Attorney in Raffles Park, Singapore (General)

LawCrossing; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A prominent financial institution in Singapore seeks a VP/AVP, Front Office Onboarding Specialist. The successful candidate will facilitate client onboarding, ensure compliance with KYC regulations, and collaborate with stakeholders. A Bachelor's degree and extensive experience in KYC, AML, or client onboarding in financial services are essential. Competitive salary and benefits are offered.

Benefits

Competitive salary

Benefits package

Professional development support

Qualifications

• At least 7-10 years of experience in KYC, AML and/or client onboarding in private banking or financial services.
• Strong knowledge of regulatory frameworks, FATCA, CRS, and MAS guidelines.
• Detail-oriented with excellent analytical and problem-solving skills.

Responsibilities

• Facilitate the end-to-end client onboarding process from advisory to account opening.
• Share best KYC practices with market regions to improve quality.
• Analyse data to track onboarding progress and identify KYC issues.
• Identify inefficiencies in the onboarding process and propose enhancements.

Skills

KYC and AML Compliance

Data Analysis

Communication

Interpersonal Skills

Education

Bachelor’s degree in Finance, Business, Law, or related field

Tools

KYC software

Excel

Tableau

Job description

Attorney in Raffles Park, Singapore (General)

Job Title VP/AVP, Front Office Onboarding Specialist, Private Banking, Consumer Banking Group

Job Responsibilities

1. KYC and Compliance:

• Facilitate the end-to-end client onboarding process, from prospect onboarding advisory to account opening
• Assess client/case profile and guide Front Office to obtain the required corroboration and information
• Partner with Relationship Managers (RM) in KYC write-up, identify areas of clarifications and ensure adequate follow-up with clients and closure prior to KYC submission
• Conduct joint discussions with Front Office and KYC team to facilitate case decisions
• Assist in documentation related reworks to facilitate the account opening process
• Assist in periodic reviews of client accounts to maintain ongoing compliance
• Keep updated on KYC/AML regulations and ensure adherence to local and international laws

2. Collaboration and Communication:

• Share best KYC practices through huddles with various market regions and teams to improve quality
• Improve collaboration between units to facilitate the account opening process
• Liaise with Front Office, compliance teams, and other stakeholders to resolve gaps or discrepancies
• Provide advice and guidance to internal teams on regulatory requirements and best practices

3. Data Management and Reporting:

• Analyse data to track progress and efficiency of onboarding progress, risk trends, and KYC issues

4. Process Improvement:

• Identify inefficiencies in the onboarding process and propose enhancements if any

Education and Experience Information

• Bachelor’s degree in Finance, Business, Law, or a related field
• At least 7-10 years of experience in KYC, AML and/or client onboarding in private banking or financial services
• Strong knowledge of regulatory frameworks (., FATCA, CRS, MAS guidelines)
• Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage
• Detail-oriented with excellent analytical and problem-solving skills
• Strong communication and interpersonal skills to collaborate effectively with Front Office and diverse stakeholders
• Familiarity with KYC software, databases, and banking systems.

Proficient in Excel and Tableau preferred Salary Information We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.