Attorney in Serangoon Garden Estate, Singapore (General)

LawCrossing; Singapore; On-site; SGD 100,000 - 130,000; Full time

Job summary

A financial services company in Singapore is seeking a VP/AVP, Front Office Onboarding Specialist to oversee the client onboarding process and ensure adherence to KYC regulations. The role requires 7-10 years of relevant experience, a bachelor's degree, and strong analytical skills. The company offers a competitive salary and a dynamic working environment that supports professional development.

Benefits

Competitive salary and benefits package

Dynamic work environment

Qualifications

• At least 7-10 years of experience in KYC, AML, and/or client onboarding.
• Strong knowledge of regulatory frameworks such as FATCA, CRS, and MAS guidelines.
• Certifications in AML like CAMS are advantageous.

Responsibilities

• Facilitate the end-to-end client onboarding process from advisory to account opening.
• Share best KYC practices and improve collaboration between units.
• Analyze data to track onboarding progress and KYC issues.
• Identify inefficiencies in the onboarding process and propose enhancements.

Skills

KYC and compliance

Data analysis

Regulatory knowledge

Communication skills

Problem-solving

Education

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

Tools

KYC software

Excel

Tableau

Job description

Attorney in Serangoon Garden Estate, 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 advisory to account opening.
• Assess client profiles and guide the Front Office to obtain necessary corroboration and information.
• Partner Relationship Managers (RM) in KYC write-up, identify areas needing clarification, and ensure follow-up with clients before KYC submission.
• Conduct joint discussions with the Front Office and KYC team to facilitate case decisions.
• Perform risk assessments and assist in documentation reworks to facilitate account opening.
• Assist in periodic reviews of client accounts for ongoing compliance.
• Stay updated on KYC/AML regulations and ensure adherence to local and international laws.

2. Collaboration and Communication:

• Share best KYC practices through team huddles across different market regions and teams.
• Improve collaboration between units to facilitate account opening.
• Liaise with the Front Office, compliance teams, and other stakeholders to resolve discrepancies.
• Provide advice and guidance to internal teams on regulatory requirements and best practices.

3. Data Management and Reporting:

• Analyze data to track onboarding progress, risk trends, and KYC issues.

4. Process Improvement:

• Identify inefficiencies in the onboarding process and propose enhancements.

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 such as FATCA, CRS, and MAS guidelines.
• Certifications in AML like Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering are advantageous.
• Detail-oriented with excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills to collaborate effectively with the Front Office and diverse stakeholders.
• Familiarity with KYC software, databases, and banking systems, with proficiency in Excel and Tableau preferred.

Salary Information: The company offers a competitive salary and benefits package, along with the professional advantages of a dynamic environment that supports your development and recognizes your achievements.