CLIENT BACKGROUND
Our client is a leading Private Bank. We are seeking experienced CDD Talents to join the Onboarding 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
- Manage the new account opening process, ensuring robustness, clear progress tracking, reporting, and backlog management.
- Proactively suggest process enhancements to drive better efficiency and effectiveness.
- Assist in reviewing KYC (Know Your Customer) and AML (Anti-Money Laundering) documentation to approve new accounts.
- Report on review progress, key risk indicators, and prepare management information.
- Advise stakeholders on CDD (Customer Due Diligence) and KYC matters.
- Handle client data and document updates, as well as account maintenance requests, ensuring timeliness.
- Perform screening on clients against screening systems (e.g., SKYC), PEP (Politically Exposed Persons), and various blacklists.
- Participate in compliance-related projects, such as system UAT (User Acceptance Testing).
- Collaborate with AML and General Compliance teams to enable the bank to have a holistic view and understanding of client profiles and behaviors.
- Provide backup support for other compliance team members.
- Escalate issues, gaps, potential gaps, and backlogs to supervisors, proactively suggesting and implementing remediation.
JOB REQUIREMENTS
- Minimum 2-5 years of compliance experience in the banking or financial services industry.
- Strong understanding of KYC, CDD, and AML regulations in Hong Kong.
- Excellent analytical and problem-solving skills.
- Proficient in the use of compliance-related systems and tools.
- Effective communication and stakeholder management skills.
- Ability to work independently and as part of a team.
- Fluency in English and Chinese (Cantonese and/or Mandarin) is preferred.
