Responsibilities:
- Review account opening for both individual and entity.
- Conduct periodic Customer Due Diligence (CDD) reviews of existing clients, perform Enhanced Customer Due Diligence (ECDD) and ensure overall compliance with procedural standards.
- Perform screenings, including Sanctions, Politically Exposed Person (PEP) and adverse media/ negative news screening.
- Perform background screening of counterparties and employees.
- Advise and coordinate with front office on the CDD requirements by identifying gaps in the CDD documentation.
- Assist in maintenance of database for annual Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) reporting.
- Perform continuous review and improvement of the onboarding workflow and process, as well as update the Policy & Procedure Manuals (PPM) accordingly.
- Responsible for Operations Account Management systems projects, enhancement and automation.
- Assist in retrieval of signature via shared drive and provide support to other teams regarding updates.
- Submit invoices.
- Prepare Letter of Offer and Closure letter.
- Perform static data maintenance, inclusive of:
1. Product static data, FX rate and NAV maintenance
2. Mutual fund order coordination
3. Daily/ monthly statements process
- Any other ad-hoc duties assigned, including monthly/ quarterly reporting.
Requirements:
- Bachelor's degree in Banking/ Finance/ Business Management. Certification in ACAMS or ICA is a plus.
- 3 - 5 years of client onboarding experience.
- Preferably 3 years of working experience in Securities Industry/Private Banking and background in corporate CDD/AML.
- Preferably with relevant experience in reviewing complex trust structure and complex fund investment.
- Able to work independently in a fast-paced and challenging environment, determine priorities and meet deadlines.
- Able to work under pressure.
- A detail-oriented person with the ability to multi-task.
- Strong communication, interpersonal and problem-solving skills.
- Strong willingness to learn, collaborate and contribute to team efforts.
- Preferably proficient in Chinese language to liaise with Chinese-speaking clients.
