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Manager, CDD Business Advisory and Support (CDD-BAS)

EMIRATES NBD BANK (P.J.S.C)D01 Cecil, Marina, People’s Park, Raffles Place, SG

8 days ago

Job description

Roles & Responsibilities

This role is suitable for individual who has proven hands-on experiences in doing KYC, Customer Due Diligence (CDD) & client onboarding in the Private Banking / Wealth Management space only.

The CDD Business Advisory and Support (CDD-BAS) unit operates as the 1.5 line of defense and functions as a bridge between Branch’s Business segments (1st line of defense) and Control / Support (2nd line of defense) units to support the Corporate & Institutional Banking (C&IB) and Wealth Management (WM) businesses on Client Due Diligence (CDD) related matters including :

Documentation preparation required for client onboarding and periodic reviews
Liaising with key stakeholders like Business, Compliance and Ops units to address any gaps in the CDD reviews
Monitoring of client accounts (including onboarding conditions, adverse news, documentation validity) and initiate trigger reviews
Conduct AML / CFT related in-house surveillance reviews along with Business and Compliance
Preparation of MIS (e.g. CDD statistics report) and respond to AML / CFT regulatory surveys
Initiation and implementation of process improvement and digital transformation projects to streamline current process for better efficiency.

Job Purpose

Manage day-to-day Wealth Management CDD onboarding process and timely periodic, event trigger & ad hoc reviews including reviewing client documentation and completeness of KYC package for submission to Customer Acceptance and Review Committee “CARC” / Business Head

Acting as the liaison officer between Front Office RMs / Wealth Advisors and other key stakeholders (e.g., Compliance, Ops, HO CDD teams) on WM CDD matters

Assist Head of Department to increase efficiency by identifying and improving cumbersome processes

Assist Head of Department to mentor and guide junior colleagues to carry out their duties competently

Assist Head of Department in implementation of new processes or initiatives triggered by regulatory developments / changes in the business models

Requirement

Bachelor’s degree is preferred.

Professional certifications in Compliance, AML such as CAMS.

Min 8 years of banking industry experience in Private Banking or Wealth Management KYC / CDD or client onboarding (Audit, Risk, AML may also be areas of experience).

In depth working knowledge of CDD / Compliance / AML procedures and standards in the Private Banking / Wealth Management space.

Proficient in MAS regulations and guidelines relating to Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT).

Strong analytical skills with high attention to detail and accuracy.

Strong time management, organizational, relationship building skills.

Strong verbal, written, presentation and communication skills.

Good leadership in providing advisory and guidance to junior team members.

Multi-tasking : Ability to handle multiple tasks on hand and complete them simultaneously.

Ability to understand issues raised by Front Office and resolve the situations.

Positive working attitude and analytical skills.

Good relationship management skills.

Self-motivated and resourceful.

Collaborative and Team player.

Adaptable to fast changing environment.

Note that salary commensurate with relevant experience.

Tell employers what skills you have

Digital Transformation

Wealth Management

Front Office

Relationship Management Skills

Due Diligence

Process Improvement

Anti Money Laundering

Know Your Client - KYC

Private Banking

AML

KYC

Audit

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Manager Manager Advisory • D01 Cecil, Marina, People’s Park, Raffles Place, SG