About the role
AI summarisedSenior Associate role in Private Banking front office onboarding, responsible for managing end-to-end client onboarding and KYC processes for high net worth clients. The role involves ensuring compliance with regulatory requirements and collaborating with relationship managers and other stakeholders.
BusinessFull-timeGeneral
Key Responsibilities
- Manage end-to-end client onboarding process for private banking clients, ensuring timely and accurate account opening.
- Conduct due diligence and KYC reviews in accordance with regulatory and bank policies.
- Liaise with relationship managers, legal, compliance, and other internal teams to facilitate onboarding.
- Review and verify client documentation, including identification, source of wealth, and risk profiles.
- Ensure all client records are maintained accurately in the bank's systems.
- Identify and escalate any potential risks or issues during the onboarding process.
- Assist in the development and improvement of onboarding procedures and controls.
- Provide guidance and training to junior team members on KYC and onboarding requirements.
Requirements
- Minimum 5-8 years of experience in private banking or wealth management operations, with a focus on client onboarding and KYC.
- Strong knowledge of KYC, AML, and regulatory requirements in private banking.
- Excellent understanding of due diligence processes and documentation requirements.
- Proven ability to manage multiple stakeholders and prioritize tasks in a fast-paced environment.
- Strong analytical and problem-solving skills with high attention to detail.
- Excellent communication and interpersonal skills.
- Proficiency in English; additional languages are a plus.
- Bachelor's degree in Business, Finance, Accounting, or related field.
- Experience with onboarding systems and tools is preferred.
- Ability to work independently and as part of a team.