Purpose of Role
Reporting to the Deputy Head of Client Services & Head of Compliance, the CDD Officer will support the trust administrators / client managers in documentation and conducting Client Due Diligence (CDD) work for a portfolio of trusts, companies and other wealth structures. The role will require working with trust administrators / client managers and the compliance team, to complete and maintain CDD documentation in accordance with regulatory and company policies. The role will initially be a 6 month contract but may be extended.
Key Accountabilities
· Analyse and identify any gaps in existing Source of Wealth (SOW) information.
· Assist in documenting and corroborating SOW information, which may involve conducting research.
· Performing name screening and analysing screening results.
· Assist in performing CDD reviews in accordance with regulatory requirements and company policies.
· Liaison and follow up with other departments to obtain relevant information required for completion of CDD reviews.
· Accountability towards delivery of CDD reviews within targeted deadlines.
Knowledge and Experience
· Preferably with at least 1 year of client due diligence experience with a trust company or a financial institution.
· Familiarity with trust or private banking industry will be advantageous.
· Experience and knowledge in name screening and source of wealth documentation.
· Good writing and analytical skills.
· Proficient in English and Mandarin.
Education Requirements
· Minimum Diploma holder
