Client Onboarding Part Time assistant - Toa Payoh

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.