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

PERSOL; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading firm in financial services in Singapore is seeking an experienced professional to oversee client onboarding and regulatory compliance. The ideal candidate will have a Bachelor's degree and 5-8 years of experience in managing teams. Responsibilities include reviewing account opening documents, conducting Customer Due Diligence, and ensuring compliance with regulations. Join a team dedicated to integrity and teamwork, with opportunities for career advancement.

Qualifications

• 5-8 years of experience leading a team of 4-6 individuals.
• Strong understanding of MAS regulations for capital markets intermediaries.
• Familiarity with FATCA and CRS requirements.

Responsibilities

• Oversee day-to-day team operations and processes for client onboarding.
• Review account opening documents for compliance.
• Conduct periodic Customer Due Diligence (CDD) reviews.

Skills

Client onboarding

Regulatory compliance

Team leadership

Customer Due Diligence

Anti-Money Laundering (AML)

KYC procedures

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.

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

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