Client Documentation (KYC / Account Opening) Specialist, Private Bank recruitment
JPMorgan Chase Co. is a leading global financial services firm with assets of more than $2 trillion, over 200,000 employees and operations in over 60 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. Under the J.P.Morgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. It operates across six business segments including Investment Banking, Commercial Banking, Treasury Securities Services, Asset Management, Retail Financial Services and Card Services.
The Private Bank at JPMorgan is a global wealth management leader that delivers personalized financial solutions that integrate investment management, capital markets, trust and banking to ultra high net worth and high net worth individuals and families in 36 countries around the world.
Our Hong Kong office is looking for a dynamic and process oriented professional to join our Private Bank Account Control Team (ACT), the team opens and manages J.P.Morgan Private Banking client accounts.
The focus of the role is on documentation review due to the team's vast responsibility to ensure appropriate internal and regulatory documentation, in summary, major job responsibilities are:-
- Manage the entire account opening cycle from beginning to the end
- Provide independent checks and spot controls in all aspects of private bank operations especially in areas if accounts opening, review relevant documents according to bank's policy ensuring it meets regulatory requirements (such as KYC, AML, HKMA guidelines, Terms Conditions etc)
- Review client instructions and supporting documents for account maintenance purposes
- Liaise and coordinate relevant teams (such as bankers, compliance etc) for documentation requirements where necessary with good follow-up
- Respond to account opening and maintenance enquiries
- Verify and process closure of client's accounts
- Work as a project coordinator / project assistant for related projects, such as maintaining and reviewing workflow procedures
- Designing/enhancing forms to facilitate instruction for action
- Coordinate and raise enhancements for IT's enhancement, conduct UAT testing when required
- Perform control activities on the accounts to ensure system records are in good order
- Preparation of management reports
Skills
- Degree holder or above, minimum 5 years solid bank account opening, client onboarding and client data management experiences, ideally from Private Banking
- Investment Banking or Asset Management account opening experiences with work experiences in checking account opening and subsequent mandate documentation, particularly for BVIs and nominee company set-ups will be considered
- Knowledge of local regulatory and KYC compliance is a must with good awareness of standard bank controls and operations risks
- Good project management skills with solid project participation and coordination experiences
- Proficiency in MS office applications (Word, Excel, Access with be an advantage)
- Strong interpersonal, communication and written skills, excellent proficient with written Chinese and English is a must
- Meticulous who is detail oriented, an excellent problem solver with strong ability to multi-task
- Able to work independently and in a team environment, can perform under a fast-paced work environment and willing to overtime