About the role
AI summarisedHigh Net Worth Onboarding Manager role at Great Eastern in SG-GE Centre.
InsuranceOnsiteRisk Management
Key Responsibilities
- Oversee and manage the onboarding of High Net Worth Clients, including performing Source of Wealth corroboration
- Ensure compliance with the MAS AML Notice, Guidelines and associated instruments, as well as other relevant laws and regulations
- Understand and apply all relevant KYC processes, including Name Screening, Customer Due Diligence (CDD), Customer Risk Rating
- Manage management approvals for sanction risk, political exposure risk and other high risk clients
- Advise management, business units and local compliance across GE Group on relevant AML-related matters applicable to HNW clients
- Carry out other AML/CFT and related tasks as may be required
Requirements
- Proven understanding of AML/CFT regulations
- Experience with KYC processes (Name Screening, CDD, Risk Rating)
- Knowledge of MAS AML Notice and Guidelines
- Ability to handle high-risk client onboarding