Onboarding Associate - Account Opening

Our client - a leading multi asset brokerage firm with presence across several countries in Asia and a pioneer member of the Securities & Derivatives, Trading and Clearing Member of Singapore Exchange, ICE Futures Singapore and ICE Clear Singapore.

Hold a Capital Markets Services License, is regulated by the Monetary Authority of Singapore (MAS) and is also an equal opportunity employer.

Responsibilities:

• Review account opening for both individual and entity.
• Conduct periodic Customer Due Diligence (CDD) reviews of existing clients, perform Enhanced Customer Due Diligence (ECDD) and ensure overall compliance with procedural standards.
• Perform screenings, including Sanctions, Politically Exposed Person (PEP) and adverse media/ negative news screening.
• Perform background screening of counterparties and employees.
• Advise and coordinate with front office on the CDD requirements by identifying gaps in the CDD documentation.
• Assist in maintenance of database for annual Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) reporting.
• Perform continuous review and improvement of the onboarding workflow and process, as well as update the Policy & Procedure Manuals (PPM) accordingly.
• Responsible for Operations Account Management systems’ projects, enhancement and automation.
• Assist in retrieval of signature via shared drive and provide support to other teams regarding updates.
• Submit invoices.
• Prepare Letter of Offer and Closure letter.
• Perform static data maintenance, inclusive of: Product static data, FX rate and NAV maintenance, Mutual fund order coordination, Daily/ monthly statements process.
• Any other ad-hoc duties assigned, including monthly/ quarterly reporting.

Requirements:

• Bachelor’s degree in Banking/ Finance/ Business Management as well as certification in ACAMS or ICA.
• Preferably relevant year of working experience in Securities/ Brokerage/ Private Banking firms.
• Experience in Corporate CDD/AML, preferably with relevant experience in reviewing complex trust structure and complex fund investment.
• Able to work independently in a fast-paced and challenging environment, determine priorities and meet deadlines.
• Able to work under pressure.
• A detail-oriented person with the ability to multi-task.
• Strong communication, interpersonal and problem-solving skills.
• Strong willingness to learn, collaborate and contribute to team efforts.
• Proficiency in MS excel, including vlookup.
• Preferably proficient in Chinese language to liaise with Chinese-speaking clients.

Interested candidates kindly forward your CV to jessy.chiew@peoplesearch.jobs (Jessy Chiew Jie Xin, Reg No: R25127837). Feel free to forward this great opportunity to someone who would be a great fit for this role.

All information will be kept strictly confidential. We regret to inform that only successful applicants will be contacted.

PeopleSearch Pte Ltd

EA License No: 16S8057