At a Glance
- Tasks: Monitor transactions, conduct customer due diligence, and ensure compliance with regulations.
- Company: Join a leading banking firm focused on business and risk control.
- Benefits: Competitive salary, office-based role, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace culture with excellent career advancement opportunities.
- Why this job: Make a real impact in the finance sector while using your Mandarin skills.
- Qualifications: Fluent in Mandarin and English, with experience in AML/KYC/CDD.
The predicted salary is between 40000 - 50000 £ per year.
The Skills You’ll Need:
- Fluent in Mandarin and English, relevant experience in AML/KYC/CDD.
To be successful in this role our client has said it is essential that candidates:
- have Mandarin spoken and written at a native level
- have AML/KYC/CDD experience in Banking or Finance in the UK
What You’ll be Doing:
- Conduct daily transaction monitoring to identify potential money laundering trends and red flags
- Complete Customer Due Diligence (CDD) reviews for existing clients within the required timeframe and ensure the quality of reviews conducted
- Ensure all CDD reviews meet the standards of the Financial Crime and Compliance department and maintain a consistent approach; liaise with the Financial Crime & Compliance department regarding any differences or discrepancies
- Liaise with internal teams regarding any discrepancies or additional information required
- Resolve customer queries and issues promptly
- Authorise daily transactions and ensure operations comply with internal policies and regulations
- Liaise with customers regarding Source of Wealth (SOW) and Source of Funds (SOF) as part of the ongoing CDD reviews
- Ensure clear communication with customers to gather required information for compliance purposes
- Assist in process improvements to enhance the efficiency and effectiveness of compliance monitoring
- Assist the Team Leader in handling complex cases, audits, and other operational challenges as needed
- Undertake any other tasks assigned by the Head or Deputy Head of Banking Department
The Skills You’ll Need to Succeed:
- Degree educated in Finance, Economics, Accounting, Business or Law
- Relevant experience in conducting corporate CDD reviews
- Understanding of regulations such as FATCA, JMLSG, AML, and FCA
- Familiarity with AML investigations, particularly Suspicious Activity Reporting (SAR) processes
- Experience in Operational Risk assessments, including risk identification, analysis and mitigation
- Proficiency in AML/KYC/CDD processes, including Client Onboarding, Periodic Reviews, or remediation projects
- ACAMS and ICA certifications are desirable, but not essential
- Solid expertise in customer service and resolution management
- Excellent English and Mandarin writing and verbal communication skills
Banking Job - Mandarin speaking Officer - Business & Risk Control - London - ww employer: First People Recruitment
At People First, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to employee growth is reflected in our comprehensive training programmes and opportunities for career advancement, particularly in the Banking sector. With a focus on diversity and inclusion, we foster a supportive culture where every team member's contributions are valued, making it a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Job - Mandarin speaking Officer - Business & Risk Control - London - ww
✨Tip Number 1
Network like a pro! Connect with professionals in the banking and finance sector on platforms like LinkedIn. Don’t be shy to reach out for informational chats; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by practising common questions related to AML/KYC/CDD. We recommend role-playing with a friend or using online resources to get comfortable discussing your experience and skills in Mandarin and English.
✨Tip Number 3
Showcase your language skills! If you're fluent in Mandarin, make sure to highlight this in conversations and during interviews. It’s a huge asset in this role, so don’t hold back!
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We’ve got loads of Mandarin-speaking roles, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Banking Job - Mandarin speaking Officer - Business & Risk Control - London - ww
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in AML/KYC/CDD and showcases your fluency in Mandarin and English. We want to see how your skills match the job description, so don’t hold back!
Showcase Relevant Experience:When writing your application, focus on your previous roles in Banking or Finance. We’re looking for specific examples of how you’ve conducted CDD reviews or handled compliance issues.
Keep It Professional:Even though we’re informal, your written application should still be professional. Use clear language and check for any typos or grammatical errors before hitting send!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at First People Recruitment
✨Brush Up on Your AML/KYC Knowledge
Make sure you’re well-versed in Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Review the latest guidelines and be prepared to discuss how you've applied these in your previous roles, especially in relation to Customer Due Diligence (CDD).
✨Showcase Your Language Skills
Since this role requires fluency in Mandarin and English, practice speaking and writing in both languages. Be ready to demonstrate your language proficiency during the interview, perhaps by discussing a relevant case or scenario in Mandarin.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world situations. Think of examples from your past experience where you identified potential money laundering trends or resolved customer queries effectively, and be ready to share these stories.
✨Understand the Company’s Compliance Culture
Research the company’s approach to compliance and risk management. Familiarise yourself with their values and any recent news related to their operations. This will help you align your answers with their expectations and show that you’re genuinely interested in the role.
