Client Onboarding Officer

Job description

Tasks

• Provide KYC approvals for non-high-risk account openings with Bank Julius Baer, Hong Kong Branch
• Execute Private Banking account opening processes along the chain of product service delivery
• Identify anti-money laundering / counter terrorist financing (AML / CFT) issues and escalate to Compliance and Senior Management as necessary

Responsibilities

• Perform customer due diligence check, including source of wealth, corroborating evidence and name screening results, to ensure compliance with all relevant know-your-customer (KYC) and AML / CFT requirements, both from the perspectives of regulatory and internal requirements
• Act as second line of defense to check risk assessments performed by Relationship Managers, and escalate material adverse news and other high-risk factors to Compliance as appropriate
• Provide approvals for non-high-risk account openings
• Work with Compliance teams and relevant stakeholders on documentation and KYC requirements and ensure fulfilling regulatory requirements and bank's policies
• Ensure that quality service is provided to internal clients and assist in meeting client's needs where relevant
• Proactively engage team members on work-related discussions and identify work improvement measures
• Support account opening documentation review or other ad hoc tasks, as required by Supervisor

Requirements

Professional and technical requirements

• Degree holder preferably in Finance/ Accounting/ Business
• At least 4-6 years of solid experience in professional practice and/or the financial services sector, preferably in Private Banking and AML / CFT Compliance field
• Excellent knowledge of AML guideline issued by local regulators, and fundamental knowledge on Singapore AML standards would be an added advantage
• Basic knowledge of account documentation requirements in Private Banking environment would be an added advantage
• Good command of spoken and written Chinese and English
• Good analytical and communication skills

We offer

Rank and career

• Associate Manager