Job Summary:

Reporting to VP, Business Management Unit (BMU) of Wholesale Banking Group (WBG), the job holder provides support to all KYC matters relating to WBG including AML risk assessments.  The role is responsible for managing the end-to-end processing and control of customer due diligence reviews (periodic and triggering event reviews) according to internal regulatory policies and guidelines. The job holder is required to work closely with RMs and Compliance to ensure assessments adhere to bank standard and provide advisory support to RMs.

The job holder also actively participates in projects relating to KYC components to safeguard WBG’s interest.

Responsibilities:

Compliance Management

• Conduct thorough customer due diligence reviews on FI-Banks and Corporate customers in accordance with regulatory and internal policies.
• Act as a checker and provide guidance to junior team members
• Perform transaction review for vostro accounts as part of periodic/trigger event review on Corresponding Banking relationships
• Handles reverse KYC requests for nostro account opening
• Track and manage for appropriate sign-off of reviews by RMs and Team Heads, and as relevant Compliance and Head of WBG
• Provide reasonable assurance of compliance with applicable regulatory and internal/ Group requirements, policies and procedures
• Provide advisory support on regulatory and operational issues and process in relation to KYC/ AML matters
• Conduct compliance awareness/ reporting/ self-assessment/ training programs and drive communication regarding regulatory updates and risk procedures.

Project Management

• Drive or contribute to the implementation and execution of compliance related project and system or process enhancement
• Identify and lead necessary improvement in risk control

Requirement:

• University degree in business, finance, accounting, or other relevant disciplines
• Compliance related certifications
• Minimum 5 years’ relevant compliance experience in corporate banking
• Exposure to Bank FI KYC experience is preferred
• Familiarity with Vostro accounts and related transaction review processes is a plus 
• Proficient in MS Office applications
• Professional presentation and report writing skills
• Well versed with banking and regulatory requirements (e.g. Code of Banking Practice)
• Independent and with strong compliance sense
• Good analytical and communication skills