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Urgent! Business Management Job Opening In Singapore, Singapore – Now Hiring Bearing Search Pte. Ltd.

Business Management



Job description

Main Responsibilities

  • Assist Head of PB in providing general client servicing support to front office including new account opening/ account review, transactions documentation checking/filling, sales order checking, etc.

  • Develop AML control strategies to optimize account opening and underwriting opportunities to support business growth, while ensuring an appropriate balance between risk and return, including implementation of AML Policy and the relevant procedures and guideline.

  • Implement operational management and internal control in business unit.

  • Support management to formulate business plans and develop sales management reports and MIS to drive business growth.

  • Perform client due diligence on-boarding checks and review as defined by prevailing policies and guidelines which may also be regulatory, and liaise with Frontline, Compliance for smooth and timely account opening and review.

  • To clear system generated name screening alerts or perform manual screening.

  • Collaborate with front office and other stakeholders to supplement and improve relevant operating procedures to ensure full compliance with policies and regulatory.

  • Implement risk management control policies and procedures in related to AML/FT risk, compliance risk, operational risk and credit risk, on day-to-day business activities.

  • To perform management reporting and data analysis on key operational risk items.

  • Ensure adequate training is provided to the related staff within Private Banking Department so that they could perform their functions at a professional level, in term of practices, compliance and operational standard.

  • Ensure full compliance of operation manual, investment & insurance sales workflow, sales guideline to PB frontline.

  • Support the front office on general banking transactions / sales order, ensure client due diligence & client suitability checks are in order, and to ensure accuracy of capture to avoid incidents and dealing errors.

  • Provide regular quality checking and phone call monitoring.

  • Processing/fulfillment and follow up with back office to ensure timely and accurate order processing.

  • Conduct day-to-day monitoring on client's credit position and guide RMs to take appropriate action in case of any excess or warning signals.

  • Provide backup support to other team members.

Qualifications

  • Bachelor's degree in any Finance & Banking or equivalent fields.

Minimum 6 - 8 years of relevant experience in banking in compliance, risk and operation management.
- At least 5 years of hands-on experience in the AML field (client onboarding review (including documentation), ongoing periodic client review, transactions monitoring) in a Private Bank and must be familiar with the MAS 626 requirements or other international AML/CFT standards.


Required Skill Profession

Other General



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    Unlock Your Business Management Potential: Insight & Career Growth Guide


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