We are looking to appoint a Trainee to join our Business Management Office “BMO” team in Singapore offering an initial one-year traineeship program.
The successful candidate’s responsibilities will include, but is not limited to:
- Supporting the BMO APAC team in the oversight and coordination of the Know Your Customer (KYC) processes - Client onboarding, KYC review and Offboarding - for Global Banking & Advisory (GLBA) in the region:
o Coordinating and liaising with the GLBA Product Lines / Coverage officers, KYC teams and Compliance, ensuring KYC processes are timely and efficient managed for GLBA perimeter.
o Prioritizing business requests for KYC team, monitoring the progress of the KYC reviews and identifying late reviews requiring attention, helping and guiding GLBA Product Lines / Coverage
officers when required, conducting ad-hoc analysis.
o Identifying non-revenue generating clients for offboarding, performing activity checks.
o Collaborating with KYC teams and GLBA Product Lines / Coverage officers on shared topics.
- Supporting BMO APAC and BMO Singapore team in the management of financial / operational / compliance / regulatory risks
o Implementing and maintaining the first level permanent control framework
o Performing regular and ad-hoc controls, participating in the implementation of corrective measures in the event of anomalies
o Contributing to the local risk management and governance
- Supporting BMO APAC in the monitoring of the performance of the Product Lines and Client Franchise, contributing to ad-hoc local and regional strategic initiatives.
Profile required
Academic Background and Certifications, Experience:
- Hold a relevant bachelor’s or master’s degree in finance, Economics, Business or similar
- Understanding of banking products and financial industry
- Previous working/internship experience in the financial field is preferred
- Proficiency in Excel and PowerPoint
- Clear and effective oral and writing communication skills
- A team player that is self-driven, responsive, possesses a positive attitude, resourceful and with the ability to work independently
- Flexibility, pro-activity, curiosity and capable to multi-task
- Rigorous, meticulous, and reliable
Operational Skills:
- Analytical skills and proactive approach to problem-solving
- Good team spirit and ability to cooperate with different teams in different locations
- Capacity to understand and manage risks
Ability to prioritize and operate under tight deadlines