Job Description
Role Responsibilities
Review accounts against all set internal standards for Client Due Diligence.
Check on the quality of the Static Information and Source of Wealth if it meets all set standards for Account Opening, Maintenance and Trigger review.
Review the other Due Diligence requirements such as adverse media findings, Sanctions link, Tax red flags etc.
Determine and advice the frontline if other searches are needed to supplement those already done for Account Opening.
Advise on PvB CDD policy and procedures and applicable local laws and regulations.
Advise on and escalate higher risk relationships and reputation risks arising from CDD to Compliance or Local Client Committee (LCC).
Consultation with functional experts (i.e. Legal, Compliance, Financial Crime compliance) as needed.
Contribute to the implementation and controls for daily processes and assist with the update of procedures.
Leverage on expertise and train the frontline to produce high quality SOW and complete Account Opening Pack to avoid reworks and to aid in faster turnaround time.
Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements.
Promote the spirit of continuous improvement by flagging any procedural issues that impact delivery of responsibilities with suggestions improvements and work around.
Provide a final recommendation to proceed / not proceed on accounts submitted for Account Opening or Account Maintenance.
Business
Private Banking Operations Bangalore
People and Talent
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control
Review accounts against all set internal standards for Client Due Diligence.
Check on the quality of the Static Information and Source of Wealth if it meets all set standards for Account Opening, Maintenance and Trigger review.
Review the other Due Diligence requirements such as adverse media findings, Sanctions link, Tax red flags etc.
Determine and advice the frontline if other searches are needed to supplement those already done for Account Opening.
Advise on PvB CDD policy and procedures and applicable local laws and regulations.
Advise on and escalate higher risk relationships and reputation risks arising from CDD to Compliance or Local Client Committee (LCC).
Consultation with functional experts (i.e. Legal, Compliance, Financial Crime compliance) as needed.
Contribute to the implementation and controls for daily processes and assist with the update of procedures.
Leverage on expertise and train the frontline to produce high quality SOW and complete Account Opening Pack to avoid reworks and to aid in faster turnaround time.
Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements.
Promote the spirit of continuous improvement by flagging any procedural issues that impact delivery of responsibilities with suggestions improvements and work around.
Provide a final recommendation to proceed / not proceed on accounts submitted for Account Opening or Account Maintenance.
Business
Private Banking Operations Bangalore
People and Talent
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control
💡 Quick Summary
Seeking a career-building opportunity? The Manager| Private Banking Operations position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
