The Global Financial Crimes Compliance (GFCC) Asia team is responsible for implementation and oversight of Anti Money Laundering (AML) policies and procedures for the firm's businesses in Asia.
The successful candidate will principally be involved in the day-to-day management of the CB and CIB KYC Advisory and Reviews team providing advisory on applicable KYC policies and procedures as well as performing compliance review and approval for KYC records for newly onboarded clients or existing clients whose KYC profile is being renewed.
The individual is also expected to contribute and actively participate in strategic policy review and or implementation initiatives at regional and global level.
This role implies a close working relationship with business and operations functions
Review of KYC records of financial service providers (including hedge funds, private equity firms, broker dealers, correspondent banks and money remitters) to ensure accuracy and compliance with appropriate standards.
Provide guidance on KYC policies and regulations and liaise with Business and Supporting Functions for day-to-day Compliance-related escalations and questions.
Contributes to the ongoing review and update of applicable KYC policies and procedures
Execute daily routine of KYC approvals and tracking.
Conduct regular KYC / AML training on the Firm's policies and procedures to business staff in line with Regional and Global AML Programs.
At least 4-7 years work experience in a compliance, legal, risk management, client onboarding or control function preferably gained in a global financial institution.
Exposure to AML, ATF, PEP, ABC and Sanctions issues
Strong communication - written and interpersonal
Demonstrated ability to effectively consult to obtain desired results
Must be a self-starter, pro-active, organized, with a keen eye on details and have the ability to work independently.
Strong research skills, familiarity with Word, Excel, and PowerPoint.
Highly motivated, intuitive and possess initiative to identify potential process improvements.
Previous exposure to a diverse and international work environment.
Familiarity with the various US, EU and APAC regulatory regimes applicable to the banking industry. Knowledge of cash management, investment banking and corporate banking or some experience with the corresponding banking business will be a plus.
Fluent speaking and writing abilities in English is a must. Mandarin speaker a plus but not essential.