Client Onboarding Team Lead

Bank Julius Bär & Co. Ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Julius Baer Singapore is seeking a Client Onboarding Team Lead to oversee AML/KYC risk reviews for Standard and Medium Risk client relationships. You will manage a team of onboarding specialists, ensuring compliance with MAS 626 and internal policies, and provide guidance to Front Office and Risk Management.

You will build strong stakeholder relationships across COO, Legal, Compliance and Front Office, drive process improvements, and uphold high standards of integrity in client onboarding.

Qualifications

• At least 8 years’ experience in KYC onboarding or AML, preferably in Private Banking.
• Strong understanding of Private Banking and Wealth Management.
• Good knowledge of MAS 626 Notice & Guidelines.
• Experience in preparing reports and strong Excel skills.

Responsibilities

• Review and approve onboarding of new client relationships and accounts for Standard and Medium Risk.
• Assess Source of Wealth narratives and corroboration submitted by Front Office.
• Evaluate risk of opaque legal structures and sanction screening results.
• Provide advice to Front Office on KYC/CDD matters and to management on AML risk.
• Lead a team of 5-8 Client Onboarding Officers and ensure regulatory compliance.
• Coach team, manage escalations, and conduct quarterly quality checks.

Skills

KYC Onboarding

AML

Private Banking

MAS 626 Knowledge

Excel

Tools

Excel

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. Let's shape the future of wealth management together.

GENERAL DESCRIPTION

The Client Onboarding Team Lead is part of the COO Division of Julius Baer Singapore (BJBS) in the Client Onboarding Team.The Client Onboarding Team Lead is responsible for managing a team reviewing and assessing AML/KYC risk for Standard and Medium Risk client relationships booked in BJBS.The role provides oversight and challenge to Front Office submissions, ensuring adherence to AML, KYC, tax, sanctions, and regulatory requirements.The incumbent will manage a team of onboarding specialists, drive process excellence, and serve as a key stakeholder across COO, Front Office, Legal, Compliance, and Risk Management teams.

YOUR CHALLENGE

KEY FEATURES OF THE POSITION

Business Management

• Review and approve the onboarding of new client relationships and accounts for Individuals, Domiciliary Companies, Legal Entities, Financial Institutions, Trusts, Fund, External Asset Managers, and ensure compliance with the Bank's policies & procedures, MAS 626 Notice and Guidelines, and to mitigate risks (legal, regulatory and/or reputational) for the Bank
• Review and assess the adequacy of the Source of Wealth narrative and corroboration submitted by the Front for new to bank prospects and existing clients opening new accounts
• Review and assess the risk of opaque legal structures
• Address true matches for Sanctions and other AML/CFT risks identified during the Bank's Name Screening process at client onboarding
• Provide advice to Front employees on KYC/CDD- related matters
• Provide advice to the management and local risk committees on the AML/CFT risk of a client relationship
• Strong commitment to quality service and a desire to drive continuous process improvement initiatives

People Management

• Lead a team of 5-8 Client Onboarding Officers
• Support Senior Management in ensuring client relationships onboarded comply with regulations and internal policies, thus actively manage operational, regulatory and reputational risks

Client Management (internal & external)

• Build strong relationships with key stakeholders such as the BJBS Front Office, Legal, Compliance and Risk Management teams
• Assess AML/KYC risk and approve or reject new account opening applications for Standard and Medium Risk client relationships in accordance with internal policies and procedures. Where applicable, elevate higher risk client relationships to Compliance for review
• Work closely with Head Office and overseas offices (particularly Hong Kong, Dubai, and Thailand) to provide input on account opening

Regulatory Responsibilities &/OR Risk Management

• Demonstrate appropriate values and behaviours, including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations
• Ensure that KYC/CDD issues are appropriately identified, assessed, and documented Where KYC/CDD measures cannot be completed, ensure that the client relationship is not established, and there is timely escalation to AML Controls where suspicious activity/conduct noted
• Ensure timely assistance and cooperation is rendered to MAS or law enforcements’ request for information

Supervisory Responsibilities

• Coach and develop a team of client onboarding professionals
• Allocate resources effectively to manage onboarding volumes and service level commitments
• Manage first level escalations from the team and assess if further escalation to Head of Client Onboarding required
• Conduct quality checks on approved accounts on a quarterly basis to assess if there are knowledge or systemic gaps to review with the team
• Promote strong risk culture across the team

YOUR PROFILE

SKILLS REQUIREMENTS OF THE POSITION

Professional and Technical

• At least 8 years’ experience in either KYC Onboarding or AML, preferably in Private Banking
• A good degree of understanding of the Private Banking and Wealth Management industry
• Strong knowledge of MAS 626 Notice & Guidelines
• A good degree of understanding of the private banking or trust industry
• Experience in preparing reports and strong excel skills

Personal and Social

• Strong personality with good organisational skills
• Excellent communication skills
• Ability to effectively manage internal and external stakeholders
• Ability to prioritize and work on multiple assignments concurrently
• A strong sense of responsibility and impeccable integrity
• Strong analytical skills
• Excellent command of spoken and written English, other languages are an advantage

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.