Job Description

Client Due Diligence Specialist, COO SG (Senior Associate) - (2200017E)
Description

Responsible for providing administrative and CDD support for the bank’s AML processes to support the front office for the onboarding and maintenance of Independent Asset Managers (“IAMs”). The successful candidate is expected to be knowledgeable in CDD/AML principles to be able to identify deficiencies of IAM KYC information and documentations. He/she is a team player and able to work well within a team while taking initiative and ownership over his/her own area of work.
Main Duties:

• Accurately identify gaps (if any) in client's source of wealth and assess the plausibility in line with MAS and the Bank’s expectations.
• Perform detailed calculations to support the client's source of wealth journey, i.e accumulation of wealth over time.
• Liaise with relationship managers for deficiencies of KYC information and obtain corroboration documentation.
• Assist relationship managers to succinctly translate the SoW information into a professional and quality write up.
• Report to the SoW remediation team lead for completion progress on a regular basis and escalate issues to Business Compliance Managers or Compliance where required
• Coordination and collation of CDD related MIS.

Qualifications

Work Experience Requirements:

• A minimum 3-5 years of relevant experience in private banking or client onboarding and reviews within financial institutions is preferable
• A good understanding of AML requirements
• Excellent interpersonal, communication skills
• Meticulous, strong attention to detail
• Possess future oriented mindset, strive to innovate and adapt to changes
• Strong understanding of inter-dependencies within the team and able to collaborate effectively across departments
• Ability to thrive in a fast paced environment and remain empathetic, passionate and resilient
• Able to work both independently and as a team player

Education Requirements:

• Min Bachelor degree or diploma
• Preferably CACS certified

Primary Location: Singapore
Job: Client On-boarding
Organization: Bank of Singapore Division
Schedule: Permanent
: Full-time
Job Posting: 06-Jun-2022, 10:24:15 PM