Account & Loan Operations Senior Officer (Contract)

at  HRPRO RECRUITMENT SERVICES PTE LTD

REQUIREMENTS:

• Minimum “A” levels or Diploma holder.
• 2-3 years banking experience with knowledge in account opening and KYC procedure is preferred.
• Basic knowledge in account operations and KYC procedures.
• Basic knowledge in Private Banking credit lending
• Familiar with Private Banking anti-money laundering and know-your-client requirements
• In-depth knowledge on client management, operation support and process improvement

• Perform fixed deposit maintenance (placement and released), current account maintenance, account opening, deposit-related transactions, investment transactions, credit documentation vetting, original document safekeeping, audit confirmations and other related account servicing and maintenance functions for Private Banking Singapore booking centre.
• Contribute to continuous improvements in procedures and organization so as to streamline sales & operational workflows/processes.
• Manage the daily routine operations in an efficient manner, while delivering good quality services to internal and external customers (including but no limit to account opening process, new account set-up, provide general banking services including FX executions, deals executions, complete client’s banking instructions, account maintenance, day-end order reconciliation, credit documents vetting, safekeeping of original documents and audit confirmation etc.)
• Ensure that operational processes while collaborating with front office in HK and SG, and other business units are in full compliance with the Bank’s policy and regulatory requirements.
• Set-up of new accounts in the system and custody of the account-opening file for regular post-acceptance review upon account approval by PB management.
• Check and prepare for next-level authorization relating to fixed deposits placement and maintenance.
• Check and prepare for next-level authorization of account operation-related transactions in accordance to internal procedures and external regulatory guidelines.
• Work with Head Office to ensure daily transactions are duly processed and approved.
• Work with Head Office on cross border collaboration and new processes.
• Perform User Acceptance Testing, systems enhancement & any other tasks may be assigned from time to time.Support frontline and adhere to anti-money laundering / counter terrorist financing requirement and sanction risks controls in accordance with regulatory standards and CNCBI policies.