Job Summary
Job Description
What is the opportunity?
As the Associate Director/ Manager, Client Due Diligence Team, you will be part of Wealth Management Asia Chief Operating Office. You will work with various stakeholders to support Wealth Management Business on client onboarding.
What will you do?
- Support Wealth Management Business on client onboarding
- Liaise with front office and AMLC to review and onboard new accounts, and act as intermediary between front Office and other support functions on any issues that has been escalated for urgent resolutions
- Review client/prospect background and profile and completeness of account documents including the documentation requirements for different types of entities structures
- Assess plausibility of source of wealth corroboration
- Advise front office on alternative solution that meets internal policy and regulatory requirements
- Conduct checks on various KYC search engines, review the results and escalate where necessary.
- Participate in projects such as system UAT and follow up on system enhancement/implementation
- Assist in other ad-hoc projects and assigned duties, as well as audit
- Maintain the department procedure and policy manuals
What do you need to succeed?
Must-have
- University degree holder in Finance, Business or related discipline
- The role would typically require 5 years of experience in wealth management, preferably with experience in middle office
- Have experience in reviewing and approving all risk accounts including high risk accounts
- Strong presentation, communication and interpersonal skills
- Ability to provide client focus solutions which complies with internal policies and regulatory requirements
- Committed, responsible and able to work under pressure in a dynamic and fast paced environment
- Strong analytical skills and attention to details
- This role requires handling documents from Chinese clients, proficiency in Simplified and Traditional Chinese is essential
- Proficient in Microsoft Word, Excel and PowerPoint
Nice-to-have
- Knowledge and proficient in Avaloq
What’s in it for you?
We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible working options fully supported.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Bank Accounts, Communication, Decision Making, Detail-Oriented, Due Diligence, People Management, Taking Ownership, Wealth ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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