Onboarding Specialist - Douglas, United States - Standard Bank of South Africa Limited

Description

Business Segment:
Personal & Private Banking

To act as the technical specialist providing advice and insights to both the Business and On-Boarding team to ensure accurate and efficient, risk focused processes are in place and followed for the take-on of new clients, striving to exceed all quality and service levels by effectively, monitoring and reviewing new business applications, with particular focus on the complex and higher risk cases, from various segments within the ICS business.

Qualifications
Qualifications

Type of Qualification:
Advanced Diploma

Field of Study:
Business Commerce

Type of Qualification:
Advanced Diploma

Field of Study:
Risk Management

Experience Required
3-4 years
Strong understanding of regulatory and banking risk environment, AML guidelines, and legal principles, and their application in practice.

5-7 years

Previous experience in a Compliance, Risk, Know Your Client (KYC) or a New Business role, with exposure to AML (Anti-Money Laundering) and CFT (Countering the Financing of terrorism) would be a distinct advantage.

General familiarity with the usual range of offshore financial services:
i.e. banking, investment management, trust and company administration, fund management. Familiarity with the relevant regulatory requirements in relation to personal, corporate, trust and fund clients.
Additional Information
Outputs

(A full Job Description can be provided upon request)
Act as the point of escalation to resolve queries/requests timeously and to ensure customer satisfaction.
Act as the subject matter expert of the end-to-end onboarding process.

Anticipate client needs in relation to training, platform demonstrations or onsite support and engage relevant internal teams to ensure clients' needs are met timeously.

Attendance at the Business Acceptance Forum (BAF) meetings (weekly); to peruse the Business & Client Risk Profiles and act as a representative of CTOT; to highlight any potential issues to the committee for consideration/red flags/indicators of higher risk.

Develop expertise and empower the Onboarding team's overall efficiency and ensure that team performance is maximised.

Please note:
All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on or

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