The Opportunity
- This is an exciting opportunity to work for one of the leading banks.
- It is an opportunity for an experienced KYC Analyst to join their team
- This will start off as a 9 months contract
The Job
- Conduct periodic reviews of KYC and CDD information of existing end clients and financial intermediaries.
- Perform independent and thorough review, including plausibility checks as well as corroboration of existing clients’ source of wealth and source of funds and address gaps where any are identified.
- Advise front office and other colleagues within the team on client ongoing monitoring and review matters including deficiencies in KYC information and corroboration documents.
- Collaborate with key stakeholders involved in the process, viz, Relationship Managers, Team Heads, Market heads, Compliance and other colleagues within the bank to ensure source of wealth gaps/red flags uncovered during periodic reviews are properly addressed and closed out.
- Conduct reviews of existing clients to ensure their biodata remains updated
- Support Global Front Line Risk and Control on the matters that are assigned from time to time in line with overall priorities of the bank.
- Collaborate with other colleagues within the bank to drive and assists remediation and other projects as and when required.
- Prepare Management information reports based on agreed requirements.
The Talent
- 2-3 years of PB KYC experience including periodic review.
- Knowledgeable and sensitive to the risks (PEP, Sanctions, reputational risks) and suspicious activities typical of private or corporate banking clients.
- Knowledge of regulations including MAS, HKMA and other intergovernmental / non-governmental organization such as FATF / Wolfsberg.
- University degree in Accountancy, Finance, Business Administration or equivalent, or higher education.
- Professional certifications such as ACAMs or ICA would be an added advantage.
- Open to candidates with corporate banking experience but must have experience in the area of onboarding, on going client reviews and transaction monitoring.
Next Steps
- Drop your resume and contact us to follow-up, or send your resume to [email protected]
- Email Topic: Apply KYC Periodic Review
- Only shortlisted candidates will be contacted
Cecilia Sim Xin Yang
Personnel Registration No. R22105099
EA Licence No.91C2918
