CIMB Group is a leading ASEAN universal bank, one of the largest Asian investment banks and one of the world's largest Islamic banks. CIMB Bank Singapore offers banking solutions catered to your every financial need with our consumer banking, commercial banking, Islamic banking and asset management products and services. At CIMB, we believe that our people are our greatest assets in realising our vision of becoming Southeast Asia’s most valued universal bank. We offer an environment that is inspiring, creative, challenging and above all, one where our people can realise their full potential.
Our bank is looking for interested candidates for 3 available internship positions in Private Banking:
1. Private Banking (Products)
- Assist in research and analysis of product idea recommendations, in particular unit trust, mutual fund, DPM or ETF.
- Assist in preparing presentations on investment ideas or product training to private bankers
- Assist in conducting due diligence on new products or counterparties, preparing approval memos, and design of policies and processes
- Assist in BAU activities such as updating recommended funds factsheets and relevant materials, instrument setup, month end pricing validation, invoice (from product partners) processing, etc.
- Assist the team in ad-hoc projects such as workflows/SOP enhancements, KYC reviews on/by product partners, tracking product sales campaign results, and any other relevant initiatives.
2. Private Banking (Relationship Management)
- Assist the Relationship Management team in Client Due Diligence (CDD) for the purpose of onboarding new accounts &/or conducting periodic reviews. Tasks include helping RMs review KYC and client documentation as well as performing screening for adverse news (prior to submission to the Governance team)
- Assist the team in ad-hoc projects such as workflows enhancements and Governance-related SOPs & initiatives.
3. Private Banking (Governance)
- Work directly with Front Office / Relationship Managers as part of the Bank’s Onboarding, Periodic Review, Event Trigger Review and Business Surveillance processes
- Perform name screening review and ensure that all name screening dispositions completed by Front Office / Relationship Managers are adequately documented based on defined name screening methodology
- Ensure name screening reviews are processed on a prompt and timely basis in accordance with defined productivity/efficiency measures and maintaining a high quality of the name screening review performed
- Track and monitor Onboarding, Periodic Review and Event Trigger Review cases submitted by Front Office / Relationship Managers
- Assist with business surveillance checks, and monitoring to ensure the adherence to Regulatory and Bank's internal policies and procedures.
- Preparation of Governance related reports and presentations.
- Perform ad-hoc tasks that may be assigned by line manager from time to time and ensure the effective discharge of the tasks assigned such as extract data for audit review, and Governance related process improvements etc.
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- Company:
CIMB Bank Berhad - Designation:
Intern, Private Banking - Profession:
Banking / Finance - Industry:
Finance - Location:
Downtown Core