Senior Onboarding Officer

JOB OVERVIEW
Business Segment: Archived_01_Personal and Private Banking
Location: JE, St Helier, Saint-Helier, La Motte Street
Job Type: Full-time
Job ID: 60052119_80397584
Date Posted: 5/24/2023

JOB DESCRIPTION

To monitor and review all new personal account applications from the various distribution channels within Standard Bank Offshore (SBO), providing assistance with training/support/checking of new starters applications and sign off of ‘Standard & Medium Risk’ rated accounts ensuring that these are in line with regulatory, internal and group requirements, contributing to a positive overall client experience.

QUALIFICATIONS

Desired Experience:
1-2 years in a similar On-Boarding environment
Experience of client risks essential
Strong understanding of KYC/AML/CDD
ADDITIONAL INFORMATION

Outputs:
Conduct Onboarding review of all new personal account applications from the various distribution channels within SBO ensuring that new accounts are reviewed within pre-agreed time scales.
Review files and information on potential new clients of all risk ratings, identifying deficiencies and following up on all queries to resolution and ensure that new business reviews are conducted in line with the “Client Take on and Maintenance Manual” updated from time to time by Compliance.
Validate source of funds/wealth in line with Compliance guidelines and ensure that relevant business/compliance approval is obtained prior to account opening.
Undertake relevant searches mainly via the internet and Accuity/Finscan to highlight adverse media, PEP connections, sanctions considerations and corroborate activities / SOW.
Conduct training/checking of all new starters personal account applications from the various distribution channels within SBO, including assessing and allocating new business and team tasks daily to trainees and acting as point of contact for the team/trainee for Technical On-Boarding guidance.

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za