Work closely with Relationship Managers to facilitate the collection of KYC and relevant documents with respect to account opening / periodic review procedures and local regulations
Follow thoroughly the CDD and KYC review in client on-boarding / periodic review process
Perform assessment on both account opening and periodic reviews of existing relationships including but not limited to higher risk relationships and financial intermediaries. This includes reviewing the adequacy of SOW corroboration, performing high level transaction review, identifying incremental AML or reputational risk via refreshed name screening.
Keep abreast of changes to regulatory requirements for AML/CFT and communicate changes internally with a view to ensuring established policies, procedures and processes are compliant with new requirements.
Update and operationalize account opening and periodic review processes and workflows to ensure consistency amongst team members.
Providing AML/CFT advice to businesses, in particular on matters pertaining to account opening and periodic review of clients.
Prepare regular reports for management review
Liaise with different stakeholders e.g. Legal & Compliance, Operation, Risk Team to facilitate framework review and policy/procedure implementation
Perform ad hoc duties and projects as assigned by Business Manager
Job Requirements
Minimum 1 to 3 years relevant KYC and Client On-boarding experience in private banking
Familiar with account documentation, due diligence and AML regulatory requirements
Customer-focused, with good communication and interpersonal skills
Detail-oriented with strong control mindset
Proficient in spoken and written English/Chinese to liaise with Chinese speaking headquarter
