CLIENT BACKGROUND
Our client is a leading Private Bank. We are seeking experienced KYC Talent 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.
- Conduct KYC policy & procedure update for ensuring alignment to regulatory expectation (e.g., HKMA, HKAB, MAS, SFC) along with industry practice gathered from market to ensure the update is highly practical and reasonable to business
- 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.
- 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 7 years of KYC Onboarding experience in the banking industry.
- Strong understanding of KYC, CDD, and AML regulations in Hong Kong.
- Excellent analytical and problem-solving skills.
- 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.
