Senior Associate / AVP Account Service Team (Private Banking)

Job Purpose:

To ensure the smooth functioning of the day-to-day activities of the Account Services unit, which include account opening and related on-boarding checks, static data maintenance and other anti-money laundering (AML) measures, such as reviewing the daily name screening hits and tracking of the periodic KYC review etc.

 

Key Responsibilities:

Account Services Operations:

· Perform Anti-Money Laundering (AML) checks i.e. name screening.

· Provide support to business and ensure that the Bank operates in accordance with the relevant laws and regulations, policies and standards, for the prevention of money laundering and terrorist financing.

· Maintenance of customer data and periodic KYC review update in banking systems.

· Account opening/Account closing in system.

· Update customers’ static data (change of signatories, signature arrangement and address).

· Checking and verification on completeness of account opening documents.

· Checking and verification on completeness and accuracy of account opening data.

· Follow up with front office on original account documents. Scanning of account opening and maintenance documents.

· Follow up with front office on deferred documents

· Exercise vigilance with regards to client on-boarding AML measures and refer all queries and irregularities to Team Leader/Head of Business Admin/Compliance Officer.

· Perform AML related reviews such as daily name screening hits, CIP and Risk Modeling.

Other Duties & Responsibilities:

· Perform UAT for new system launch or system enhancement to cater for change in processes.

· Attend to queries from the front office and other internal stakeholders.

· Carry out other duties that may be assigned by the supervisor from time to time.

 

Key Requirements:

· Sound awareness on Prevention of Money Laundering /Terrorist Financing.

· Perform adequate due diligence during customer account opening.

· Good communication, interpersonal and organizational skills.

· Competent Customer service skills.

· PC skills in Microsoft Word, Excel and Powerpoint.

 

EA License Number: 18C9289 | Registration Number: R22106136

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