AM/M of client data management team
2 months ago
A Foreign Private Bank is seeking an AM/M of client data management team.
Your new company
A globally recognised private banking and asset management group, it combines traditional values with modern investment strategies. The organisation is known for its stability, long-term vision, and commitment to sustainable investing. It offers personalised wealth management services and has a strong presence in Europe, Asia, and the Middle East, catering to high-net worth individuals and families.
Your new role
- Perform maker and checker functions for all static data input related to new account establishment, new EAM/Finder relationships, and subsequent structural changes of existing account relationships, ensuring compliance with relevant legislation, regulations, and bank policies.
- Review account opening documentation and client static data updates throughout the client lifecycle.
- Maintain accurate records of document deficiencies and client static data in the core banking system for Frontline colleagues.
- Collaborate with Frontline, Business Management, and other relevant parties to resolve documentation issues and facilitate the client onboarding process.
- Provide guidance to Frontline colleagues on documentation requirements for new and existing clients.
- Analyze and update existing client data to identify and address data quality issues, taking corrective actions as necessary and engaging with key bank functions.
- Maintain static data in the client database (Avaloq) and documentation system as needed.
- Conduct independent call-backs in accordance with regulatory requirements.
- Approve client requests for various banking services handled by the team, ensuring follow-up actions and periodic control measures are in place.
- Verify the accuracy of management and regulatory reports before submission to the Head of Client Data Management.
- Train, guide, and coach junior team members and new recruits, reviewing their work for accuracy and contributing to team efficiency optimisation.
- Provide regular progress reports to the Head of Client Data Management, ensuring that progress aligns with plans.
- Build strong working relationships with subject-matter experts to implement best practice processes and take ownership of client data quality improvements and remediation efforts.
- Participate in ad-hoc tasks, projects, system enhancement UAT, and remediation exercises as assigned by the Head of Client Data Management or Head of Business Services.
What you'll need to succeed
- University degree holder
- Slide experience in handling account opening documentation review & data maintenance management in of the private banking sector
- Well-versed with HKMA's AML requirements & Risk Assessments
- Experience with Avaloq is an advantage.
- Good knowledge of various corporate structures, especially for trust & foundation in different jurisdictions
- Mature, self-starters with good interpersonal skills, can work independently & are willing to work overtime when required.
- Good command of written & spoken Cantonese, English & Mandarin
- Proficient in Microsoft Word/Excel
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or contact me via email: javis.cheung@hays.com.hk, phone:2230 7455
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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