Job Overview
Business Segment: Group Functions
Location: IM, Douglas, Douglas, Circular Road 1
Job Type: Full-time
Job Ref ID: 80313339A-0001
Date Posted: 6/17/2025
Job Description
PLEASE NOTE:
This role is not open to relocation. Only candidates who have residency and right to work in the Isle of Man can be considered.
To monitor and review all new personal account applications from the various distribution channels within Standard Bank Offshore (SB0), providing assistance with training/support/checking of new starters applications and sign off of 'Standard & Medium Risk' rated accounts ensuring that these are in line with regulatory, internal and group requirements, contributing to a positive overall client experience.
Qualifications
Minimum Qualification:
Diploma in Business Commerce
Experience Required :
3 - 4 years experience in Operations
Experience in dealing with corporate on-boarding of customer accounts and dealing in client risk management
Key Outputs :
Conduct onboarding reviews of all new personal account applications from the various distribution channels within Standard Bank Offshore (SBO)
Review files and information on potential new clients of all risk ratings, identifying deficiencies and following up on all queries to resolution
Validate source of funds in line with Compliance guidelines and ensure that relevant business/compliance approval is obtained
Prepare account opening packs for Compliance/Director approval/sign off and perform sense check on Tax classification
Undertake and participate in specific projects and activities as required to support the business
Additional Information
Behavioural Competencies:
Challenging Ideas
Embracing Change
Team Working
Interacting with People
Meeting Timescales
Following Procedures
Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za