Job Description

6 months Contract (Maternity Cover ) - Client Onboarding Officer

\xc2\xb7 Support the Senior Management of Branch in ensuring compliance with external and internal Regulations and thus actively manage operational, regulatory and reputational risks.

\xc2\xb7 Build strong relationships with key stakeholders such as the Front Office, Legal, Compliance and Risk Management teams.

\xc2\xb7 Assess AML/KYC risk and approval for new Standard and Medium Risk (Risk Countries) client relationships booked.

\xc2\xb7 Work closely with Head Office and overseas offices (particularly, Hong Kong, Dubai and Thailand) to provide input on account opening.

\xc2\xb7 Review and approve the on-boarding of new client relationships and accounts for Individuals, Domiciliary Companies, Legal Entities, Financial Institutions, Trusts, Fund, External Asset Managers, and ensure compliance with the Bank\xe2\x80\x99s policies and procedures, and with MAS 626 Notices and Guidelines, and to mitigate risks (legal, regulatory and/or reputational) for the Bank

\xc2\xb7 Review and assess the adequacy of the Source of Wealth narrative and corroboration submitted by the Front for new to bank prospects and / or existing clients

\xc2\xb7 Review and assess the risk of opaque legal structures

\xc2\xb7 Address Sanction true matches, as well as true matches for other AML/CFT risks identified during the Bank\xe2\x80\x99s Name Screening processes.

\xc2\xb7 Provide advice to Front employees on KYC/CDD- related matters

\xc2\xb7 Provide advice to the management and local risk committees on the AML/CFT risk of a client relationship.

\xc2\xb7 Strong commitment to quality service and a desire to drive continuous process improvement initiatives

\xc2\xb7 Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations

\xc2\xb7 Ensure that KYC/CDD issues are properly identified, assessed and documented.

\xc2\xb7 Ensure that where KYC/CDD measures cannot be completed, the client relationship is not established or exited, and there is timely escalation to AML Controls, where suspicious activities /conduct is also noted.

\xc2\xb7 Ensure timely assistance and cooperation is rendered to MAS\xe2\x80\x99 and law enforcements\xe2\x80\x99 requests for information.

Requirements

\xc2\xb7 Ability to effectively manage internal and external stakeholders

\xc2\xb7 Strong analytical skills

\xc2\xb7 At least 1-3 years\xe2\x80\x99 experience in either KYC On-Boarding and AML role, preferably in Private Banking

\xc2\xb7 A good degree and understanding of the Private Banking and Wealth Management industry

\xc2\xb7 Strong knowledge of the MAS 626 Notice & Guidelines

\xc2\xb7 A good degree and understanding of the private banking industry and or trust company.

\xc2\xb7 Experience in preparing reports and excellent excel skills

Salary: $4000 - $5000

Location: Changi Business Park

Working hours: office hours mon-fri

Please state your availability, current and expected salary in the resume.

Tel: 6233 0450

WA: 87555290

Bryan Huang (R22104680)

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Bryan Huang | Registration No: R22104680

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