Job Description

Job summary :

Process account opening applications, conduct periodic reviews and implement Client Onboarding policies.

Job duties / responsibilities:

Conduct CDD/ECDD for Individual and Corporate Clients (including Funds and Trusts), Review and ensure that all CDD and ECDD information (source of funds and wealth) are obtained, Account creation and maintenance via back office system, Address queries from Compliance reviews, audit findings and SGX/MAS, Liaise with internal stakeholders (business units, dealing, operations) and clients to ensure KYC/Account Opening documents are submitted, Conduct remediation/periodic reviews for existing accounts and ECDD for high risk customers, Incorporate new policies into the Client Onboarding Manual and customer forms, Review FATCA and CRS self-certification information for regulatory reporting, Maintain compliance with all corporate and regulatory standards (eg, SFA, AML/CFT, FATCA, CRS, etc); Communicate with clients via email correspondence, Update statistics for monthly reporting

Job Specification:

Degree in Finance, Accounting or Economics with a minimum of 3 years of Client onboarding experience. Demonstrates a good understanding and working knowledge of MAS' AML/CFT regulations, Sale of Investment Products (SIP/CAR/CKA), MAS' circulars relating to client information, FATCA and CRS regulations is a must. Prior experience in processing Corporate Account (including Funds and Trust) applications; World check screening (batch upload, resolution) are required. Hands on experience in account creation. A good understanding of financial statements. Client onboarding with AML Compliance / Operations background is preferred. Proficient in MS Word, MS Excel Vlookup, MS Powerpoint. Strong analytical and good time-management skill. A goal-getter, independent, resourceful, shows initiative and good writing skills. * Excellent communication and interpersonal skills.