Officer, Periodic ReviewJob Summary Job Description What is the opportunity?
Our client is a specialist provider of asset services, custody, payments and treasury services.
Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization.
They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.
Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability.
The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their 'centres of excellence' and to implement/leverage standardised processes globally.
Working hours : - Region : SG and HK What will you do?
Coordinate the ongoing periodic review program by reviewing documentations submitted by the Front Office.
Review accounts for deficiencies and pass a list of requirements to the Front Office.
Ensure that the internal policies and guidelines are met before sign-off.
Review client's accounts for background including source of wealth and corroboration as and when required.
Assess the AML risk rating for each account, including but not limited to reviewing results on KYC search engines and escalate to AMLpliance when necessary for additional review, advice and approval.
Maintain consistency with global policy and regulatory standards and actively address control aspects to ensure good business management is in place Report to the management on the status of Periodic review, highlight outstanding and significant risk items, and monitor outstanding items Assist inpliance or audit reviews, ad-hoc projects and control related matters.
What do you need to succeed?
Must-have Minimum 2 years of working experience in a Financial Institution, preferably Private Bank.
Experience in reviewing account documentation Experience in client profile review and source of wealth corroboration Some experience in AMLpliance is an advantage Good spoken and written English and Mandarin Nice-to-have Familiarity with Avaloq system.
Good spoken Cantonese will be an advantage What's in it for you?
Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive andmunities prosper.
Our Client care about each other, reaching their potential, making a difference to theirmunities, and achieving success that is mutual.
Aprehensive Total Rewards Program including performance based bonuses, flexible benefits, andpetitivepensation Leaders who support your development through coaching and managing opportunities A world-class training program in financial services A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded Job Skills Anti-Money Laundering (AML),munication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management Additional Job Details Address: PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA City: Putrajaya Country: Malaysia Work hours/week: 40 Employment Type: Full time Platform: Wealth Management Job Type: Regular Pay Type: Salaried Posted Date: 2024-04-09 Application Deadline: 2024-07-11 I nclusion and Equal Opportunity Employment At RBC, we embrace diversity and inclusion for innovation and growth.
We aremitted to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.
We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients andmunities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities.
Please let us know if you need any amodations during the recruitment process.
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Find out how we use our passion and drive to enhance the well-being of our clients andmunities at Job ID R-0000084452
