- Ensure thorough, timely and quality review new client onboarding requests including account approval.
- Advise front office and other colleagues within the team on client onboarding matters including deficiencies in KYC information and documentation for onboarding.
- Perform independent and thorough review, including KYC/AML/Tax risk identification, plausibility checks as well as corroboration of clients Source of Wealth and Source of Funds.
- Review and approve new business relationships with Independent Asset Managers, Referral Intermediaries, and counter parties.
- Collaborate with key stakeholders involved in the process, Relationship Managers, Team Heads, Market heads, Compliance and other colleagues within the bank to ensure seamless on-boarding.
- Train team members as well as colleagues from front office on matters pertaining to KYC AML.
- Assist team lead / functional head on tasks related to client onboarding as well as post client onboarding including acting as a deputy as and when delegated.
- Assist to response queries, clarifications resulting from internal, external, statutory or regulatory audit
- Identify gaps and implement controls including system and process enhancement that are fit for purpose and to address current and future requirements in a rapidly changing regulatory environment and an evolving AML landscape, in line with industry best practices.
- Conduct reviews of existing clients to ensure their biodata remains updated
- Handle the alerts arising from the periodic screening of the bank's customer database
- Conduct periodic reviews of KYC and CDD information of existing relationships including but not limited to higher risk relationships and financial intermediaries.
- Identifies and investigate a suspicious activity, prospect or client and make necessary recommendations to senior management to file the appropriate suspicious transaction reports to CAD and MAS/ HKMA.
- Investigation of suspicious transactions surfaced during periodic review.
- Liaise with relationship managers / business compliance managers for issues and deficiencies identified during review.
- Update and implement periodic review processes.
- Guide team members or relationship managers in conducting the periodic review.
- Support Front Line Risk and Control on the matters that are assigned from time to time in line with overall priorities of the bank.
- Collaborate with other colleagues within the bank to drive and assists remediation and other projects as and when required.
- Prepare Management information reports based on agreed requirements.
- Organize meetings with Front Office and focus group training to align front office practices with current procedures.
- Minimum 7 years of experience in AML/KYC under a risk and control function in a private banking environment.
- Understanding nuances of the China market and proficiency in Chinese language are desirable as this role will handle clients in the China market.
- Knowledgeable and sensitive to the risks (PEP, Sanctions, reputational risks) and suspicious activities typical of private banking clients.
- Knowledge of regulations including MAS, HKMA and other intergovernmental / non-governmental organization such as FATF / Wolfsberg.
- Client onboarding approval experience in HK and / or SG in PB industry (SoW/SoF, client risk assessment, purpose of accounts).
- University degree in Accountancy, Finance, Business Administration or equivalent, or higher education.
- Preferred skills
- Strong understanding of AML/CFT framework and the regulatory environment and its applicability to Private Banking clients in the areas of onboarding, on-going client reviews and transaction monitoring.
- Familiar with MS Excel, MS Word, MS PowerPoint and other office automation tools.
-
Onboarding Specialist
1 week ago
QCP CAPITAL PTE. LTD. SingaporeWe are QCP Capital, a full-suite crypto asset trading firm. · Since our founding in 2017, we have witnessed the potential of crypto assets to transform financial markets and the world at large. · Today we exist at the center of this change, bridging institutional and crypto ecosy ...
-
Onboarding Specialist
3 days ago
UBS SingaporeSingapore · - Operations · - Global Wealth Management · **Job Reference #** · BR · **City** · - Singapore · **Job Type** · - Full Time · **Your role** · - Responsible for client onboarding and client lifecycle maintenance of client information by reviewing account · documentation ...
-
Onboarding Specialist
1 week ago
Salt Recruitment Singapore**Responsibilities** · - Own the onboarding process of clients onboarding in coordination with internal teams supporting workflows with sales and operations teams. · - Monitor and troubleshoot the progress of customers and communicate blockers. · - Triage incoming requests, utili ...
-
Client Onboarding Specialist
3 days ago
Epergne Solutions SingaporeEpergne Solutions is looking for a Client Onboarding Specialist · **Role Purpose** · We're looking for someone like that to: · - Own and deliver end-to-end client onboarding experience for our clients of WM Business, facing off clients alongside our client advisors to gather requ ...
-
Client Onboarding Specialist
1 week ago
Hays Malaysia Singapore**Your new company** · Client is a top tier investment bank in Singapore, looking for a Client Onboarding Specialist to join them in their fast and growing team. · **Your new role** · Are you a person who enjoys interaction and coordination with internal and external stakeholders ...
-
Sow/ Onboarding Specialist
3 days ago
Ambition Singapore**Job details**: · Posted 20 February 2024 · SalaryS$ S$ per annum · LocationSingapore · Job type Permanent · DisciplineBanking & Financial Services · Reference271172_ · Our client is a reputable Private Bank hiring Onboarding Specialists with Source of Wealth (SOW) experience t ...
