Assistant Relationship Manager, Cash Management

Job DescriptionReview and Process Documents for Account OpeningEvaluate and approve necessary documentation for the creation of new accountsEnsure all documentation meets internal and external regulatory standardsPerform Account Maintenance ActivitiesClient Communication: Engage with clients to address their queries and needsSuitability: Ensure investment products and services align with the client’s profile and objectivesTax Forms Processing: Manage and process necessary tax documentation for clientsVerification of Client DataKYC (Know Your Customer): Conduct thorough KYC checks to confirm client identity and legitimacyCustomer Due Diligence (CDD): Perform standard due diligence to assess potential risks associated with clientsEnhanced Due Diligence (EDD): Conduct in-depth analysis for higher-risk clients to ensure compliance with regulatory standardsPerform Adverse News SearchInvestigate and assess any negative information about clients through media and other sourcesAnalyse findings and determine any necessary actions or escalationsLiaison with Customers and Relationship ManagersCommunicate and coordinate with clients for document submissionsSupport both local and overseas Relationship Managers to facilitate smooth client interactions and documentation processesClient File ManagementEnsure all client files are accurately stored, organised, and maintainedAdhere to data protection and confidentiality regulationsReport Preparation for ManagementCompile and prepare various reports for management reviewInclude monthly statistics, identify any irregularities, and provide insights or recommendationsParticipation in Regulatory and Process Improvement ProjectsEngage in projects related to regulatory changes, process improvements, remediation activities, and auditsEnsure compliance with new regulations and enhance operational efficiencyAd-hoc DutiesUndertake additional tasks as needed to support the team and business operationsJob RequirementMinimum 1 to 2 years of relevant work experienceDegree in any disciplineAwareness of Risk Controls and Regulatory RequirementsAbility to have good collaboration across departmentsMaintains a keen eye for detail, crucial for document review, data verification, and compliance tasks