Client Due Diligence Specialist,, Client Onboarding & Lifecycle Management

The Opportunity

• Opportunity to work for one of the leading financial service providers and top banks
  
• Great exposure
  
• It will be a 9 months contract
  
• Looking for 7 resources
  

Description

This position within Client Onboarding &
Lifecycle Management isprimarily responsible for the banks’ continued AML/CFT monitoring and reviews. The successful candidate is expected to maintain high and consistent standards in accordance to the AML/CFT Procedures within the bank. In addition, the successful candidate may also be assigned other compliance/risk management relevant tasks, assignments, or projects.

• 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
  

General

• 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.
  

Qualifications

• Minimum 2-3 years of experience in AML/KYC under the client review function in a private or corporate banking environment.
  
• 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.
  

Preferred skills

• Strong understanding of AML/CFT framework and the regulatory environment and its applicability to private or corporate banking clients in the areas of onboarding, on-going client reviews and transaction monitoring.
  
• Familiar with MS Excel, MS Word, MS PowerPoint and other office automation tools.
  

Next Steps

• We could contact you in the soonest time if you directly send your resume to:
  [email protected]
  
• Email Topic:
  Apply CDD Specialist