Private Wealth Management Operations - Client Onboarding Team - Analyst/Associate - Singapore
HOW YOU WILL FULFILL YOUR POTENTIAL 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. SKILLS & EXPERIENCE WE'RE LOOKING FOR BASIC QUALIFICATIONS • Bachelor's degree • 1+ years financial industry experience (AML or other Client Onboarding Regulatory experience a plus) • Mandarin language skills (Business level) preferred • Highly motivated and results orientated • Have a high level of self-initiative to challenge and improve processes • 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 The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.© The Goldman Sachs Group, Inc., 2019. All rights reservedGoldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.