job description
Join The GMP Group as a Periodic Review Officer in the dynamic world of Private Banking. This 1-year contract role offers a unique opportunity to work in Baliās thriving financial sector, ensuring compliance and operational excellence for high-net-worth clients.
In this position, you will play a critical role in conducting periodic reviews of client accounts, ensuring adherence to regulatory standards, and maintaining the integrity of private banking operations. Your expertise will contribute to risk mitigation, client satisfaction, and the overall success of our prestigious banking services.
Based in the vibrant region of Canggu, Bali, this role combines professional growth with the opportunity to live and work in one of the worldās most sought-after destinations. Whether you're a seasoned professional or looking to advance your career in financial services, this position offers a rewarding challenge in a supportive and innovative environment.
Responsibility
- Conduct thorough periodic reviews of private banking client accounts to ensure compliance with internal policies and regulatory requirements.
- Identify and assess potential risks, discrepancies, or irregularities in client portfolios and transactions.
- Prepare detailed reports and documentation summarizing review findings, recommendations, and corrective actions.
- Collaborate with relationship managers, compliance teams, and senior stakeholders to address review outcomes and implement improvements.
- Monitor and track the resolution of identified issues to ensure timely and effective remediation.
- Stay updated on changes in banking regulations, anti-money laundering (AML) laws, and industry best practices.
- Provide guidance and support to junior team members on review processes and compliance standards.
- Maintain accurate and confidential records of all review activities and client interactions.
Qualifications
- Bachelorās degree in Finance, Banking, Business Administration, or a related field. Advanced degrees or certifications (e.g., CFA, CAMS) are a plus.
- Minimum of 3 years of experience in private banking, compliance, risk management, or a similar role within the financial services sector.
- Strong understanding of banking regulations, AML/CFT frameworks, and periodic review methodologies.
- Proven ability to analyze complex financial data, identify risks, and develop actionable recommendations.
- Excellent written and verbal communication skills, with the ability to prepare clear and concise reports.
- High attention to detail, organizational skills, and the ability to manage multiple priorities in a fast-paced environment.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with banking software or CRM systems.
- Ability to work independently and collaboratively in a team-oriented setting.