- This position sits within the Private Wealth BCCO unit and is responsible for supporting the front office in ensuring timely and compliant onboarding of new clients. The successful candidate is expected to be well-versed in AML/CFT and CDD standards, and familiar with the documentation and regulatory requirements for Private Wealth account types. The role requires a meticulous eye for detail, strong communication skills, and the ability to manage multiple stakeholders and competing priorities.
- Review and assess onboarding documentation to ensure completeness, accuracy, and compliance with MAS regulations and internal policy standards.
- Identify and escalate any deficiencies or red flags in client KYC, source of wealth (SoW), and background information.
- Liaise with Relationship Managers (RMs) to clarify submissions and obtain supporting documentation where required.
- Provide guidance to RMs on KYC requirements and support them in meeting submission standards.
- Ensure proper risk classification based on client profile, SoW, and overall risk factors.
- Coordinate with Financial Crime Compliance (FCC) and other control functions where escalation or additional review is necessary.
- Monitor onboarding turnaround time and ensure cases are processed within SLA.
- Support internal projects and initiatives related to onboarding process enhancements, checklist updates, and policy changes.
- Ensure proper documentation and record-keeping to support audit readiness and regulatory inspections.
- Ability to work independently with minimal supervision, and collaborate effectively with both front office and control functions.
Elsa Fontanne (CEI No. R24124496)
Email Address: [email protected]
Recruitment Consultant
Recruit Express Pte Ltd / EA Licence No: 99C4599
We regret only shortlisted candidates will be contacted