Private Wealth - Client Onboarding Associate

Private Wealth - Client Onboarding Associate

Leading UK Wealth/Investment Manager, based Central London

£42,000 - £45,000 + Excellent Package

This is an excellent opportunity for an individual with 2+ years of client onboarding experience to join a leading Wealth Management firm based in Central London. Reporting to the Head of Client Services, this role is a key position within the Client Services function, with a focus on KYC and AML Account Onboarding. Key responsibilities include:

• Performing client onboarding and AML checks for new clients
• Reviewing application documents, ensuring AML documents are correct and certified up to specified standards, including source of wealth checks and reviewing suitability advice
• Work closely with all Wealth Managers and Associates to ensure proper compliance
• Quality assurance checks on all new accounts
• Confirm KYC requirements and account opening needs of new custodiams
• Risk assessment of new clients, review for sanctions, negative press or PEP’s as per AML guidelines
• Work on a variety of financial services products, including both onshore and offshore providers. Products not limited to, but include SIPP’s, Personal Pensions, ISA, Investment accounts, bonds, wrap providers.
• Update and maintain client records on CRM system and with Platform Service Provider
• Approve platform requests, including payment requests, new account opening etc.

To be successful in this role, you should have had the following experience:

• Proven Client Onboarding experience gained from within a Wealth, Investment, Private Banking or Platform environment
• Experience of KYC and AML onboarding
• Strong numerical and analytical skills, including excellent attention to detail
• Strong communication skills, with the ability to work closely with clients and wealth managers alike in a tactful and diplomatic manner
• Strong team player, with the ability to help mentor more junior team members

In return, our client offers:

• Basic salary of up to £45,000 + excellent package and bonus
• Ability to take further qualifications and work in a collaborative and interesting environment
• Opportunity to join a genuinely expanding company

For more information, please contact Edward Groves