Private Bank
Finance
PrivateBankClientLifecycleManagement,AVP
“Private Bank - Client Lifecycle Management, AVP at Private Bank. Skills: Client Lifecycle Management, KYC, AML. Responsible for end to end on-boarding new clients and support KYC periodic/event driven review of existing clients in a high quality and timely manner.. Liaise effectively with client-facing teams (local & Booking Centre); provide strategic guidance as needed around preparation of client documentation, account opening policies, processes and KYC/AML standards.”
What You'll Achieve.
end to end on-boarding new clients and support KYC periodic/event driven review of existing clients in a high quality and timely manner.
Industry & Context.
Ability to identify and solve problems, often under pressure.; Superior analytical skills (including data analysis) as well as being detail-oriented on both strategy and execution.
What They're Looking For.
Must Have
3 to 10 years of experience in Client Onboarding / CLM position in an International Private Bank, Fluent English skills, Advanced skills in using Excel/PowerPoint/Word
Nice to Have
Master degree a plus
What You'll Do.
Responsible for end to end on-boarding new clients and support KYC periodic/event driven review of existing clients in a high quality and timely manner.
Liaise effectively with client-facing teams (local & Booking Centre); provide strategic guidance as needed around preparation of client documentation
account opening policies
processes and KYC/AML standards.
Conduct full due diligence with respect to new and existing relationships for the enforcement of controls associated with Know Your Client (KYC) governing documentation for various account types – individuals
legal entities and Anti Money Laundering (AML) regulatory requirements.
Conducting research on new and existing clients
obtaining information from public sources
screening natural persons/entity names against sanctions
adverse news and politically exposed person lists (PCR/Lexis Nexis).
Collect and verify/corroborate KYC/AML related documentation to perform required regulatory screening. Escalate due-diligence findings to Senior Management and Compliance/AFC where applicable.
Central point of contact for the Front Office and internal stakeholders (Documentation Unit
Legal and Middle Office Operations) concerning client on-boarding queries and status updates until final client adoption/review locally and at the respective Booking Centers.
Preparation of comprehensive account opening pack for Business/Compliance/AFC sign offs.
Handle/oversight of account maintenance activities
and documentation deferral tracking until resolution.
Maintain DB Branch Riyadh / DSSA Client databases with on boarding details.
Support Business management Team in Regulatory Reporting and Reconciliation of client list with booking centers on a quarterly basis.
Remain current and thorough on operational processes
services and Firm’s systems/applications as applicable locally in Saudi Arabia and Booking Centers.
Ensure adequate support is rendered during regulatory and internal audits.
Complete remediation/other projects as and when applicable within the stipulated deadlines.
Highlight any suspicious activity to Head of Businessusiness Manager/Office Manager in a timely manner.
How You'll Work.
Team & Collaboration
work closely with the local Front Office team (Business Head, Team Heads, Relationship Managers (RM), Client Service Executives), Compliance, Legal, Anti Financial Crime (AFC) and Business Management Team.; work with the stakeholders (including CLM, Operations, Compliance and AFC) at the relevant Booking Centers, mainly Switzerland.; Liaise effectively with client-facing teams (local & Booking Centre); Central point of contact for the Front Office and internal stakeholders (Documentation Unit, AFC/Compliance, Legal and Middle Office Operations); work in a team; collaborate with others across different locations
Communication Scope
Excellent written and verbal communication skills for interacting with diverse stakeholders.
Process & Methodology
Complete remediation/other projects as and when applicable within the stipulated deadlines.
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