Onboarding Analyst

Responsibilities: • Work with the team on the following day-to-day processes and routine work: • Review account opening documents of both individual and entity for trading in Futures & Options and Security products. • Conduct periodic Customer Due Diligence (CDD) reviews of existing clients, perform enhanced due diligence, and ensure overall compliance with procedural standards. • Perform necessary screenings – Sanctions, PEP and Adverse Media/ Negative News screening. • Perform account maintenance by ensuring any update of particulars request are promptly updated. • Advise and coordinate with Front Office on the CDD requirements by identifying gaps in the CDD documentation. • Assist in maintenance of database for annual Foreign Account Tax Compliance Act (FATCA) reporting and Common Reporting Standards (CRS) reporting. • Continuously review and improve the onboarding workflow and process as well as update the Policy &Procedure Manuals (PPM) accordingly. • Handle external and internal inspections and audits. • Client data management. • Involve in Account Management team’s system-related and automation projects. • Any other ad hoc tasks as assigned. Requirements: • Bachelor’s degree in Banking/Finance/Business Management • Min 1 year of experience in Client Onboarding • Have solid understanding of requirements under MAS Notice SFA04-N02 – Prevention of Money Laundering and Countering the Financing of Terrorism - Capital Markets Intermediaries. • Familiar with FATCA/CRS requirements • Understanding of requirements under MAS Notice on AML/KYC/CDD • Team Player