Job Description

Manage the inflow of request and prioritize KYC Client onboarding and Periodic reviews

Ensure business and client is provided with the KYC, Tax, and regulatory requirements for all onboarding and periodic review request

Ensure key stakeholders are kept informed of the progress, challenges, and escalating issues where appropriate. Interact with Front Office and External Clients as appropriate and be hands on. Take end to end ownership and coordinate with various teams to get the task done (Credit, Compliance, Legal etc)

Follow up on any delays and deficiency on KYC docs

Ability to work with onshore and offshore teams

Liaise with Compliance/Business/External counterparts

Perform quality checks to ensure that defined guideline is adhered

Work as the process owner and ensure end-to-end management of all activities associate

Ensure adherence to standards, procedures and also identify risk mitigates and is fully aware of Operational Risk management

Participates in regular operational performance reviews and monthly self-assessment

Should be commercially minded and ensure that information available with the bank or publicly available are sourced and leveraged

Remain updated with Regulation and Industry Knowledge

Break the silos within COB and with other departments to ensure efficient and speedy completion of tasks. Reduce complexity of the tasks.

Support in preparing of MIS required for management decision making

All overdue and ageing request are followed and placed for closure or hold to ensure the pipeline effective management

Should be adept in spotting trends (in data points) and analyze the same for further action

Must be able to multi task effectively

Additional

Details of the Division and Team:

KYC Client Onboarding is responsible for ensuring client is successfully on boarded as required per global KYC policy, local KYC requirements, meeting tax, and regulatory norms.

The role requires KYC policy knowledge for Singapore and Hong Kong regulations, good knowledge of client onboarding documents including Reg and Tax docs.

Candidate needs to have strong KYC domain knowledge, ability to check and validate KYC documents, strong maker and checker control mind frame.

Strong communication skills and ability to liaise with internal compliance (AFC) and client outreach teams.
Fungible resource to be able to cover New client adoption and periodic review and able to switch between roles.

Candidate will play a crucial role in performing the Client reconciliation between downstream systems and KYC records and responsible for remediation of legacy clients.
Provide client documents to Sales and CDD teams by leveraging client hard copies.

Act as the single point of contact for the Business, managing the end-to-end KYC process for new client adoptions, product/business extensions and client regular review/remediation for CIB business lines, ensuring outputs are of high quality, and delivered in timely manner.

Your key responsibilities:

• Manage the inflow of request and prioritize KYC Client onboarding and Periodic reviews
• Ensure business and client is provided with the KYC, Tax, and regulatory requirements for all onboarding and periodic review request
• Ensure key stakeholders are kept informed of the progress, challenges, and escalating issues where appropriate.
• Interact with Front Office and External Clients as appropriate and be hands on.
• Take end to end ownership and coordinate with various teams to get the task done (Credit, Compliance, Legal etc)
• Follow up on any delays and deficiency on KYC docs
• Ability to work with onshore and offshore teams
• Liaise with Compliance/Business/External counterparts
• Perform quality checks to ensure that defined guideline is adhered
• Work as the process owner and ensure end-to-end management of all activities associate
• Ensure adherence to standards, procedures and also identify risk mitigates and is fully aware of Operational Risk management
• Participates in regular operational performance reviews and monthly self-assessment
• Should be commercially minded and ensure that information available with the bank or publicly available are sourced and leveraged
• Remain updated with Regulation and Industry Knowledge
• Break the silos within COB and with other departments to ensure efficient and speedy completion of tasks. Reduce complexity of the tasks.
• Support in preparing of MIS required for management decision making
• All overdue and ageing request are followed and placed for closure or hold to ensure the pipeline effective management
• Should be adept in spotting trends (in data points) and analyze the same for further action
• Must be able to multi task effectively

• Minimum 3 years of working experience in KYC (Know-Your-Client) Client Onboarding and Remediation in a Financial Institution
• Proven working knowledge of AML (Anti-Money Laundering), KYC and Regulatory requirements in a Corporate Banking environment
• Ability to build relationships by communicating, influencing and negotiating with business stakeholders and technical experts across the department and business users.
• Working knowledge of Corporate Banking products.
• Minimum a Bachelor\xe2\x80\x99s degree from an accredited tertiary institution
• Ability to work in a matrixed organization dealing with different levels of stakeholders
• Possess analytical and problem-solving skills
• Independent, self-motivated and a team player
• Proficient in MS Office applications
• Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

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