Preparation of account onboarding packs
Responsible for completing account onboarding of prospects including but not limited for individuals, corporates, trusts and financial intermediaries.
This will cover preparing and checking the forms and relevant KYC documentations submission and initial assessment of name screenings & hits, taking appropriate approvals and timely submission of the case.
Identify and highlight any potential red flags appropriately
Liaise with relationship managers and counterparts for issues and client related deficiencies identified during the onboarding process.
Conduct AML periodic reviews of existing relationships including but not limited to higher risk relationships and financial intermediaries as per scheduling from compliance.
This will cover preparing the forms, submission, and initial assessment of name screenings & hits, taking appropriate approvals, uploading documents to the relevant systems and timely submission of the reviews
Identify and escalate any suspicious activity or potential red flags appropriately
Liaise with relationship managers for issues and deficiencies identified during review
Represent the team in ad hoc AML related projects, initiatives and UATs
To the extent qualified and licensed to do so, may need to act as a backup to dedicated MA(s). In doing so, will be required to conduct regulated activities on an occasional basis, as to be designated by his / her line manager
EDUCATION & COMPETENCE REQUIREMENTS
Degree holder with good results especially in banking and finance-related fields.
At least 2 years’ related experience in Private Banking Sector
Experiences in client on-boarding, periodic reviews and AML-related tasks are
Good analytical capabilities, presentation, and organization skills
Self-motivated and confident with a high degree of initiative required
Ability to handle pressure and tight deadlines
Excellent team player and exhibit a high level of motivation and drive