Team Lead Account Management (Financial Services/ Up to $8k) (ID: 686684)

PERSOL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading firm in financial services in Singapore seeks a professional to manage client onboarding and ensure regulatory compliance. The ideal candidate will have strong leadership skills with 5-8 years of experience, along with a Bachelor's degree in Banking, Finance, or Business Management. This role promises a dynamic work environment focused on integrity and teamwork.

Qualifications

• 5-8 years of experience leading a team of 4-6 in client onboarding.
• Strong understanding of MAS regulations.
• Familiarity with FATCA and CRS.

Responsibilities

• Oversee team operations related to client onboarding.
• Review account opening documents for clients.
• Conduct Customer Due Diligence reviews.
• Maintain client account accuracy.
• Support FATCA and CRS reporting.

Skills

Team leadership

Client onboarding

Regulatory compliance

Customer Due Diligence

Anti-Money Laundering knowledge

Education

Bachelor’s degree in Banking, Finance, or Business Management

Job description

Brief Summary

Join a leading firm in the financial services sector known for its commitment to excellence and innovation. This organization values integrity and teamwork, making it an ideal environment for professionals seeking to advance their careers in client onboarding and regulatory compliance.

Responsibilities

• Oversee day-to-day team operations and processes related to client onboarding.
• Review account opening documents for both individual and entity clients participating in Futures, Options, and Security products.
• Conduct periodic Customer Due Diligence (CDD) reviews, including enhanced due diligence, ensuring compliance with regulatory standards.
• Perform essential screenings such as Sanctions, Politically Exposed Persons (PEP), and Adverse Media/Negative News checks.
• Maintain accuracy in client accounts by promptly updating any requested changes.
• Collaborate with the Front Office to identify and address gaps in CDD documentation requirements.
• Support the maintenance of databases for annual Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) reporting.
• Continuously assess and enhance the onboarding workflow and update the Policy & Procedure Manuals (PPM) as needed.
• Manage external and internal inspections and audits.
• Oversee client data management efforts.
• Participate in system-related and automation projects as part of the Account Management team.
• Undertake any ad-hoc tasks assigned by the Head of Department (HOD).

Requirements

• Bachelor’s degree in Banking, Finance, or Business Management.
• 5-8 years of experience leading a team of 4-6 individuals in client onboarding.
• Strong understanding of the Monetary Authority of Singapore (MAS) Notice SFA04-N02 on Prevention of Money Laundering and Countering the Financing of Terrorism for Capital Markets Intermediaries.
• Familiarity with FATCA and CRS requirements.
• Knowledge of Anti-Money Laundering (AML), Know Your Customer (KYC), and Customer Due Diligence (CDD) procedures.

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

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