Our client is an established and highly successful private banking and wealth management group with a well-managed and growing business. They have a solid reputation in the market and have built an excellent high-performing business with a solid network of clients. They are now looking to recruit for a Client Documentation Specialist to be responsible for client onboarding, documentation, regulatory requirements, and reporting ensuring full compliance with risk and regulatory obligations throughout the onboarding process
Skills and Experience Required:
*Experience of KYC and AML requirements
*Knowledge of Corporate, Trust, and Complex Structure documentation requirements
*Knowledge and understanding of FATCA and CRS rules and documentation
*Experience of Project Management
*Working knowledge of money laundering rules and regulations.
*Computer and PC literate, with knowledge of spreadsheet, database and word processing software (Microsoft Word & Excel).
*Precise, analytical and logical approach to tasks.
*Ability to deal with Relationship Managers and Internal Customers at all levels.
*Good verbal & written communication skills.
Responsibilities / Tasks:
*Input & validation of client data into bank systems
*Processing & validation of new and existing account applications, both electronically and manually
*Understanding of tax matters particularly FATCA and CRS classifications
*Updating of existing client accounts in the database.
*Responding in a timely and accurate manner to Relationship Manager queries
*Preparing various statistics for Management.
*Completion of work allocations in an accurate and timely manner, complying with all department service level agreements
*Responsible for client onboarding, documentation, regulatory requirements, and reporting ensuring full compliance with risk and regulatory obligations throughout the onboarding process
*To provide an efficient and accurate administration service to External and Internal Clients alike as defined below:
Business development:
*Assist with projects where required by participating at meetings and contributing to business requirements
*Support onboarding manager with ad hoc requests
*Ensure accuracy and consistency of MI produced
Operational Risk & Regulatory responsibilities:
*Raise awareness to onboarding manager to any potential financial or technical operational risk issues, and to any other potential failure of critical factors impacting the Lifecycle team, or you are aware of.
*Alert the relevant functions of any unusual events detected during business activities.
*Responsibility for managing, controlling, and escalating risk within dedicated scope.
*Comply with all regulatory requirements from all regulatory bodies that are applicable
Cooperation with other departments:
*Develop and maintain strong working relationships at all levels of the organisation
*Establish proactive partnerships with other key stakeholders, including, but not exclusively Risk, Compliance, Front Office and IT
*Where required support business activities within the Client Documentation department, moving across to support the lifecycle activities as and when needed or at manager’s discretion
The job description is not exhaustive and may include other duties as assigned from time to time by management.