Private Wealth Client Onboarding (6 Months Contract)

  • Job category
    Banking and Finance
  • Job level
  • Contract type
  • Location
  • Salary
    S$4000 - S$5500

Job Description

  • Excellent opportunity to join a global investment bank
  • 6 months contract, renewable with an opportunity to convert to permanent

About Our Client

Our client is a leader in global banking with a huge global presence. They provide financial services across corporate and investment banking, asset management and private banking for local corporations and institutions as well as multi-nationals, governments and private clients.

Job Description

The PWM COB Team is responsible for reviewing Account Onboarding and Maintenance documentations meet regulatory requirements.The team plays a key role in safeguarding the firm by performing the following key functions:

  • Understand the different client account structures and legal documentation required to establish new accounts
  • Review the accuracy and completeness of account documentation and all required signatures have been obtained
  • Ensuring organizational documents are obtained in accordance with firm policy and regulatory requirements
  • Perform data input into the system for proper account set up
  • Ensure suitability review has been completed
  • Identify red flags at client onboarding stage
  • Partner with AML Compliance to ensure new policies and regulations are fully implemented within Global PWM
  • Be vigilant in due diligence reviews of new client screening for AML & Know Your Client requirements
  • Request products (options, margin, etc.) for the respective PWM client accounts
  • Ensure downstream systems correctly recognize approved products and services, including Cash products, Client Statement and Performance reporting
  • Resolve issues through coordination with PWM Teams, PWM Compliance, PWM Legal
  • Ensure the updated documentations are properly stored into the central documents depository for completeness
  • Continuously identify and implement process improvements.

The Successful Applicant

  • Degree holder
  • Strong understanding of risk and control framework in operations
  • Has strong interpersonal skills to establish Business and Federation relationships
  • Able to manage multiple tasks or projects and manage deadlines effectively
  • Strong team player who is able to work under pressure

What's on Offer

Opportunity to join a global investment bank.

Closing on 22 Dec 2021

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