Client Onboarding, Private Wealth

RECRUIT EXPRESS PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services firm in Singapore is seeking a detail-oriented compliance officer to support the onboarding process for new clients. This role requires reviewing documentation for compliance with MAS regulations and internal policies. Responsibilities include liaising with Relationship Managers, ensuring proper risk classification, and maintaining audit-ready documentation. Ideal candidates will have a strong understanding of KYC requirements and a commitment to compliance excellence.

Responsibilities

• Support the onboarding of new clients by ensuring compliance with regulations.
• Review onboarding documentation for completeness and accuracy.
• Identify deficiencies or red flags in client information.
• Liaise with Relationship Managers to clarify submissions.
• Provide KYC guidance to Relationship Managers.
• Ensure proper risk classification based on client profiles.
• Coordinate with Financial Crime Compliance for additional reviews.
• Monitor onboarding turnaround time and SLA compliance.
• Support internal projects related to onboarding enhancements.
• Maintain documentation for audit readiness.

Job description

• Attached to Private Wealth Business Compliance & Governance Department
• This position sits within the Private Wealth BCCO unit and is responsible for supporting the front office in ensuring timely and compliant onboarding of new clients.
• Review and assess onboarding documentation to ensure completeness, accuracy, and compliance with MAS regulations and internal policy standards.
• Identify and elevate any deficiencies or red flags in client KYC, source of wealth (SoW), and background information.
• Liaise with Relationship Managers (RMs) to clarify submissions and obtain supporting documentation where required.
• Provide guidance to RMs on KYC requirements and support them in meeting submission standards.
• Ensure proper risk classification based on client profile, SoW, and overall risk factors.
• Coordinate with Financial Crime Compliance (FCC) and other control functions where escalation or additional review is necessary.
• Monitor onboarding turnaround time and ensure cases are processed within SLA.
• Support internal projects and initiatives related to onboarding process enhancements, checklist updates, and policy changes.
• Ensure proper documentation and record-keeping to support audit readiness and regulatory inspections.

Joy Yeow Zhi Qian
(CEI Registration No: R2096261)
Recruit Express Pte Ltd (EA Licence No: 99C4599)