Head of Middle Office recruitment
Responsibilities
Responsible for assisting the relationship managers (RMs) fulfil their obligations pursuant to Singapore Branch’s “Know Your Customer” program. To do this, the Head of Middle Office will assist in defining and then implementing a process through which the RMs will:
• Create KYC files, in accordance with the bank’s policies and procedures.
• Review existing KYC customer files on periodic basis and update them, as necessary
The Head of Middle Office will supervise team members who will have direct responsibility for file review. All KYC files will undergo a quality control check by an independent unit in the bank. In addition to assisting the RMs to prepare and review KYC files, the Head of Middle Office will serve as the representative of the RMs for all matters related to the KYC program. The Head of Middle Office will be expected to offer substantive input into all relevant KYC process.
Requirements
- Bachelor’s Degree in Commerce/ Business Administration or equivalent
- At least 7 years of experience in a similar capacity from a financial institution with in-depth knowledge of the banking secrecy and AML requirements, preferably overseas branches of European banks.
- Familiar with KYC processes and checks.
- Ability to communicate in both written and spoken English effectively.
For a more detailed discussion, please send your updated CV to chienyeat.ow@lmarecruitment.com
NOTE: Only shortlisted candidates will be contacted.