At a Glance
- Tasks: Guide clients through onboarding, ensuring compliance and smooth account opening.
- Company: Dynamic financial services firm in Alexandra, Singapore.
- Benefits: Competitive salary, professional growth, and a collaborative work environment.
- Other info: Opportunity to enhance processes and make a real impact in the financial sector.
- Why this job: Join a team that values compliance and client relationships in a fast-paced setting.
- Qualifications: Bachelor’s degree and 7-10 years in KYC/AML with strong analytical skills.
The predicted salary is between 80000 - 100000 € per year.
Job Responsibilities
- Facilitate the end-to-end client onboarding process, from prospect onboarding advisory to account opening.
- Assess client/case profile and guide Front Office to obtain the required corroboration and information.
- Partner with Relationship Managers (RM) in KYC write-up, identify areas of clarifications, and ensure adequate follow-up with clients and closure prior to KYC submission.
- Conduct joint discussions with Front Office and KYC team to facilitate case decisions.
- Perform risk assessments.
- Assist in documentation-related reworks to facilitate the account opening process.
- Assist in periodic reviews of client accounts to maintain ongoing compliance.
- Keep updated on KYC/AML regulations and ensure adherence to local and international laws.
- Share best KYC practices through huddles with various market regions and teams to improve quality.
- Improve collaboration between units to facilitate the account opening process.
- Liaise with Front Office, compliance teams, and other stakeholders to resolve gaps or discrepancies.
- Provide advice and guidance to internal teams on regulatory requirements and best practices.
- Analyze data to track progress and efficiency of onboarding progress, risk trends, and KYC issues.
- Identify inefficiencies in the onboarding process and propose enhancements if any.
Education and Experience
- Bachelor’s degree in Finance, Business, Law, or a related field.
- At least 7-10 years of experience in KYC, AML, and/or client onboarding in private banking or financial services.
- Strong knowledge of regulatory frameworks such as FATCA, CRS, MAS guidelines.
- Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.
- Detail-oriented with excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills to collaborate effectively with Front Office and diverse stakeholders.
- Familiarity with KYC software, databases, and banking systems.
- Proficient in Excel and Tableau preferred.
Attorney in Alexandra, Singapore (General) employer: LawCrossing
As an esteemed employer in the heart of Alexandra, Singapore, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. With a strong focus on professional development, we offer extensive training opportunities and support for certifications, ensuring our team members are well-equipped to excel in their roles. Join us to be part of a dynamic environment where your contributions are valued, and you can make a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Attorney in Alexandra, Singapore (General)
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and financial sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your responses to show how your experience in KYC and AML aligns with their needs. Practice common interview questions so you can confidently showcase your skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Attorney in Alexandra, Singapore (General)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your KYC and AML expertise, as well as any relevant certifications. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since the role involves risk assessments and data analysis, be sure to mention specific examples of how you've used these skills in past roles. We’re looking for detail-oriented candidates who can think critically!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates from us!
How to prepare for a job interview at LawCrossing
✨Know Your KYC Inside Out
Make sure you brush up on your knowledge of KYC and AML regulations. Familiarise yourself with the latest guidelines, especially those relevant to Singapore. Being able to discuss these confidently will show that you're serious about compliance and understand the industry's nuances.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you've successfully identified inefficiencies in onboarding processes or conducted risk assessments. Use specific metrics or outcomes to illustrate your analytical prowess. This will demonstrate your problem-solving skills and how you can add value to their team.
✨Communicate Effectively
Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly and concisely. Think about how you can convey complex information simply, as this will be crucial when collaborating with Front Office and compliance teams.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your decision-making skills in real-world situations. Prepare by thinking through potential challenges you might face in the onboarding process and how you would address them. This will help you demonstrate your practical knowledge and readiness for the role.