-
Customer Onboarding Specialist
1 week ago
TAURUS ONE PRIVATE LIMITED Singapore**ABOUT JANIO** · Janio is a cross-border smart logistics solutions provider in Southeast Asia (SEA), connecting merchants, logistics partners, and major industry players across the globe. As we advance towards building this integrated end-to-end logistics network of key players, ...
-
Client Onboarding Specialist
3 days ago
Rapsys Technologies SingaporeRole Purpose · Own and deliver end-to-end client onboarding experience for our clients of WM · Business, facing off clients alongside our client advisors to gather required client · onboarding documentation. · Interface as a case manager to seamlessly handle all the different ste ...
-
Client Onboarding Specialist
2 days ago
TAIPEI FUBON COMMERCIAL BANK CO., LTD. SINGAPORE BRANCH Singapore**Objective Summary - Client Onboarding Specialist** · Responsible for conducting due diligence reviews for new accounts, and ongoing periodic customer reviews in line with MAS regulations, Group directives and local policies. This position reports to the Head of AML/CFT. · **You ...
-
Client Onboarding Specialist
2 days ago
Datasearch Consulting SingaporeCompetitive package- Full-time / Singapore- Infrastructure- Singapore · **Summary**: · - A global and leading financial services provider · - Opportunity to join a fast-growing global company working with the world's leading financial institutions · - Amazing compensation package ...
-
Kyc/onboarding Specialist
1 week ago
People Profilers SingaporeJob Description: · **Industry: Energy and commodities company in the Oil and Gas industry. (Trading)** · **Location: Town** · **Working hours: 9am-6pm (Mon-Fri)** · **This is a 6 Months Contract role starting on 1st July st Dec 2024.** · **Responsibilities**: · - KYC and Onboardi ...
-
Client Onboarding Specialist
1 day ago
Wipro Limited SingaporeSingapore, Singapore · - DOP · **Role Purpose** · We're looking for someone like that to: · - Own and deliver end-to-end client onboarding experience for our clients of WM Business, facing off clients alongside our client advisors to gather required client onboarding documentatio ...
-
Kyc Onboarding Specialist
5 days ago
UQPAY PTE. LTD. SingaporeJob Descriptions · - Perform various client checks (ID&V, Name Screening, TransactionReview) in accordance with regulatory requirements. · - PerformingKYC onboarding documentations and account openings · - Coordinating with the internal teams and clients for timely completions · ...
-
Senior Onboarding Specialist
1 week ago
Page Personnel SingaporeExcellent opportunity to join a global online trading platform · - Great working environment · **About Our Client**: · Our client is a leading global provider of margin and deliverable Foreign Exchange, Contracts For Difference (CFDs) and Financial Spread betting. Their business ...
-
Client Onboarding Specialist
1 day ago
Wipro Limited SingaporeSingapore, Singapore · - DOP · **Role Purpose** · We're looking for someone like that to: · - Own and deliver end-to-end client onboarding experience for our clients of WM Business, facing off clients alongside our client advisors to gather required client onboarding documentatio ...
-
Associate, Client Onboarding Specialist
1 week ago
MUFG Singapore**Do you want your voice heard and your actions to count?** · Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organizati ...
-
Associate, Client Onboarding Specialist
1 week ago
MUFG BANK, LTD. SINGAPORE BRANCH Singapore**Purpose of the Role**: · Support frontline Relationship Mangers and Sales in co-ordinating new to bank Client Onboarding and existing to bank Customers to implement additional Transaction Banking Products. · Drive Customer satisfaction and ease of onboarding through being the d ...
-
Onboarding Specialist Team Manager
2 days ago
OCBC Bank Singapore**Onboarding Specialist Team Manager (AVP) - Premier Banking Asia (Offshore)** **-** **(**2300016R**)** · At OCBC, we are constantly on the lookout for exceptional individuals to join our team. If you are a go-getter with high level of drive, do come and join us today · - Lead a ...
-
Senior Partner Onboarding Specialist
1 week ago
NOGLE (SINGAPORE) PTE. LTD. SingaporeWe're looking for a Senior Partner Onboarding Specialist to join our growing team. Are you a Fintech-passionate person looking to broaden your skill set at a fast-growing company? If so, we'd love to meet you · The Senior Partner Onboarding Specialist is responsible for building ...
-
Client Due Diligence Specialist, Onboarding
2 days ago
Bank of Singapore Singapore**Client Due Diligence Specialist, Onboarding (Manager)** **-** **(**240000NH**)** · **Description** · **Client on-boarding and Due Diligence** · - Ensure thorough, timely and quality review new client onboarding requests including account approval. · - Advise front office and ot ...
Client Due Diligence Specialist, Onboarding - Singapore - Bank of Singapore
Description
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge todayThis position within Client Onboarding & Lifecycle Management is primarily responsible for the banks' client on-boarding, continued AML/CFT monitoring and reviews. The successful candidate is expected to maintain high and consistent standards in accordance to the AML/CFT Procedures within the bank. In addition, the successful candidate may also be assigned other compliance/risk management relevant tasks, assignments or projects.
Client on-boarding and Due Diligence
Qualifications
 PTE. LTD.&v=024){kind=logo}