Client Onboarding Officer

Bank Julius Bär & Co. Ltd.; Hong Kong; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

Bank Julius Baer & Co. Ltd. in Hong Kong invites applications for a Client Onboarding role within the Client Documentation Services (CDS). The role focuses on reviewing source of wealth information, corroborating evidence, and performing KYC approvals for non-high risk accounts with the Hong Kong Branch.

You will work to identify AML/CFT issues, elevate risk factors to Compliance and Senior Management, and ensure smooth account opening processes while maintaining high service standards.

Qualifications

• Degree holder preferably in Finance/ Accounting/ Business.
• 4–6 years of solid experience in financial services, private banking and AML/CFT compliance.
• Excellent knowledge of AML guidelines issued by local regulators; Singapore AML knowledge is a plus.
• Good command of Chinese and English; strong analytical and communication skills.
• Basic knowledge of account documentation requirements in Private Banking environment.

Responsibilities

• Review source of wealth information and corroborating evidence for account openings.
• Provide KYC approvals for non-high risk account openings.
• Execute Private Banking account opening processes along the service delivery chain.
• Identify AML/CFT issues and escalate to Compliance and Senior Management as needed.
• Ensure quality service to internal clients and assist in meeting client needs.

Skills

Communication skills

Attention to detail

Team player

Under pressure

Education

Finance/ Accounting/ Business degree

Job description

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Lets shape the future of wealth management together. This role, based in Hong Kong, belongs to Client Documentation Services (CDS) - Client Onboarding Team under the COO division and has the following principal functions.

• Review source of wealth information and corroborating evidence of customers submitted for account opening with Bank Julius Baer, Hong Kong Branch by Relationship Managers
• Provide KYC approvals for non-high risk account openings with Bank Julius Baer, Hong Kong Branch
• Execute Private Banking account opening processes along the chain of product service delivery
• Identify anti-money laundering / counter terrorist financing (AML / CFT) issues and elevate to Compliance and Senior Management as necessary.

YOUR CHALLENGE

• Perform customer due diligence check, including source of wealth, corroborating evidence and name screening results, to ensure compliance with all relevant know-your-client (KYC) and AML / CFT requirements, both from the perspectives of regulatory and internal requirements
• Act as second line of defense to check risk assessments performed by Relationship Managers, and elevate material adverse news and other high risk factors to Compliance as appropriate
• Provide approvals for non-high risk account openings
• Work with Compliance teams and relevant stakeholders on documentation and KYC requirements and ensure fulfilling regulatory requirements and bank's policies
• Ensure that quality service is provided to internal clients and assist in meeting client's needs where relevant
• Proactively engage team members on work related discussions and identify work improvement measures
• Support account opening documentation review or other ad hoc tasks, as required by Supervisor

YOUR PROFILE

Personal and Social

• Meticulous, responsible and accurate in executing tasks assigned by Supervisor
• Able to work under pressure and consistently meet work timelines
• Excellent interpersonal skills
• Able to work independently as well as be a team player
• Strong communication skills

Professional and Technical

• Degree holder preferably in Finance/ Accounting/ Business
• At least 4-6 years of solid experience in professional practice and/or the financial services sector, preferably in Private Banking and AML / CFT Compliance field
• Excellent knowledge of AML Guideline issued by local regulators, and fundamental knowledge on Singapore AML standards would be an added advantage
• Basic knowledge of account documentation requirements in Private Banking environment would be an added advantage
• Good command of spoken and written Chinese and English
• Good analytical and communication skills

The international reference in wealth management Julius Baer is the leading Swiss wealth management group. We focus on servicing and advising sophisticated private clients from around the world, taking into account what truly matters to them – in their business and personal life, today and for future generations. Headquartered in Zurich, we are present in around 60 locations worldwide, including Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, Shanghai, Singapore, Tel Aviv, and Tokyo.

Why join Julius Baer?

At Julius Baer our employees enjoy the benefits of a global company with the support and collegiality of a much smaller one. We are growing quickly, but we remain dedicated to maintaining our accessible structure with flat hierarchies, and approachable and supportive leaders. With offices around the world, we offer an international and stimulating work environment and the opportunity to work with a diverse team of highly motivated colleagues, bringing the best of the bank to our clients. Our core values of Care, Passion, and Excellence define the tone of how we interact with each other and our partners. Committed to your success Whether nurturing young talent with our renowned apprentice scheme, enabling ambitious university graduates to put theory into practice with our Graduate Programme, or providing first-class opportunities for experienced professionals, we look after our employees. We believe in continuous learning as a company and as individuals, which is why we put a focus on the health and well-being of our employees and offer flexible working options, a wide array of benefits, and extensive career development programmes.

For more information visit www.juliusbaer.com or contact us via the Contact Form.