Corporate Client Onboarding Specialist

Bank of China Limited Singapore Branch; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A renowned banking institution in Singapore seeks a skilled individual for corporate client onboarding. The role entails executing account opening processes, conducting due diligence, and liaising with clients and internal teams to ensure compliance with regulatory requirements. Candidates should possess at least a diploma, relevant experience, and excellent communication skills.

Qualifications

• Minimum of 1 year of relevant experience in corporate client onboarding, KYC/AML, or operations.
• In-depth knowledge of MAS AML/CFT regulations.
• Familiarity with corporate structures and legal documents.

Responsibilities

• Execute the complete corporate client account opening process according to SOPs.
• Conduct thorough Customer Due Diligence for new and existing corporate clients.
• Liaise directly with clients and internal stakeholders for smooth onboarding.

Skills

Customer Due Diligence (CDD)

Enhanced Due Diligence (EDD)

MS Office proficiency

Communication skills

Interpersonal skills

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.