
Client Onboarding Executive, Wealth Management London, England
Job description
As one of the world's largest independent financial advisory groups, we know that it takes a distinct perspective to make a meaningful difference to our clients’ business and wealth.
Rothschild & Co is a global and family-controlled group. We provide M&A, strategy and financing advice, as well as investment and wealth management solutions to large institutions, families, individuals and governments, worldwide.
Having been at the centre of the world's financial markets for more than 200 years we can rely on an unrivalled global network of more than 3,800 talented employees and a track-record of outstanding execution with 60 offices around the world.
Our integrated global network of trusted professionals and decision makers around the world provide in-depth market intelligence, meaning we can be closer to current issues than any other global financial institution in our core markets.
It is this scale, local knowledge and intellectual capital that allow us to provide a distinct perspective and effective long-term solutions for our partners.
- Review and approval of clients’ documentation, source of wealth narratives and corroboration
- Responsible for managing the onboarding workflow for all accounts where they are the lead reviewer
- Responsible for the coordination and approval of systems set up
- Initial risk assessment of new clients to identify any potential high-risk factors
- Review of all client documentation including legal documentation, upward ownership structures, source of wealth evidence and client due diligence
- Review PEP/sanction checks and media searches to identify potential high-risk factors
- Analysis of suitability assessment completed by the Front Office team and ensuring we have documented the process accurately
- Reviewing the FATCA and CRS documentation provided by the client
- Ensuring we have all necessary data related to the client, including national identifiers and Legal Entity Identifiers for MiFID II
- Providing guidance to Front Office teams, with regard to the required documentation for new clients
- Helping to ensure that the Front Office teams are adhering to internal policies
- Providing an example to the client service executives, by showing strict controls and consistency with our policies, in order to prevent regulatory breaches and internal errors
- Coordination and execution of project work, such as regulatory remedial exercises, process improvements, new systems
- Review of static data amendments to ensure compliance with regulatory obligations and internal policy. This could include a complete change of trustees, change of directors, or change in upward ownership etc.
- Assisting the Client Account Management Team with central tasks, such as regulatory projects
- Management and prioritisation of own workload
- Assisting other team members with work volumes where needed
- Experience of client onboarding in the financial services industry essential. Wealth Management experience is preferred
- Deep level of understanding of KYC requirements, including Source of Wealth / Source of Funds
- Experience of data management and system-based workflows
- Aptitude for problem solving and an ability to identify efficiency gains
- Diligent and high level of attention to detail even when working under pressure
- Excellent oral and written communication skills
- Strong organisational and time management skills