Job Description
- Execute the complete corporate client account opening process as per the Bank's established standard operating procedures (SOPs).
- Conduct thorough Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for new and existing corporate clients, including the verification of Ultimate Beneficial Owners (UBOs).
- Scrutinize corporate documents (e.g., Certificate of Incorporation, Constitution, Business Profiles) to verify the legitimacy and legal structure of entities.
- Perform name screening and sanctions checks using approved systems and escalate potential hits for further review.
- Prepare and review account opening forms and documentation packages, ensuring completeness, accuracy, and proper authorizations.
- Liaise directly with clients, relationship managers, and internal stakeholders (Compliance, Legal, Operations) to facilitate a smooth and timely onboarding experience.
- Stay abreast of changes in internal policies and external regulatory requirements related to client onboarding and KYC/AML.
Job Requirements
- Minimum Diploma/Degree in Business, Finance, Law, or a related field.
- Minimum of 1 year of relevant experience in corporate client onboarding, KYC/AML, or operations within a corporate banking environment.
- In-depth knowledge of MAS AML/CFT regulations and requirements is essential.
- Familiarity with corporate structures, legal documents, and various business types. Good communication and interpersonal skills to effectively interact with clients and internal teams.
- Proficient in MS Office applications. Experience with banking onboarding systems is an advantage.
- Ability to work independently, manage multiple tasks, and meet deadlines in a fast-paced environment.
- A team player with a strong sense of integrity and professionalism.
Please note that this is a short-term contract role.
