The Team:
The candidate will be part of the Onboarding & Implementation team supporting all aspects of onboarding and account setup matters. The team is responsible for putting in place and executing proper due diligence, independent controls and reporting mechanisms for the onboarding of new counterparties and implementation of new businesses. In addition, on an ongoing basis, the team is required to maintain and keep up to date all account information and documentation in accordance with established procedures, as well as KYC best practices. The team works closely with all levels of both front and back offices to integrate processes and control procedures to ensure company risk is protected and customers needs are met.
Responsibilities:
Your primary responsibilities will be:
.Due diligence and KYC (initial and ongoing)
- Main contact point with Front-office and provide guidance on KYC requirements and AML matters in relation to new client onboarding, and periodic review of existing client relationships including name-screening) and customer / counterparty profile maintenance
- Review account opening applications in a timely manner and ensure documentation are complete and sufficient, whilst achieving high levels of quality standards and client satisfaction
- Conduct due diligence and ask questions on background and nature of business of customer /counterparty to gain understanding on their profile and SOW / SOF
- Ensure compliance with AML, regulatory requirements and Company policies
- Support in identifying areas of improvement in the KYC / Onboarding process, guidance or tools, and recommending potential solutions
- Discuss and recommend to Team Lead regarding high-risk counterparties or complex KYC / AML issues.
- Account Setup & maintenance
.Accounts Setup & Maintenance
- Liaise with Front-office on account set-up requirements
- Responsible for data maintenance relating to customer and commission information on backoffice systems
- Set-up accounts with relevant upstream counterparties (on behalf of customers) where necessary
- Investigate & resolve any account setup issues on respective backoffice system
- Timely update of particulars of customers and/or counterparties in the respective systems upon request
- Ensure completeness with sufficiency of documentation for record keeping as part of account maintenance
.Process improvements and any other ad-hoc projects
Requirements:
You should possess the following:
- A minimum of a Degree or diploma in Finance, Business, Accountancy or equivalent
- At least 3 - 5 years of relevant working experience in financial services industry and familiar with AML/KYC tools and due diligence processes
- Meticulous and analytical with eye for details and alertness to AML risks
- Ability to multi-task and manage multiple streams of work concurrently
- Process-oriented and able to work well under pressure in a fast paced operational environment
- Strong interpersonal skill and facilitation abilities
- Team player but able to work independently under minimal supervision
- Excellent written and verbal communication skills
- Fluency in both Mandarin and English are essential
- Proficient in Microsoft Office
- Immediate availability will be viewed favourably
- This is a 6-month contract position with the potential to convert to a permanent position with good performance
