CLIENT BACKGROUND
Our client is a leading Private Bank. We are seeking experienced CDD Talents to join the Compliance team. In this role, you will be responsible for conducting comprehensive due diligence on high-net-worth clients, ensuring compliance with all relevant regulations and internal policies. You will work closely with the business to streamline the onboarding process and maintain ongoing monitoring of client relationships.
JOB RESPONSIBILITY
- Perform in-depth due diligence on new and existing private banking clients, including KYC (Know Your Customer), source of wealth, and risk assessments
- Collaborate with the compliance team to develop and implement robust CDD policies and procedures
- Continuously monitor client activities and transactions to identify and escalate any suspicious or unusual activity
- Prepare detailed CDD reports and presentations for senior management and regulatory bodies
- Stay up-to-date with evolving financial regulations, such as KYC requirements
- Provide training and guidance to the wealth management team on CDD best practices
JOB REQUIREMENTS
- Bachelor's degree in Finance, Accounting, Law, or a related field
- 5+ years of experience in a CDD, compliance, or risk management role within the private banking or wealth management industry
- Business advisory experience is preferred
- Excellent analytical and problem-solving skills, with the ability to identify and mitigate compliance risks independently
- Advanced degree or professional certification (e.g., CAMS, AAMLP) is a plus