Business Risk Consultant with International Private Bank under Business Unit. Reporting to both business team and the risk team
Responsibilities:
Perform comprehensive KYC reviews on new and existing corporate clients in accordance with established policies, procedures, and regulatory guidelines.
Conduct customer due diligence (CDD) checks, including identity verification, beneficial ownership assessment, and risk profiling.
Analyze and assess client documentation, financial statements, and transaction patterns to identify potential money laundering, fraud, or other suspicious activities.
Collaborate with internal stakeholders, such as Relationship Managers, Compliance, and Legal teams, to gather necessary information and clarify any KYC-related issues.
Ensure accurate and complete documentation of KYC records, including maintaining client files and updating relevant systems.
Keep up-to-date with changes in regulatory requirements and industry best practices related to KYC and anti-money laundering (AML) compliance.
Investigate and resolve any KYC-related issues or discrepancies, escalating complex cases to management when necessary.
Requirements:
Bachelor's degree in Finance, Business Administration, or a related field.
Minimum of 2-4 years of KYC experience within a corporate banking environment.
Strong knowledge of KYC and AML regulations, guidelines, and industry best practices.
Familiarity with Hong Kong regulatory frameworks, including HKMA and SFC requirements, is highly desirable.
Experience in conducting CDD reviews, including beneficial ownership assessment and risk profiling.
Excellent analytical skills with the ability to identify potential risks and suspicious activities.
Proficient in using KYC tools, databases, and systems.
Professional certifications such as ACAMS (Association of Certified Anti-Money Laundering Specialists) or ICA (International Compliance Association) are advantageous.
