Description

Our client, a well- established private bank based in Singapore is looking to expand their business within the Asia Pacific region. The company is looking to add on a new headcount - VP or Director Client Due Diligence to join them. This role is pivotal in ensuring the integrity of the company's operations and establishing standards.

As a member of the CDD team, you are required to work closely with the Team Lead (Client Onboarding) and Head of Client Due Diligence Asia to drive the performance of the Bank's Account Opening processes and ensure the Bank's CDD's process adheres to the KYC/AML directives and regulatory expectations.

Responsibilities:

1. Reviews new client account submission, including documents, due diligence / KYC information, AML risk profile, call report, in line with the Bank's KYC/AML policy and Service Levels (SLA)
2. Performs due diligence checks (including tax due diligence) against SmartKYC and public searches for account opening to independently corroborate Source of Wealth (SOW) with corroborative evidence.
3. Ensures the CDD team consistently delivers against the Bank's vision and drive to improve the account opening processes and systems.
4. Build and foster a close and collaborative working relationship with Asia Front Office colleagues with regards to CDD matters
5. Continuously drive CDD process efficiencies
6. Where required, to support and / or perform the following CDD related activities (non-exhaustive):-
7. Perform blocking and unblocking of accounts
8. Handling of ongoing screening alerts and escalation if required
9. Perform testing (AML/CFT systems such as Avaloq, Nepal, CPM)
10. Provide periodic status updates to management, manage prioritization, deliverables and pipeline to ensure SLAs are met

Requirements

1. Minimum Tertiary qualifications, ideally in business, accounting or law
2. Minimum 10 years' relevant experience in a financial institution, preferably covering private banking AML/KYC
3. Strong communication and writing skills in English and Chinese. Proficiency in mandarin is required to work with team members based in Hong Kong.
4. Strong CDD/KYC experience, preferably in a Private Banking set up, with analytical and evaluative skills and attention to details
5. Good computer skills in MS Excel, Word & Powerpoint

Please email your cv directly in word format with job reference no.16565 to

mailto:sophia@theedgepartnership.com

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

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EA Licence: 16S8131

Recruiter Licence: R22104669