Corporate Client Onboarding Specialist

BANK OF CHINA LIMITED; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading financial institution in Singapore seeks a Corporate Client Onboarding Specialist who will handle account openings and ensure compliance with KYC/AML regulations. The ideal candidate has a degree in Business, Finance, or Law, with at least 1 year of relevant experience. Strong communication skills and knowledge of banking processes are essential. This position requires a proactive individual who can work independently in a fast-paced environment.

Qualifications

• Minimum of 1 year of relevant experience in corporate client onboarding, KYC/AML, or operations.
• In-depth knowledge of MAS AML/CFT regulations and requirements.
• Ability to work independently and manage multiple tasks in a fast-paced environment.

Responsibilities

• Execute the complete corporate client account opening process.
• Conduct thorough Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD).
• Liaise with clients and internal stakeholders to facilitate onboarding.

Skills

Customer Due Diligence (CDD)

Enhanced Due Diligence (EDD)

Communication skills

Interpersonal skills

Microsoft Office

Education

Diploma/Degree in Business, Finance, Law, or a related field

Tools

Banking onboarding systems

Job description

Job Description

• Execute the complete corporate client account opening process as per the Bank's established standard operating procedures (SOPs).
• Conduct thorough Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for new and existing corporate clients, including the verification of Ultimate Beneficial Owners (UBOs).
• Scrutinize corporate documents (e.g., Certificate of Incorporation, Constitution, Business Profiles) to verify the legitimacy and legal structure of entities.
• Perform name screening and sanctions checks using approved systems and elevate potential hits for further review.
• Prepare and review account opening forms and documentation packages, ensuring completeness, accuracy, and proper authorizations.
• Liaise directly with clients, relationship managers, and internal stakeholders (Compliance, Legal, Operations) to facilitate a smooth and timely onboarding experience.
• Stay abreast of changes in internal policies and external regulatory requirements related to client onboarding and KYC/AML.

Job Requirements

• Minimum Diploma/Degree in Business, Finance, Law, or a related field.
• Minimum of 1 year of relevant experience in corporate client onboarding, KYC/AML, or operations within a corporate banking environment.
• In-depth knowledge of MAS AML/CFT regulations and requirements is essential.
• Familiarity with corporate structures, legal documents, and various business types. Good communication and interpersonal skills to effectively interact with clients and internal teams.
• Proficient in MS Office applications. Experience with banking onboarding systems is an advantage.
• Ability to work independently, manage multiple tasks, and meet deadlines in a fast-paced environment.
• A team player with a strong sense of integrity and professionalism.