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.
Your responsibilities:
- Conduct comprehensive customer due diligence (“CDD”) and documentation reviews for the onboarding of new clients and periodic account reviews.
- Ensure strict adherence to Group and local policies and procedures, and MAS regulations during the due diligence process for new account openings and existing client accounts.
- Collaborate closely with relevant business teams and key stakeholders to address any CDD deficiencies required for client acceptance.
- Contribute to execution excellence of the Bank’s account opening review process while complying with regulatory requirements, i.e. prompt turnaround time to open accounts.
- Up keeping of relevant internal policies and procedures to be in line with regulatory changes.
- Other relevant ad-hoc tasks
You bring to us:
- Bachelor’s degree ideally in business, accounting, or related banking disciplines.
- Minimum 5 years’ relevant experience in customer due diligence review preferably within the corporate banking or private banking segment.
- Strong knowledge in Microsoft Office application, especially in Word, Excel and Powerpoint.
- Strong understanding of customer due diligence requirements and Anti-Money Laundering/Countering the financing of terrorism regulations.
- ACAMS qualification or Graduate Diploma in Compliance or AML preferred but not compulsory.
