Position Description
This role sits with Equity Derivatives Department (EQD) and provides support with regards to Client Account Opening
and AML/KYC checks related to the business.
Key Areas of Responsibilities
• Responsible for the Know Your Customer (KYC) and Customer Due Diligence (CDD) workflow process for
end-to-end client account opening.
• Ensure that the onboarding and review requirements are in compliance with Anti-Money Laundering (AML)
Tax evasion and Countering the Financing of Terrorism (CFT) regulations and guidelines.
• Primary point in liaising with the internal stakeholders such as Sales, Middle Office, Compliance, FATCA team
and clients on KYC documentation collection.
• Perform verification checks to ensure that all documents submitted meet the defined Customer Identification
Program. Draft and obtain approvals for Politically Exposed Persons/Sanction Exposures/Adverse News and
special cases deviating from the CITIC CLSA Group AML and CFT Policy when necessary.
• Resolve any issues arising from the screening processes in a professional and efficient manner. Timely
escalation of exceptions needs to be made to Chief Operating Officer EQD, Regional Head of AML or Group
Head of Compliance when necessary.
• Maintain a current database of all information, documents, financial reports, and news on our accounts for
Compliance vetting, Legal and Internal Audit.
• Coordinate with internal stakeholders i.e. Legal, Credit and counterparty on ISDA/GMRA/GMSLA/EAM
and/or Distribution agreement negotiation including execution paperwork.
• Coordinate with Prime Services, Middle Office and Credit for post-account setup
Requirements
• Bachelor's degree holder in business and finance
• At least 1- 2 years of relevant working experience
• Excellent communication skills with good command in written and spoken English and Cantonese
• Working knowledge of account-opening and related processes is required
• Knowledge of financial markets and derivative instruments, anti-money laundering regulations and SFC
requirements around Hong Kong Professional Investors, MAS requirements around Singapore
Accredited Investors is desirable; Knowledge in other region's regulatory requirements is a plus
• Knowledge of Hedge Fund's structure and experience in handling HNWI is preferred
• Familiarity with World Check One or comparable name screening system will be an advantage
• Attentive to details, diligent, independent and able to work under pressure
• Self-motivated, desire to be challenged and eager to learn
Stay informed on CITIC CLSA Job Opportunities
Not the right fit? You can create a job alert to receive our latest job openings that meet your interest.
23589483