Client Onboarding - Singapore - NEW TONE CONSULTING PTE. LTD.

NEW TONE CONSULTING PTE. LTD.
NEW TONE CONSULTING PTE. LTD.
Verified Company
Singapore

3 weeks ago

Wei Jie

Posted by:

Wei Jie

beBee Recruiter
Description
**Responsibilities: 1) Client Onboarding and Due Diligence

  • Conduct thorough and timely reviews of new client onboarding requests, ensuring quality and adherence to AML/CFT procedures.
  • Provide guidance to front office and team members on client onboarding, including addressing KYC information deficiencies.
  • Independently review KYC/AML/Tax risks, verify clients' Source of Wealth and Source of Funds, and approve new business relationships.
  • Collaborate with key stakeholders like Relationship Managers and Compliance to facilitate smooth onboarding.
  • Train team members and front office colleagues on KYC AML matters.
  • Assist with client onboarding tasks and postonboarding activities as delegated.
  • Handle queries and clarifications from audits and implement onboarding controls and enhancements as needed.
2) General

  • Support the Client Onboarding and Lifecycle Management team on assigned tasks and projects.
  • Work with colleagues on remediation projects and prepare management information reports. Organize meetings and training sessions to align front office practices with procedures.

Requirements:


  • 35 years of AML/KYC experience in private banking, including accounts approval.
  • Familiarity with risks and suspicious activities related to private banking clients.
  • Knowledge of regulations such as MAS, HKMA, FATF, and Wolfsberg.
  • Experience in client onboarding approval in HK and/or SG within the private banking industry.
  • Strong understanding of AML/CFT frameworks and regulatory environments.
  • Proficiency in MS Office tools.
More jobs from NEW TONE CONSULTING PTE. LTD.
See all jobs of NEW TONE CONSULTING PTE. LTD.