Snr Associate, Front Office Onboarding Specialist, Private Banking, Consumer Banking Group
Job Description
Responsibilities
DBS Asia Central
Job:
Operations
Schedule:
Regular
Employee Status:
Full time
- KYC and Compliance:
- 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
- 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
DBS Asia Central
Job:
Operations
Schedule:
Regular
Employee Status:
Full time
More Info
Key Skills
About Company
Skills:
Aml, Tableau, Excel, Databases, FATCA, CRS, KYC software, MAS guidelines, Kyc, banking systems
Skills:
Aml, change management, Migration, Sow, Emerging Technologies, Business Integration, Ai, financial crime compliance, TOM, Kyc, technology transformation, core business processes
Skills:
Aml, Wealth management solutions, Kyc
Skills:
Source of Funds (SOF), Source of Wealth (SOW), KYC assessments, risk assessments, wealth accumulation analysis, CDD, EDD, MAS AML CFT regulations, financial crime compliance, Transaction Monitoring, AML KYC
Skills:
Source of Funds (SoF), Source of Wealth (SoW), Enhanced Due Diligence (EDD), Aml, Analytical research, Kyc