Corporate Banking Support Specialist

1 month ago


Singapore Sumitomo Mitsui Banking Corporation Full time
Job Overview
As a Corporate Banking Support Specialist at Sumitomo Mitsui Banking Corporation, you will play a crucial role in providing exceptional support to Relationship Managers on key customer relationship matters.

Job Responsibilities:
  • Administer and maintain accurate records for Corporate Banking clients, ensuring compliance with regulatory requirements.
  • Conduct thorough due diligence checks on clients using external and internal platforms and databases, identifying potential risks and opportunities.
  • Collaborate with cross-functional teams to ensure seamless onboarding and offboarding of corporate clients, adhering to KYC and due diligence standards.
  • Review and verify documents collected for KYCs, guaranteeing completeness and proper certification according to regulatory and internal guidelines.
  • Perform risk assessments to address trigger events and new account applications, providing actionable insights to stakeholders.
  • Manage daily AML alerts escalated to business units, ensuring prompt and timely resolution.
  • Provide account services support, reviewing documentation for clients during onboarding, maintenance, and closure, as well as system updates.
  • Respond to queries from BCAPD AML and LCAPD regarding KYC-related matters.
  • Maintain knowledge of HO, local, and internal regulations concerning KYC-related issues.

Required Skills and Qualifications:
  • Bachelor's degree with relevant banking experience.
  • A minimum of 3 years of working experience with a deep understanding of end-to-end KYC processes and business support functions in Corporate Banking.
  • Excellent knowledge of current regulatory compliance requirements pertaining to KYC/AML/sanctions.
  • Meticulous, proactive, organized, and self-motivated individual with strong communication and interpersonal skills.
  • Ability to work independently and collaboratively within the team, prioritizing tasks and managing pressure effectively.

Estimated Salary: $80,000 - $110,000 per annum, depending on experience. This figure is based on industry standards and location considerations.

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