Job Description

Job Title Associate Director, Client OnboardingMAIN RESPONSIBILITIESConducting of KYC / Client Due Diligence end-to-end

• Conducting Customer Due Diligence (CDD) assessments on clients, in line with prevailing standards, including ensuring required documentation is obtained, conducting sanction/PEP and adverse media screening and performing risk assessments on various risk factors.
• Compile transaction assessments on analyzing client\xe2\x80\x99s behavior and expected transaction profile.
• Compile source of funds and source of wealth assessments.
• CDD assessments need to be accurate, risk based and readable on a standalone basis.
• Assisting RM in collection of information and documents during the execution of the CDD process, which would include outreaching to clients directly for the CDD information.
• Monitor progress of CDD reviews to ensure timely completion.
• Trigger periodic CDD reviews as well as event driven reviews when needed.
• Provide MIS on progress of CDD reviews.
• Update and maintain all relevant client information into client database.
• Handling FATCA/CRS related documentation and FATCA/CRS reporting requirements and updating the information into Client Database System.

Four-Eye Reviews and other responsibilities

• Perform 4-eye checks for the junior members of the team.
• Assist with performing reviews on updated standards and procedures on behalf of the Head of Financial Economic Crime, Singapore.
• Train any junior members and newly onboarded staff in FEC Singapore
• Liaise with Regional FEC Team in HK and the various FEC teams in Head Office on various projects and remediation
• Act as an SME for the team and be involved in discussion with Compliance and other stakeholders
• Act as project lead for any assigned projects, including streamlining, procedural or FATCA/CRS.

Others

• Perform data reconciliation between KYC system and selected downstream product admin systems to ensure data integrity
• Handle general administrative duties
• Perform UAT testings for new system and system enhancement (if any)
• Handle any ad-hoc assignment as per management request
• Prepare MI reporting to senior management and/or regulator
• Review and draft the amendment on CDD procedure subject to the change from Global/Regulator
• Drive the discussion with stakeholders on complex CDD issues and/or provide inputs on ad-hoc projects

REQUIREMENTSEducation

• Relevant degree in Business/ Law/ Finance

Required experiences & knowledge

• At least 6-10 years solid experience in AML/KYC/compliance/operations/RM support
• Able to provide support on Enhanced Due Diligence cases.
• Familiar with regulatory requirements such as MAS.
• Familiar with Client Onboarding process and the associated Client Lifecycle maintenance events.
• Fluent in English (both verbal and written). Cantonese, Mandarin, or another Asian language would be beneficial.

Other skills required:

• Strong sense of ownership and accountability.
• Strong discipline in record keeping and maintenance.
• Quick starter, able to work independently.
• Strong attention to the detail.
• Able to work under pressure.
• Ability to communicate effectively with people of different functions and levels of seniority.
• Ability to identify potential issues.
• Proficiency in Microsoft Excel and Word.

Rabobank