Client Onboarding Officer

Job description

Tasks

• Conducting client due diligence checks, including verification of the origin of assets, corroboration of evidence and results of name checks to ensure compliance with all relevant Know Your Client (KYC) and AML/CFT requirements
• Second line of defense in reviewing risk assessments by relationship managers and escalating material negative news and other high-risk factors to the compliance department
• Approval of account openings for non-high-risk customers
• Collaborate with compliance teams and relevant stakeholders on documentation and KYC requirements and ensure compliance with regulatory requirements and bank policies
• Ensuring a high-quality service for internal customers and supporting the fulfillment of customer needs
• Proactive participation in team-related discussions and identification of measures to improve work
• Assist in the review of account opening documents or other ad hoc tasks as required by supervisor

Requirements

• Degree in finance, accounting or business administration
• At least 4-6 years of professional practice and/or financial services experience, preferably in private banking and AML/CFT compliance
• Excellent knowledge of AML, guidelines of local regulatory authorities and basic knowledge of Singapore's AML standards an advantage
• Basic knowledge of account documentation requirements in a private banking environment an advantage
• Good command of spoken and written Chinese and English
• Good analytical and communication skills

We offer

Rank and career

• Rank: Associate Manager