My client, is one of the largest Private bank from Europe.
For Over 130 Years, they have been helping people with their financial goals.
It is the international reference in wealth management
Overview
The Compliance Specialist will assist in name screenings related activities on the Bank’s prospective or existing clients and perform assessment on the screening results and Periodic Review as well. He/She will be required to include in the account report any true or potential screening hits to facilitate a further assessment on the client’s accounts.
Responsibilities
• Retrieve relevant key parties from client profile for name screenings to ensure conformity to internal and regulatory requirements on AML/CFT/CDD standards
• Review name screenings hits and perform assessment on screening results (Google, World check, Factiva, Ripjar, Baidu etc). To discount false hits and to highlight any potential or true hits for further assessment
• Escalate newly identified potential or true hits which may affect the overall risk profile of the clients
• Ensure timely review of name screening searches and ensure that the preparation of the accounts are timely to support the completion of the review of the accounts
• Ensure KPIs are met; provide timely escalations to Team lead & respective stakeholders.
• Where required, participate and provide support in any ad hoc projects or reporting
• Be the single point of contact for Front Office queries relating to screening, provide advisory support to Business with regards to resolving newly identified adverse news and assessing its materiality, identifying potential PEPs
• Where required, assist with level 2 checks on the quality of work performed by a separate maker
Experience
• Prior experience (1 year or more) in conducting Name screening is a must
• Prior experience in leadership roles will be an advantage
• Ability to read traditional and simplified Chinese will be an advantage
Requirements
• Familiar with MAS 626 requirements will be an advantage
• Proficient in English, and other Asian language(s) an advantage
• Basic Excel knowledge
• Ability to work independently with an eye for details
• Ability to multitask
• Good interpersonal skills
• Team player
