Strategic Onboarding Leader
2 days ago
**About Larson Maddox**
Larson Maddox is a leading Private Bank seeking an experienced professional to join the Onboarding team.
The successful candidate will be responsible for conducting comprehensive due diligence on high-net-worth clients, ensuring compliance with all relevant regulations and internal policies. They will work closely with the business to streamline the onboarding process and maintain ongoing monitoring of client relationships.
Key Responsibilities- New Account Management
- Manage the new account opening process, ensuring robustness, clear progress tracking, reporting, and backlog management.
- KYC Policy Updates
- Conduct KYC policy & procedure updates to ensure alignment with regulatory expectations and industry practices.
- Review and Approval
- Assist in reviewing KYC (Know Your Customer) and AML (Anti-Money Laundering) documentation to approve new accounts.
- Reporting and Stakeholder Management
- Report on review progress, key risk indicators, and prepare management information.
- Advise stakeholders on CDD (Customer Due Diligence) and KYC matters.
- Client Screening and Compliance
- Perform screening on clients against screening systems, PEPs, and various blacklists.
- Participate in compliance-related projects, such as system UAT.
- Collaboration and Support
- Collaborate with AML and General Compliance teams to enable a holistic view of client profiles and behaviors.
- Provide backup support for other compliance team members.
- Issue Escalation and Remediation
- Evaluate issues, gaps, potential gaps, and backlogs and proactively suggest remediation.
- A minimum of 7 years of experience in KYC Onboarding in the banking industry.
- Strong understanding of KYC, CDD, and AML regulations in Hong Kong.
- Excellent analytical and problem-solving skills.
- Effective communication and stakeholder management skills.
- Ability to work independently and as part of a team.
- Fluency in English and Chinese (Cantonese and/or Mandarin) is preferred.
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