Facilitate the end-to-end client onboarding process, from prospect onboarding advisory to account opening
Assess client / case profile and guide Front Office to obtain the required corroboration and information
Partner RM in KYC write-up, identify areas of clarifications and ensure adequate follow-up with clients and closure prior to KYC submission
Conduct joint discussions with Front Office and KYC team to facilitate case decisions
Perform risk assessments
Assist in documentation related reworks to facilitate the account opening process
Assist in periodic reviews of client accounts to maintain ongoing compliance.
Keep updated on KYC/AML regulations and ensure adherence to local and international laws.
Collaboration and Communication:
Share best KYC practices through huddles with various market regions and teams to improve quality
Improve collaboration between units to facilitate the account opening process
Liaise with Front Office, compliance teams, and other stakeholders to resolve gaps or discrepancies.
Provide advice and guidance to internal teams on regulatory requirements and best practices.
Data Management and Reporting:
Analyse data to track progress and efficiency of onboarding progress, risk trends, and KYC issues
Process Improvement:
Identify inefficiencies in the onboarding process and propose enhancements if any
Requirements
Bachelor's degree in Finance, Business, Law, or a related field
At least 7-10 years of experience in KYC, AML and/or client onboarding in private banking or financial services.
Strong knowledge of regulatory frameworks (e.g., FATCA, CRS, MAS guidelines).
Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.
Detail-oriented with excellent analytical and problem-solving skills.
Strong communication and interpersonal skills to collaborate effectively with Front Office and diverse stakeholders
Familiarity with KYC software, databases, and banking systems. Proficient in Excel and Tableau preferred
