Account Opening & Client On boarding, Associate - Regional Private Bank

Responsibilities

• Process private banking clients account opening & handle client on boarding operation
• Ensure compliance & operation standard have been fulfilled through the process of Customer Due Diligence (CDD)/Enhanced Client Due Diligence (EDD)
• Review accomplished Account Opening Form (AOF) and other required supporting documents.
• Conduct new account opening for document completeness, proper CDD/EDD and AML checks
• Inform Compliance Officer if there are any negative data found.
• Prepare report to relevant departments & HQ in order to seek account approval for high risk account
• Maintain the latest client static data on system/database.
• Ensure all documents are properly filed and managed for future reference.
• Prepare client notification letters for new accounts, no trade and account closure.
• Conduct the necessary on-boarding procedures similar to client account opening for any request of account changes e.g. add/delete account names, change/update correspondence address and change in nominated settlement account.
• Monitor and follow up with HQ, clients, Banker and Relationship Management (RM) for accounts with outstanding document deficiencies.
• Handle client account closure.
• Conduct periodic client accounts review according to procedures.
• Handle ad-hoc requests from internal or external clients.
• Escalate appropriately and timely for any exceptions.
• Prepare management reports, client and regulatory reports by reporting deadline.
• Participate projects as assigned by Management.

Requirements

• Degree or above
• 2 years of account opening, account operation & KYC experience with bank or non-bank financial institution
• Good database management experience
• Good communication skills in working with other departments & teams
• Proficient in computer skills with good knowledge in MS Word, Excel and Power Point

To apply online please click the 'Apply' button or send your profile to u>alex.cheung@ignite-recruitment.com</u . For a confidential discussion about this role & other openings please contact Alex CHEUNG at +852 2121 1418 .