Compliance Officer (1 Year Contract) Compliance Officer (1 Year Contract) …

Bank of Singapore
in Hong Kong
Contract, Full time
Last application, 21 Jan 21
Competitive
Bank of Singapore
in Hong Kong
Contract, Full time
Last application, 21 Jan 21
Competitive
The AML Compliance Officer has the responsibility of managing and maintaining the Bank’s regulatory obligations relating to money laundering and terrorist financing activities.

The AML Compliance Officer has the responsibility of managing and maintaining the Bank’s regulatory obligations relating to money laundering and terrorist financing activities.

The AML Compliance Officer will ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence requirements during the life cycle of client relationships. 

The AML Compliance Officer will own the end to end review process of existing clients by gathering of client KYC documents and make independent recommendations regarding AML risk at a client level.

The AML Compliance Officer is expected to stay current with all regulatory changes and requirements around client KYC/ CDD, documentation and AML/ CFT controls.

 

MAIN DUTIES

  • Mange and ensure client due diligence check and undertake quality review of Clients’ KYC in accordance with all legislations, regulations and bank policies/ procedures
  • Assist with the management of a compliance sign-off process
  • Liaise with frontline, business management and management to facilitate the workflows for client review process
  • Carry out trigger event review for existing clients in a timely manner
  • Ensure all KYC documentation and evidence are in good orders
  • Identify and inform of any changes to legislation and other regulatory requirements relating to AML/CTF
  • Ensure consistent and timely feedback on cases that have been escalated
  • Provide relevant compliance reporting
  • Ensure detailed and prompt escalation of all AML/CTF incidents and cases
  • Aid in training

WORKING EXPERIENCE AND REQUIREMENTS

  • 2-3 years’ experience working in client onboarding related area in financial institutions (private banking industry preferred)
  • With strong AML/ KYC/ CDD knowledge
  • Experience of implementing compliance programs
  • Team player with the ability to work unsupervised
  • Good analytical and investigative skills
  • Experience in auditing a distinct advantage
  • Good understanding of regulatory requirement
  • Willingness to work on various compliance issues
  • Must be able to adapt to working in a fast-paced environment
  • Excellent verbal and written communication skills
  • Exceptional presentation skills
  • Strong organization skills and attention to detail
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint)

EDUCATION REQUIREMENTS

  • Bachelor’s degree in related discipline   
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