Associate Director/ Manager, Client Due Diligence

Job Summary

You will be part of Wealth Management Asia Chief Operating Office. You will work with various stakeholders to support Wealth Management Business on client onboarding.

Job Description

What is the opportunity?

As the Associate Director/ Manager, Client Due Diligence Team, you will be part of Wealth Management Asia Chief Operating Office. You will work with various stakeholders to support Wealth Management Business on client onboarding.

What will you do?

• Support Wealth Management Business on client onboarding
• Liaise with front office and AMLC to review and onboard new accounts, and act as intermediary between front Office and other support functions on any issues that has been escalated for urgent resolutions
• Review client/prospect background and profile and completeness of account documents including the documentation requirements for different types of entities structures
• Assess plausibility of source of wealth corroboration
• Advise front office on alternative solution that meets internal policy and regulatory requirements
• Conduct checks on various KYC search engines, review the results and escalate where necessary.
Participate in projects such as system UAT and
• up on system enhancement/implementation
• Assist in other ad-hoc projects and assigned duties, as well as audit
• Maintain the department procedure and policy manuals

What do you need to succeed?

Must-have

• University degree holder in Finance, Business or related discipline
• At least 5 years experience in wealth management, preferably with experience in middle office
• Have experience in reviewing and approving all risk accounts including high risk accounts
• Strong presentation, communication and interpersonal skills
• Ability to provide client focus solutions which complies with internal policies and regulatory requirements
• Committed, responsible and able to work under pressure in a dynamic and fast paced environment
• Strong analytical skills and attention to details
• Good spoken and written English
• Able to read Simplified and Traditional Chinese
• Proficient in Microsoft Word, Excel and Power Point

Nice-to-have

• Knowledge and proficient in Avaloq

What's in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team

Agency Notice

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills
Bank Accounts, Communication, Decision Making, Detail-Oriented, Due Diligence, People Management, Taking Ownership, Wealth Management

Additional Job Details

Address:

979 King's Road:Hong Kong

City:

Hong Kong

Country:

Hong Kong

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-08-08

Application Deadline:

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Job ID R-0000096132