BestTop Exclusive:Nomura - Analyst,WMD KYC Operations(Static Data), Singapore ( posted on 01 March 2018)


Company

Nomura

Industry
Financial Service
Location
Singapore
Position Type
Full-Time
Post Date
01 Mar 2018
Closing Date
n.a

Employer Description
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership.

Program Details
  • Ensure all new client relationships have undergone the appropriate client identification screening (KYC) prior to opening a new account and entering into trading and loan transactions
  • All existing clients KYC is refreshed on periodic basis and necessary escalation is performed
  • The critical piece of KYC for wealth is validating the client profile/biography & source of wealth which is provided by Sales. KYC Control plays a key critical role as subject matter expert and seek additional clarification from sales to ensure write up is complete & meets regulatory requirements.
  • Ability to perform hands on task related to KYC and account opening (Including working with sales on information and documents, update system with relevant details, perform checks, validate & upload documents, manage pipeline for new accounts and KYC rolling review- KYC refresh)
  • Ensure client information and documents are validated & updated correctly on the systems for seamless feed to other internal systems and reporting (Internal, regulatory etc.)
  • Continuously work with AML Compliance, Legal, Sales support on completing KYC and client information updates
  • Identify system enhancement focusing on controls and efficiency and work with the IT teams to implement
  • Face Internal & external Auditors and have good understanding of process to provide process walkthrough and samples

Qualifications


Language skills
  • Excellent command of the English language, with strong written and verbal communication skills, and the ability to communicate effectively across all levels.
  • Ability to fluently speak Cantonese or mandarin is a must as this role will involve interaction with local sales based out of Hong Kong Technical Skills/Competencies·
  • Well versed with the KYC requirements as suggested by MAS and other major Asia regulators
  • Ability to understand different risk types associated with Clients (Individuals, Private companies, corporation)
  • Strong skills in documenting & storing exceptions and approvals
  • Flexible and quick to adopt change in policies, systems and requirements
  • Has intermediate knowledge on MS excel (Formulas, Pivot and V look ups) and MS Power points

Governance, Risk and Controls:
  • Relevant experience in compliance, risk management or operations with an investment bank or financial services firm for Wealth Management business
  • Ability to work with minimal supervision, oversight and with cross region teams
  • All KYC breaches, near misses or risk events will be managed and escalated where necessary.
  • The individual will be required to deliver updates of KYC procedures, understand the policy and implement the operations changes and procedures required to meet the policy requirement
  • Able to handle reasoning and justification on KYC matters to AML Compliance and Legal teams
  • Accuracy, attention to details to avoid errors

Stakeholder management
  • Fact based and ability to understand the risk involved and highlights the same across levels
  • Detailed oriented in order to understand all requirements at one go
  • Managing Business stakeholders- Ability to handle business supervision teams and Sales. Need to have good negotiation skills to plan the pipeline and negotiate the timeline
  • Act as a single point of contact for Sales in Hong Kong and handle any prioritization discussions, escalations & prepare the action plan to closely work with teams in Singapore 
  • Has experience in written and verbal communication with AML, Compliance, legal, Internal Audits




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