ASSO/AVP, KYC Due Diligence Officer, Internal Control and Legal & Compliance

The Role

ASSO/AVP, KYC Due Diligence Officer, Internal Control and Legal & Compliance

Key Accountabilities

• Participate in the development and implementation of new KYC operational procedures and workflows;
• Advise the Front Office on the account opening requirements, ensuring compliance with the firm's KYC standards and regulatory requirements;
• Conduct independent reviews of account opening / onboarding, periodic reviews, trigger event reviews and customer lifecycle management activities, to ensure accuracy and completeness of information obtained, which include:
  • Account opening and KYC documentation;
  • Source of wealth plausibility and corroboration (when necessary);
  • Name screening results; and
  • Customer risk assessment.
• Submit high risk customer profiles to AML Compliance for 2nd level review and approval;
• Collaborate with Front Office, Middle Office, IC&LCD, Business Operations and other stakeholders to ensure timely and effective execution of account opening / onboarding, CDD, FATCA and CRS requirements;
• Maintain MIS dashboards to monitor the progress of account opening / onboarding, periodic review, trigger event reviews, backlogs and remediation projects;
• Identify control weaknesses during the course of KYC/CDD reviews and escalate them to the Team Head and Senior Management for follow-up action;
• Participate in KYC/CDD related projects and the AML-EYE system development;
• Collaborate with cross-functional teams on digital transformation projects to enhance operational efficiency of the BOCI Group;
• Perform ad-hoc tasks as assigned.

Skills & Experience

• Degree holder of Law / Accounting / Finance or other related disciplines;
• Minimum 4 years relevant working experiences in CDD/KYC or AML Compliance (job grade depends on experience)
• Candidate with 2 years of full time working experience in Hong Kong or overseas is considered as an advantage;
• Relevant industry qualifications in Anti-Money Laundering (ACAMS or CAMLP) preferred;
• Strong knowledge of Hong Kong regulatory regime, especially CDD/KYC requirements and standards. Preferably from investment and corporate banking services aspects;
• Strong team player who is highly motivated, independent and able to work under pressure and tight timelines;
• Proven experience in digital transformation initiatives;
• Proficiency in data analytics and knowledge of AI applications in compliance is a plus;
• Proficient in Cantonese, Mandarin and English.

Other Information

• Please apply in strict confidence with full resume, academic record, current and expected salaries;
• The personal data provided will be used for consideration of recruitment only. All personal data of unsuccessful candidate will be destroyed within 24 months;
• Candidates with Enhanced Competency Framework (ECF): please state on the CV.

About BOCI

As a leading investment bank in China and Hong Kong region, the investment banking arm of Bank of China, BOC International Holdings Limited (“BOCI”), is now seeking highly motivated, creative and success-oriented professional who would like to pursue the career for supporting our group.