Associate, Client Onboarding Singapore

5 days ago


Marina Bay, Singapore BANK OF MONTREAL SINGAPORE BRANCH Full time

10 years exp

**Roles & Responsibilities**

Client Onboarding team is to provide a consistent and centralized support model across Capital Markets. The team’s primary responsibilities are to proactively source and collate information/documentation that expedites the completion of the internal, global and local regulaotory due diligence processes. The Client Onboarding (COB) function is a team with expertise and knowledge of international regulatory and legal requirements. It is designed to centrally capture onboarding and related change requests in order to enable trading and provide notice to the business and Clients of when they are approved to transact. The function works closely with the Capital Markets Line of Business (CM LOBs) and CM Clients, is responsible to liaise closely with various BMO Enterprise/Global support teams including Legal, Compliance, AML, Tax, Credit, Operations, Technology, etc. and work with the jurisdicational COB teams.

This role will support the Client Onbaording Process of BMO Singapore Branch, Hong Kong Branch and potentially BMO Japan Securities Office.

**Job Requirement**
- An undergraduate/master degree. Focal areas of Business, International Business, or Business Law
- 10+ years of relevant experience with renowed international financial institutions in account opening, client onboarding or similar role.
- Advance knowledge of fixed income, foreign exchange, commodities, securitized products and trade finance business is a must.
- Advance knowledge of the competitive market place, trends and regulations in the banking and securities industries.
- Advance knowledge of Dodd-Frank, Canadian/HKMA/MIFID OTC Derivatives Reporting, Unsecured Margin Rules, EMIR, HKMA/ASIC/SFC professional Investor, FATCA / CRS, MIFID II, JFSA etc. is a must.
- Advance knowledge of international agreement/protocal for OTC derivatives contracts, Repo transaction, securitized products, listed derivatives and equities (e.g. ISDA, GMRA)
- Familiarity with major trading systems such as Calypso, WSS, Murex and ICI.
- Ability to conceptualize business and stakeholder initiatives and to guide those initiatives as daily business requirements for the group
- Excellent level of relationship management, interpersonal skills and the ability to strategically and ethically leverage relationships
- Ability to independently manage multiple priorities and to proactively service multiple internal Clients in a fast-paced environment
- Excellent attention to detail and ability to learn and adapt quickly
- Ability to review, assess and provide detailed information daily
- Ability to collaborate and build strong relationships with customers at all levels of the organization
- Leadership skills, being able to lead discussion with stakeholders
- Proven Account Management skills required in order to create, maintain and enhance customer relationships

BANK OF MONTREAL SINGAPORE BRANCH



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