Purpose of the role:
You will be required to understand the client structures and types of account and to review client account opening documents to ensure conformity with Know-Your-Client and Anti-Money-Laundering standards. You will also be required to work with the front office and particularly with Compliance for any exception.
Responsibilities:
- Creating prospect clients and maintaining the database
- Collate and review on all new account documentation ensuring that you are fully and accurately completed and that all necessary documentation is provided. Liaise with the Investment Manager, Head of Investment Management Administration and third parties to ensure completion
- Carry out an initial risk assessment and due diligence using internal and external risk profiling tools and public source information
- Ensure all client documents are saved in the appropriate systems under the filing guidelines
- Liaise with Compliance for final sign-off on all new clients on the Jersey platform
- Record, maintain and liaise with third parties to ensure the completion of the list of the missing documents in respect of outstanding Client due diligence and original documents
- On-board client accounts in Figaro back office
- Daily audit check of static data and onboarding
- Assist with the checking of client onboarding
- Assist the Head of Investment Management administration and liaise with the Investment Manager in the Distribution of account opening packs to clients, intermediaries, including fiduciaries and Financial advisers
- Communicate to all new clients, intermediaries, including fiduciaries and Financial advisers, the opening of the account, IPS, mandate Smartwealth and payment or transfer details
- Create and maintain web access for all new and existing accounts
- Monitor the progress and timeliness of account opening and cash/asset transfers, reconciling to meet our client service standards and keep all relevant internal and external parties informed. Ensure all internal administrative checklists are completed
Skills required:
- Experience in a similar role
- Understanding of Anti Money laundering and Client due diligence
- Sound technical knowledge of current legislative, industry and products relevant to the industry
- Takes initiative for your own work, but also works well as part of a team
- Acts at all times in a professional manner
- Deals with all matters promptly, professionally and accurately without being reminded
- Conducts role in accordance with their procedures, within individual authorisation levels and in a compliant manner