Our client is a well-established & expanding Corporate & Private Bank in Hong Kong. They are currently looking for a Assistant Vice President, CDD/EDD (Financial Crime Compliance, Second Line) to expand their business capacity in Hong Kong in order to strengthen their AML & internal control capability.
Responsibilities
- Complete Enhanced Due Diligence (EDD) reviews on high risk individuals and corporate clients to determine risk rating profile
- Coach & assist junior teammate on Enhanced Due Diligence/ Customer Due Diligence related duties
- Analyze data and results of existing transaction monitoring reports to determine if further investigation is required
- Reviews results from third-party vendors regarding authentication of identification on individuals and businesses, OFAC and government list, closed for cause, etc.
- Perform analysis on documents and provide reports for management review
- Follow-up with account opening team officer for any missing documentation to fulfill the banks & regulatory requirements
- Collaborate with different department on resolving escalated issue
- Assist on providing relevant documents & information to law enforcement officials upon request
- Stay up to date and knowledgeable on AML/OFAC regulatory requirements
Requirements
- Degree or above
- 8 years + Banking Financial Crime Investigations, Money Laundering Monitoring and/or other related CDD (Customer Due Diligence) / EDD (Enhanced Due Diligence) experience
- Prior hands on experience in reviewing complex high risk client cases would be highly preferable
- Relevant qualifications in AML/ CDD/ EDD would be an advantage (i.e. CAMS certification preferred)(Can reimburse certification studies & fees)
To apply online please click the 'Apply' button or send your profile to alex.cheung@ignite-recruitment.com . For a confidential discussion about this role & other corporate banking openings please contact Alex CHEUNG at +852 2121 1418 .