Wealth Management Onboarding Team Lead

2 weeks ago


London, Greater London, United Kingdom Compliance Professionals Full time
Job Title: Wealth Management Onboarding Team Lead

We are seeking an experienced Wealth Management Onboarding Team Lead to join our Compliance Professionals team in London, UK. As a key member of the team, you will play a crucial role in ensuring the timely and high-quality onboarding of wealth management clients.

About Us

We are a leading international banking group with a wealth management arm that offers tailored services to families and independent asset managers in Europe and the UK. Our team is dedicated to providing exceptional client service and ensuring compliance with regulatory standards.

Job Description

The Wealth Management Onboarding Team Lead will be responsible for:

  • Leading and managing account opening KYC profiles for wealth management clients;
  • Ensuring timely, thorough, and high-quality reviews of new client onboarding requests;
  • Providing guidance on client onboarding matters and addressing any deficiencies in KYC information or documentation;
  • Conducting independent reviews involving KYC/AML/Tax risk assessment, plausibility checks, and verification of clients' Source of Wealth and Source of Funds;
  • Managing alerts generated from periodic screenings of the Group's customer database;
  • Identifying and investigating suspicious activities or transactions, and providing recommendations to senior management when necessary;
  • Supporting the front office with the preparation of extension approvals and appeal requests;
  • Collaborating with the front office to ensure the completion of remediation and review tasks related to Bank-wide projects;
  • Assisting other managers and business managers with various compliance-related projects and working groups;
  • Reviewing and monitoring Service Level Agreements (SLAs), particularly for annual reviews and monthly control tasks;
  • Tracking issues and actions escalated by the front office or management.
Requirements

To be successful in this role, you will need:

  • Previous experience of leading a First Line team carrying out on-boarding of wealth management clients;
  • Strong understanding of AML/CFT framework and regulatory environment and its applicability to wealth management clients.
What We Offer

We offer a competitive salary range of £80,000 - £100,000 per annum, depending on experience, plus benefits including:

  • Pension scheme;
  • Life assurance;
  • Healthcare insurance;
  • Annual leave entitlement;
  • Professional development opportunities.

If you are a motivated and experienced professional looking for a challenging role in wealth management onboarding, please apply with your CV and cover letter.



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