Assistant Vice President, Customer/Enhanced Due Diligence (CDD/ EDD) - Foreign Corporate & Private B

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 bank’s & 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 [email protected] . For a confidential discussion about this role & other corporate banking openings please contact Alex CHEUNG at +852 2121 1418 .