1+ months
2017-12-012018-02-12

APAC Client On-Boarding Consultant

Hong Kong, Hong Kong Island
  • Job Code
    18067BR-1
About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortunes 2017 rankings of Americas largest corporations. Wells Fargos vision is to satisfy our customers financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.


The APAC Client On-Boarding Consultantis functionally managed by the APAC Client On-boarding Manager in the 1st line of defense (1LOD).

Primary function of the role is obtaining, verifying, and properly recording customer due diligence information and documentation, for KYC technical matters requiring escalation, the APAC Client On-boarding Manager (also in the 1LOD) is the first point of reference. The individual will also assist with ongoing reviews and KYC projects as required.

Responsibilities:

As a dedicated KYC resource support for APAC Securities;-

  • Conduct full KYC/AML verification checks on all new clients in accordance with relevant APAC laws, rules and regulations, and firm policies as appropriate.
  • Investigate ownership and control of the client to identify all ultimate beneficiaries and possible PEPs for KYC and risk management purposes.
  • Provide advice to the business in order for them to obtain information and documentation required to ensure compliance with relevant Anti-Money Laundering laws, rules and regulations.
  • Investigation of the clients background utilizing all available internal/external systems, to develop a full picture of who the client is and whether any high risk factors are revealed.
  • Liaise and co-ordinate with various other departments as necessary regarding client on-boarding.
  • Ensure that all relevant KYC/AML information is adequately recorded, especially information relating to source of funds / source of wealth and expected account activity, for risk management purposes.
  • Liaise with the business or operations where necessary in order to provide the client with a clear understanding of firm and regulatory requirements.
  • Assist where necessary in the ongoing client review program performing appropriate KYC/AML reviews on the existing APAC client base.
  • Assist with the ongoing maintenance of client information and documentation.
  • Assist with updating procedures and trackers related to Customer due diligence BSA / AML program
  • Assist with ad-hoc projects, as required.
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APAC Client On-Boarding Consultant

Wells Fargo
Hong Kong, Hong Kong Island

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APAC Client On-Boarding Consultant

Wells Fargo
Hong Kong, Hong Kong Island
HK

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