Client Onboarding Analyst - ICBC Standard Bank - eFinancialCareers : Job Details

Client On-boarding AnalystAbout the JobThe Client Onboarding and KYC teams have a mandate to proactively support the Front Office in relation to the onboarding of all prospective new clients, with specific responsibility for documenting clients in line with derivative regulation, as well as assisting in the Periodic Client Review space. Client Onboarding and KYC are also the first line of defence against Money Laundering and Bribery & Corruption risks and must act to protect the Bank at all times. Client On-boarding acts as a conduit between the Front Office, the Client and all onboarding areas (KYC, Compliance, Credit, Legal, Tax and Operations). What you'll be doingThe key objective of the Client On-boarding Team is to orchestrate the end-to-end onboarding of new relationships and new roles or products for existing relationships. The team ensures that on-boarding is as efficient as possible whilst adhering to anti-money laundering (AML) and regulatory requirements as well as managing the Bank's risk. As well as new business, the team also assists with the Periodic Review of our existing clients working closely with our KYC team. Key Responsibilities

• Successfully follow and ensure adherence to the relevant onboarding process, considering local requirements; products and regulatory classifications;
• Work closely with Front Office and the Client to facilitate on-boarding requests;
• Orchestrate the end to end on-boarding of a prospective client;
• Move the on-boarding request through the process as quickly and efficiently as possible

(i.e.)

• KYC/Legal/Credit);
• Effectively communicate the status of on-boarding to internal and external stakeholders;
• Manage individual book of work (new and existing account queue) ensuring escalation where relevant;
• Responsible for ensuring all relevant activities are completed in respect of the collation of all on-boarding due diligence and trading documentation for prospective and existing clients across international offices and product;
• Effectively follow up with clients (both internal / external) in a timely and professional manner;
• Continually look to identify issues / suggest process improvements and offer solutions to management re end to end operating model;
• Partake, as required by management, in any ad hoc projects;
• Work closely with Account Executives regarding ongoing prioritisation of prospective client pipeline and upcoming existing client reviews;
• Ensure all outstanding actions are tracked / closed out in a timely manner through frequent follow up with internal and external parties;
• Liaise with all stakeholders engaged in the end to end on-boarding process;
• Understanding and oversight of some key regulatory processes (where defined and agreed) including communication with clients, front office to collect documentation, updates of systems and workflow completion and prioritisation with BAU support teams;
• Assist in inward due diligence reviews that external counterparties and clients send to the team
• Contributes to the department's Continuous Improvement (CI) initiatives for simplification of processes impacting the team.

Primary areas of interaction:

• Clients
• Front Office
• KYC
• Compliance (Financial Crime Team)
• Legal
• Credit
• Tax
• KYC
• Operations

What you'll need to be successfulKnowledge, Technical Skills and Expertise:

• 1-2 years of relevant KYC experience
• Knowledge and Experience dealing with end to end client onboarding process (including KYC; Credit and Legal).
• Knowledge of KYC procedures and regulatory best practice (2007 Money Laundering Regulation and JMLSG Guidance).
• Knowledge of Regulatory Classifications (MiFID; Dodd Frank; EMIR and FATCA).
• Financial services background with significant experience of reviewing and documenting client relationships.
• Direct customer / client facing experience beneficial Strong communication skills (written / verbal).
• Ability to work independently and efficiently in a dynamic environment.
• Ability to effectively organise and work to tight deadlines, ensuring day-to-day objectives are met.

Why should you join us?ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York. We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity. We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination. What's in it for you?

• Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
• Hybrid working the option to work remotely up to two days per week, depending on the role.
• Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies.
• Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme.
• Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
• Development a suite of opportunities to build the skills you need to excel in your role

If you're excited about becoming part of our team, get in touch. We'd love to hear from you! ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier