Onboarding Administrator

  • Post Date: January 7, 2022
  • Isle of Man
Job Description

Role Description:
Our client is looking for an ambitious administrator to provide support for the account opening function of their innovative organisation. You’ll provide this support over a number of licence holding entities in varying investment and banking activities so it’s important to have strong attention to detail.

Role Responsibilities:
– Responsible for undertaking all aspects of the initial vetting of new business applications and completion of the account opening process
– Identification and application of incoming payments in liaison with internal and external clients and intermediaries
– Identifying and assisting with the implementation of continuous improvements for the Onboarding function and account opening efficiencies
– Assist with the implementation if continuous improvement in accordance with changes to regulatory requirements, internal policy and best practice
– Interacting with internal audit and compliance where applicable to develop and improve appropriate processes and procedures in line with any changes to the regulatory environment
– Work within relevant internal groups to assist with the development, implementation and ongoing improvement of the client account take-on portal
– Work with the Business Development and Relationship Management teams as required, attending any necessary client meetings
– Producing and circulating management information pertaining to account opening
– Assisting with any Company projects and with other areas within the Company during peak periods
– Following the Company’s AML procedures and guidelines at all times
– Maintaining all necessary controls applicable to the role and striving to eradicate errors

​Skills & Experience Required:
– Good knowledge of the regulatory requirements surrounding the ‘Onboarding’ of new client accounts, including corporate structures
– Excellent knowledge of best practice and regulatory and legal requirements of an FSA regulated financial institution.
– 2+ years experience relevant experience of account opening within an FSA regulated financial institution
– An excellent work ethic
– Keen to learn and grow the knowledge of your colleagues
– An ambitious nature
– An eye for detail
– A flexible attitude
– The ability to work well under pressure
– Extremely important that you’re a team player
– Strong IT skills

Phone 01624 615600