Source of Wealth Co-maker / Drafter

Role Overview 

This position sits within the Chief Operating Officer (COO) function and forms part of a centralized Client Due Diligence and Source of Wealth support team. 

The successful candidate will partner with Front Office to translate their client knowledge, rationale, and supporting evidence into structured Source of Wealth drafts for SCA review and KYC assessment. 

The role requires strong analytical thinking, financial analysis skills, and the ability to synthesize complex client information into clear and coherent narratives that support KYC assessments and regulatory requirements. 

Key Responsibilities 

Source of Wealth Preparation & Analysis 

• Partner with Front Office representatives to gather relevant client information, corroborative evidence, and supporting documentation for Source of Wealth assessments. 

• Analyse clients' wealth accumulation journey across various wealth sources, including employment income, business ownership, investments, property holdings, inheritance, and other wealth-generating activities. 

• Prepare clear, logical, and comprehensive drafts of Source of Wealth profiles for review by Senior Client Advisors. 

• Perform reasonableness checks on information provided and identify gaps requiring further clarification or supporting documentation. 

• Organise financial data and supporting evidence to facilitate KYC assessment and approval. 

Front Office Partnership 

• Work closely with SCAs and CAAs to understand client background and circumstances. 

• Guide Front Office colleagues on Source of Wealth documentation requirements and submission standards. 

• Highlight information gaps and support Front Office teams in obtaining additional evidence where required. 

• Contribute towards improving the overall quality and completeness of client submissions. 

Client Onboarding Support 

• Conduct onboarding documentation checks and support account opening processes where required. 

• Respond to Front Office enquiries relating to client onboarding, Source of Wealth requirements, and documentation standards. 

• Maintain accurate records and update relevant systems as required. 

Required Skills & Experience 

Technical Competencies 

• Minimum 2 to 3 years of experience in Private Banking, Wealth Management, KYC, Client Due Diligence, AML, or Source of Wealth reviews. 

• Strong understanding of Source of Wealth concepts and wealth accumulation methodologies. 

• Ability to analyse financial information, corporate structures, and investment activities. 

• Familiarity with Private Banking onboarding and account maintenance processes. 

• Proficiency in Microsoft Office applications, particularly Excel and PowerPoint. 

Professional Attributes 

• Strong written communication skills with the ability to prepare structured and coherent client narratives. 

• High attention to detail and commitment to accuracy. 

• Strong analytical and problem-solving abilities. 

• Effective stakeholder management and collaboration skills. 

• Ability to manage multiple cases and meet tight turnaround timelines. 

• Self-motivated and able to work independently with minimal supervision. 

Preferred Qualifications 

• Bachelor's degree in Accounting, Finance, Banking, Business, Economics, or a related discipline. 

• Knowledge of AML, KYC, and regulatory expectations relating to Source of Wealth assessments. 

• Experience drafting, reviewing, or supporting enhanced due diligence and wealth profiling documentation.