Officer, Periodic Review

Officer, Periodic Review

**Job Summary**

**What is the opportunity?**

Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their 'centres of excellence' and to implement/leverage standardised processes globally.

**Working hours : 9.00am - 6.00pm**

**Region : SG and HK**

**Working Arrangement : Hybrid**

**Travelling Allowance Provided**

**What will you do?**
- Perform name screening and disposition in collaboration with front office
- Coordinate the ongoing periodic review program by reviewing documentations submitted by the Front Office.Review accounts for deficiencies and pass a list of requirements to the Front Office. Ensure that the internal policies and guidelines are met before sign-off.
- Review client's accounts for background including source of wealth and corroboration as and when required.
- Assess the AML risk rating for each account, including but not limited to reviewing results on KYC search engines and escalate to AML Compliance when necessary for additional review, advice and approval.
- Maintain consistency with global policy and regulatory standards and actively address control aspects to ensure good business management is in place
- Report to the management on the status of Periodic review, highlight outstanding and significant risk items, and monitor outstanding items
- Assist in compliance or audit reviews, ad-hoc projects and control related matters.

**What do you need to succeed?**

Must-have
- Minimum 2 years of working experience in a Financial Institution, preferably Private Bank.
- Experience in reviewing account documentation
- Experience in client profile review and source of wealth corroboration
- Some experience in AML compliance is an advantage
- **Good spoken and written English and Mandarin**:

- Committed and responsible with a drive to ensure accuracy and completeness

Nice-to-have
- Familiarity with Avaloq system.
- Good spoken Cantonese will be an advantage

**What's in it for you?**

Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our Client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- A world-class training program in financial services
- A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

**Job Skills**

Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management

**Additional Job Details**

**Address**:
PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA

**City**:
Putrajaya

**Country**:
Malaysia

**Work hours/week**:
40

**Employment Type**:
Full time

**Platform**:
WEALTH MANAGEMENT

**Job Type**:
Regular

**Pay Type**:
**Posted Date**:
2024-10-28

**Application Deadline**:
2024-12-31

**I** **nclusion** and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

**Join our Talent Community**

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Job ID R-0000096405