent role within 5 months of a 12-month contract due to exceptional performance
KYC Specialist, Private Wealth Management
J.P. Morgan Private Bank
02.2019 - 03.2021
- Preparation of KYC renewals reports (periodic/trigger reviews) on APAC clients in full adherence and compliance with AML/CFT regulations (MAS 626 / HK AML Ordinance), and the bank’s internal global KYC requirements
- Assessed client risk exposure through negative news screening, transaction monitoring, and PEP reviews
- Collaborated with global compliance teams to streamline KYC workflows and improve efficiency
- Provided training for new hires to ensure regulatory compliance
Personal Financial Consultant, Assistant Manager
Oversea-Chinese Banking Corporation
04.2018 - 01.2019
- Provided financial advisory and wealth management solutions, maintaining strict adherence to FAA and SFA guidelines
- Conducted due diligence and risk assessments during retail client onboarding, identifying potential red flags and escalating where necessary
- Advised clients on investment strategies, ensuring regulatory compliance including FAA/SFA suitability assessments, and conducting thorough risk assessments
Premier Wealth Manager
RHB Bank
05.2017 - 04.2018
- Managed a portfolio of HNW/UHNW clients, conducting risk profiling, financial planning, and due diligence assessments
- Ensured compliance with AML/CFT regulations, FATCA, CRS, and FAA/SFA fair dealing guidelines during client engagements
- Identified potential AML risks and escalated concerns to the compliance team for further investigation
Personal Financial Consultant, Associate
Oversea-Chinese Banking Corporation
08.2016 - 05.2017
- Provided financial advisory and wealth management solutions, maintaining strict adherence to FAA and SFA guidelines
- Conducted due diligence and risk assessments during retail client onboarding, identifying potential red flags and escalating where necessary
- Advised clients on investment strategies, ensuring regulatory compliance including FAA/SFA suitability assessments, and conducting thorough risk assessments
Education
Bachelor of Science - Accounting And Finance
University of London (via SIM UOL)
05-2016
Skills
- Compliance and AML/KYC Expertise:
- AML/CFT Compliance
- Know Your Customer (KYC) Reviews
- Enhanced Customer Due Diligence (CDD)
- Source of Wealth (SOW) Verification
- Politically Exposed Persons (PEP) Assessment
- Financial Crime Risk Assessment
- Sanctions Screening & Compliance (OFAC, UN, EU)
- FATCA & CRS Compliance
- MAS Regulatory Framework (MAS 626)
- FAA and SFA Guidelines Adherence
- Investigative Due Diligence and Reporting Personal Competencies:
- Analytical and Critical Thinking
- Attention to Detail
- Effective Communication & Presentation
- Proactive Problem-solving
- Adaptability & Flexibility
Certification
- ICA Diploma in Financial Crime Compliance (with Merit), International Compliance Association, Dec 2021
- Certified Anti-Money Laundering Specialist (CAMS), ACAMS, Dec 2019
Timeline
Assistant Vice President, KYC Specialist, Business Management
DBS Private Bank
10.2022 - Current
Deputy Team Lead, KYC Accounts Management, COO Singapore
Bank Julius Baer & Co
01.2022 - 09.2022
KYC Compliance Officer, Risk Legal and Compliance
Bank Julius Baer & Co
04.2021 - 12.2021
KYC Specialist, Private Wealth Management
J.P. Morgan Private Bank
02.2019 - 03.2021
Personal Financial Consultant, Assistant Manager
Oversea-Chinese Banking Corporation
04.2018 - 01.2019
Premier Wealth Manager
RHB Bank
05.2017 - 04.2018
Personal Financial Consultant, Associate
Oversea-Chinese Banking Corporation
08.2016 - 05.2017
Bachelor of Science - Accounting And Finance
University of London (via SIM UOL)
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