Deep Specialist Onboarding

SUMMARY:
A progressive Investment Services that combines market-leading proprietary technology with human expertise and experience within the Wealth Management space is looking for a decisive knowledgeable Deep Specialist Onboarding.

POSITION INFO:

Purpose:

Onboarding of clients has become a specialized function within a business. The depth of knowledge required to comply with the Regulator and all the requirements has become immense, especially around the onboarding of entities.

• Understand all the various types of structures and entities
• Have complete full insight to be able to analyse these structures to identify the UBO/warm body depth of where to end the investigation etc.
• Make firm decisions based on the knowledge/ experience,

Existing processes needs to be evaluated and the needs for system development need to be identified with the view to automate as much as possible. Process engineering is therefore key. Training and upskilling of the existing team just as important.

Key Relations:

Internally: Onboarding team, Compliance, Legal, PAS, GPS, H4, Advice Ops teams; Training team; PCS, Advisors and assistants, IT, Business Unit Leaders

Externally: External suppliers, Regulator like FSCA, ASISA

Key Responsibilities:

• With the product owner develop an Onboarding team that functions optimally with as much automation as possible, i.e., process engineeringwith view to automation. This would mean:
  • Evaluating existing processes and develop new ones
  • Help with the implementation of updated processes and monitor them

• As project manager, head up a team to move offshore structures into various alternatives eg transferring from one offshore structure to another (various new structures). Fielding of questions. Working with data, tax, and fiduciary knowledge,
• To facilitate decisions made around identifying warm bodies/ structures, i.e., to be the knowledge expert.
• Be the crucial body in decision making process re structures and entities and handle possible conflict.
• Engaging with Compliance around decisions being made, including document requirements and methodologies
• To ensure all processes and system development are aligned with our RMCP
• To train and upskill and evaluate the Onboarding team. (3 members)
• Interact with Compliance and share knowledge/ experience relative to what is happening in industry

Qualification and Experience:

• Relevant tertiary qualification (Law preferably)
• Legal background/understanding around specifically entities
• Project management courses and experience (advantageous)
• In-depth knowledge of the following:
  • FICA
  • RMCP policy
  • Onboarding
  • AML and Risk rating
  • Structures and ability to look through the structures
  • Entities
  • Identifying warm body/ UBO’s
  • Ability to look through
  • FATCA and CRS
  • Offshore jurisdictions and entities
  • Different jurisdictions

Competencies and Skills:

• Teamwork
• Technical ability
• Effective personal time management
• Pro-active
• Attention to detail
• Ability to work under pressure
• Process oriented
• Solid organisational skills including attention to detail and multitasking skills
• Ability to communicate effectively, including writing skills, i.e. interpersonal
• Initiative and ability to work independently
• Administrative skills
• Firm decision making
• Pragmatic

NB! This job is now closed. You can apply for other jobs by uploading your CV.