This is a 3 month contract, with the potential for further renewal although this cannot be guaranteed. The salary on offer will be as high as $8,000 per month dependent upon experience level. Experience with Corporate / Institutional KYC is essential.
*You must be able to speak, read and write in fluent Chinese.*
Job Summary:
The KYC Specialist is responsible for conducting thorough Know Your Customer (KYC) due diligence on institutional entities such as corporations, financial institutions, and government bodies. This role ensures compliance with internal policies and regulatory requirements related to Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and other financial crime regulations.
Key Responsibilities:
- Perform end-to-end KYC onboarding and periodic reviews for institutional clients.
- Analyze corporate structures, ownership hierarchies, and control persons.
- Review and validate documentation such as Articles of Incorporation, financial statements, licenses, and identification of authorized signatories.
- Conduct risk assessments and determine client risk ratings based on jurisdiction, industry, and transaction behavior.
- Monitor and escalate adverse media findings and potential red flags.
- Collaborate with internal teams including Relationship Managers, Legal, and Compliance to resolve KYC issues.
- Maintain accurate and complete records of KYC files and decisions.
- Stay updated on regulatory changes and internal policy updates.
- Support internal and external audits and regulatory examinations.
Qualifications:
- Bachelor's degree in Finance, Business, Law, or related field.
- Minimum 4 years of experience in KYC/AML compliance, preferably with institutional clients.
- Proficiency in Chinese (written and spoken), with the ability to review and validate Chinese-language documents.
- Strong understanding of global KYC standards and local regulatory requirements.
- Familiarity with financial products and services offered to institutional clients.
- Proficiency in using KYC tools and databases (e.g., World-Check, LexisNexis, Bloomberg).
- ACAMS or similar certification is a plus
