Wealth Management Onboarding Operations Analyst

Rothstein Recruitment; Greater London; On-site; GBP 42,000 - 56,000; Full time

Job summary

Private Bank is seeking an Operations Analyst - Onboarding within Wealth Management to join the operations team. You will work closely with Relationship Managers and CSE Teams to manage client onboarding and account opening, gaining exposure to high-net-worth structures in a prestigious banking environment.

The role covers AML, compliance and client lifecycle tasks, including reviewing AODs, preparing account opening packs, and escalating AML risks where needed.

Qualifications

• Level 1 or 2 Wealth Management, AML, Compliance & Compliance Risk qualification (or equivalent) would be an advantage, however not mandatory
• 1 year experience in the financial services industry (onboarding department) is a plus
• Good understanding of Financial Crime and Suitability related topics

Responsibilities

• Primary point of contact for account opening documents and onboarding for client relationships
• Assist in creation of account opening packs to ensure completeness
• Review account opening documentation for compliance with UK requirements and Booking Centre standards
• Evaluate complex ownership structures (trusts, foundations, charities, domiciliary companies) for onboarding
• Coordinate with internal teams and third-party providers to ensure smooth onboarding and wrapper accounts
• Ensure timely submissions of onboarding to Booking Centre
• Maintain accurate records of client onboarding data and documentation
• Clarify with client-facing teams or Compliance on AML risks when needed
• Provide operational support for digital onboarding

Job description

Private Bank is seeking an Operations Analyst - Onboarding within Wealth Management to join the operations team. You will work closely with Relationship Managers and CSE Teams to manage client onboarding and account opening, gaining exposure to high-net-worth structures in a prestigious banking environment.

The role covers AML, compliance and client lifecycle tasks, including reviewing AODs, preparing account opening packs, and escalating AML risks where needed.