Job Description
Review and Process Documents for Account Opening
- Evaluate and approve necessary documentation for the creation of new accounts
- Ensure all documentation meets internal and external regulatory standards
Perform Account Maintenance Activities
- Client Communication: Engage with clients to address their queries and needs
- Suitability: Ensure investment products and services align with the client's profile and objectives
- Tax Forms Processing: Manage and process necessary tax documentation for clients
Verification of Client Data
- KYC (Know Your Customer): Conduct thorough KYC checks to confirm client identity and legitimacy
- Customer Due Diligence (CDD): Perform standard due diligence to assess potential risks associated with clients
- Enhanced Due Diligence (EDD): Conduct in-depth analysis for higher-risk clients to ensure compliance with regulatory standards
Perform Adverse News Search
- Investigate and assess any negative information about clients through media and other sources
- Analyse findings and determine any necessary actions or escalations
Liaison with Customers and Relationship Managers
- Communicate and coordinate with clients for document submissions
- Support both local and overseas Relationship Managers to facilitate smooth client interactions and documentation processes
Client File Management
- Ensure all client files are accurately stored, organised, and maintained
- Adhere to data protection and confidentiality regulations
Report Preparation for Management
- Compile and prepare various reports for management review
- Include monthly statistics, identify any irregularities, and provide insights or recommendations
Participation in Regulatory and Process Improvement Projects
- Engage in projects related to regulatory changes, process improvements, remediation activities, and audits
- Ensure compliance with new regulations and enhance operational efficiency
Ad-hoc Duties
- Undertake additional tasks as needed to support the team and business operations
Job Requirement
- Minimum 1 to 2 years of relevant work experience
- Degree in any discipline
- Awareness of Risk Controls and Regulatory Requirements
- Ability to have good collaboration across departments
- Maintains a keen eye for detail, crucial for document review, data verification, and compliance tasks
