Onboarding Associate (Financial Industry/Account Opening, up to $5.5k) (ID:679331)

PERSOLKELLY SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in Singapore is looking for a compliance officer to manage Customer Due Diligence (CDD) processes and ensure adherence to regulatory standards. The candidate will be responsible for reviewing documentation, advising on compliance issues, and assisting in various account management tasks. This role requires a degree in Banking, Finance, or Business Management, along with relevant certifications and experience in CDD/AML.

Qualifications

• 2+ years of experience in Corporate CDD/AML.
• Experience in Securities/Private Banking preferred.
• Ability to work independently under pressure.

Responsibilities

• Conduct CDD reviews and ensure compliance with standards.
• Coordinate with front office on CDD documentation needs.
• Maintain databases for FATCA and CRS reporting.

Skills

Customer Due Diligence

Compliance

Analytical Skills

Project Management

Education

Bachelor’s degree in Banking/ Finance/ Business Management

Certification in ACAMS or ICA

Job description

Responsibilities:

• Review account opening for both individual and entity.
• Conduct periodic Customer Due Diligence (CDD) reviews of existing clients, perform Enhanced Customer Due Diligence (ECDD) and ensure overall compliance with procedural standards.
• Perform screenings, including Sanctions, Politically Exposed Person (PEP) and adverse media/ negative news screening.
• Perform background screening of counterparties and employees.
• Advise and coordinate with front office on the CDD requirements by identifying gaps in the CDD documentation.
• Assist in maintenance of database for annual Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) reporting.
• Perform continuous review and improvement of the onboarding workflow and process, as well as update the Policy & Procedure Manuals (PPM) accordingly.
• Responsible for Operations Account Management systems’ projects, enhancement and automation.
• Assist in retrieval of signature via shared drive and provide support to other teams regarding updates.
• Submit invoices.
• Prepare Letter of Offer and Closure letter.
• Perform static data maintenance, inclusive of

1. Product static data, FX rate and NAV maintenance
2. Mutual fund order coordination
3. Daily/ monthly statements process

• Any other ad-hoc duties assigned, including monthly/ quarterly reporting.

Requirements:

• Bachelor’s degree in Banking/ Finance/ Business Management as well as certification in ACAMS or ICA.
• Preferably 2 years of working experience in Securities/ Private Banking firms.
• Minimally 2 years of experience in Corporate CDD/AML, preferably with relevant experience in reviewing complex trust structure and complex fund investment.
• Able to work independently in a fast-paced and challenging environment, determine priorities and meet deadlines.
• Able to work under pressure.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

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