Private Bank - Client Lifecycle Management, AVP

Details of the Division and Team

Client Lifecycle Management is a key first line of defense within a business line from a service and risk management perspective. The role holder will work closely with the local Front Office team, Business Head, Team Heads, Relationship Managers (RM), Client Service Executives, Compliance, Legal, Anti Financial Crime (AFC) and Business Management Team. In addition, the role holder will work with stakeholders including CLM, Operations, Compliance, and AFC at the relevant Booking Centres, mainly Switzerland.

We are looking for a competent professional to handle end-to-end onboarding of new clients and support KYC periodic event-driven review of existing clients in a high-quality and timely manner. You will liaise effectively with client-facing teams locally and booking centres and provide strategic guidance around preparation of client documentation, account opening policies, processes, and KYC/AML standards.

• Conduct full due diligence for new and existing relationships to enforce controls associated with Know Your Client (KYC) and Anti Money Laundering (AML), including governing documentation for various account types, individuals, legal entities and regulatory requirements.
• Conduct research on new and existing clients, obtaining information from public sources and screening natural persons and entity names against sanctions, adverse news, politically exposed person lists, and PCR Lexis Nexis.
• Collect and verify, corroborate KYC/AML related documentation to perform required regulatory screening.
• Escalate due‑diligence findings to Senior Management and Compliance/AFC where applicable.
• Act as central point of contact for the Front Office and internal stakeholders regarding client onboarding queries and status updates until final client adoption review locally and at the respective Booking Centres.
• Prepare comprehensive account opening packs for Business Compliance, AFC sign‑offs.
• Oversee account maintenance activities such as passport expiry and documentation deferral tracking until resolution.
• Maintain DB Branch Riyadh DSSA client databases with onboarding details.
• Support the Business Management Team in regulatory reporting and reconciliation of client list with booking centers on a quarterly basis.
• Remain current and thorough on operational processes, services and firm systems applications locally in Saudi Arabia and booking centers.
• Ensure adequate support is rendered during regulatory and internal audits and complete remediation projects as and when applicable within stipulated deadlines.
• Highlight any suspicious activity to the Head of Business, Business Manager, Office Manager in a timely manner.

• Bachelor’s degree in economics or finance is a must;
  Master’s degree is a plus.
• 3 to 10 years of experience in Client Onboarding in a CLM position for an international private bank.
• Fluent English skills and proficiency in MS Office (Excel, PowerPoint, Word).
• Excellent written and verbal communication skills for interacting with diverse stakeholders.
• Strong interpersonal skills: ability to build relationships, work effectively in teams and collaborate with others across different locations.
• Problem‑solving skills: ability to identify and solve problems, often under pressure.
• Time‑management skills: ability to prioritize tasks, manage time effectively and meet deadlines.
• Adaptability: willingness to learn new skills and adjust to changing priorities and situations.
• Analytical skills: superior data analysis, detail‑oriented on both strategy and execution.

• Life Insurance
• Accidental Death Insurance
• Permanent Partial Disability Insurance
• Private Medical Insurance for you, your spouse and dependent children
• Flexible working arrangements
• 30 days of annual paid leave, plus public holiday & flexible working arrangement
• DB contributions to Employee Workplace Savings ("Gosi Plan" for Saudi nationals only)