Associate

Responsibilities:

• Responsible in managing, processing and reviewing the information and documents for client on-boarding or periodic review
• Work, coordinate and liaise across businesses and compliance units for timely completion of account onboarding and periodic review
• Follow thorough review with relevant parties eg external and internal stakeholders to facilitate the collection of KYC and relevant documents including tax information/documents and ensuring clients are onboarded or account information are refreshed/updated in accordance to the company’s AML/KYC standards
• Perform AML Risk Assessment on both account opening and periodic reviews of existing relationships. This includes reviewing the adequacy of SOW/SOF corroboration and identifying any AML risk
• Adhering to Company’s Standard Operating Procedures and keep abreast of changes to any regulatory requirements on AML/CFT and identify risk mitigates
• Ensuring established policies, procedures and processes are compliant with new requirements/changes and consistency of workflows amongst team members
• Other ad-hoc duties and task assigned

Requirements:

• Diploma/Degree with at least 2 year of working experience preferably from financial institution sectors with experience in Clients onboarding
• Knowledge on regulatory requirements/guidelines and corroboration of SOW/SOF for high networth clients is preferred
• Must be comfortable with high volume of documentation and paperwork
• Accuracy, meticulous, attention to detail and able to multitask and complete tasks under tight deadline
• Able to work extended hours when required