A highly regarded and prestigious Private Bank based in London
The Client Onboarding Specialist will work to assist in new account openings, ensuring that account opening documents and client KYC & AML due diligence meets UK and local Booking Centre requirements in preparation for review submission.
The Client Onboarding Support Specialist will collaborate closely with Front Office Private Client facing teams (Relationship Managers, Assistant Relationship Managers) and will also liaise with clients directly ensuring excellent client experience in the onboarding process.
The Client Onboarding Specialist will be the primary point of contact for Private Client-facing teams (Relationship Managers and their teams) for KYC related questions or account openings of client relationships
Creation of client onboarding files ensuring completeness, quality and plausibility of documented Financial Crime and Suitability related information.
The Client Onboarding Specialist will evaluate complex structures (Trust, Foundation and Domiciliary company accounts) ensuring account opening is in line with the legal form and regulations
The Client Onboarding Specialist will undertake additional clarifications (with client facing teams or Compliance) and assist in the escalation of identified elevated AML risks, potential suspicion of money laundering, or unsuitable advice
1-5 years of professional Client Onboarding experience within Wealth Management, Investment Management, Private Banking.
Client onboarding experience must be from a private client background, onboarding HNW individuals and the documentation relating to this.
Level 4 Wealth Management or Compliance & Compliance Risk qualification (or equivalent) – preferred if possible
Solid understanding of Financial Crime and Suitability related topics
Ability to work independently as well as with a team
Sound judgment and discretion
Attention to detail and strong follow-up skills