22 May 2024

Onboarding & Periodic Review Executive

Ref 36808

Do you have a minimum of 2 years experience working within a periodic review and/or onboarding team, working in the financial services sector? Do you have an in-depth knowledge of regulatory CDD requirements, including corporate entities and trusts? If so, you could be perfect to fill this Onboarding & Periodic Review Executive role!

Key responsibilities:

  • Contacting Front Office teams and Compliance to facilitate the onboarding and ongoing review of all clients. 
  • Reviewing all client documentation including legal documentation, source of wealth evidence, and client due diligence.
  • Preparing client profiles and summaries of sources of wealth.
  • Setting up the client's account in the banking system once it is approved by the Business Acceptance Committee
  • Risk assessment of client relationships to determine whether the risk rating should be changed
  • Ensuring that clear and complete records are maintained to document the review process
  • Raising any concerns or issues to senior team members or the Money Laundering Reporting Officer

The successful candidate is expected to demonstrate good communication skills as they will need to clearly explain onboarding and remediation requirements to Front Office client teams. You will also need to show an ability to be pragmatic and proactive when presented with a problem or error that requires “out of the box” thinking. Email us today for more details - team@situations.gg

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