At a Glance
- Tasks: Ensure compliance with AML, KYC standards and conduct customer due diligence.
- Company: Dynamic banking institution in Central London with a focus on customer service.
- Benefits: Competitive salary, full-time hours, and opportunities for career growth.
- Other info: Inclusive workplace culture welcoming diverse candidates.
- Why this job: Join a vibrant team and make a real impact in financial compliance.
- Qualifications: Fluent Mandarin, degree in Finance or related field, and relevant compliance experience.
The predicted salary is between 45000 - 55000 £ per year.
Depending on experience
Permanent
Central London
Ref: 23492
Your New Salary: Depending on experience
Office based
Start: ASAP
Working hours: 35 hours per week
About the role
The Banking department's main responsibility is to deliver excellent customer service as well as market and promote products and services that the Bank offers to its customers whilst adhering to Head Office's and regulatory bodies' requirements. As a Senior Associate Customer Due Diligence - Mandarin Speaking, you will be responsible for ensuring compliance with AML, KYC and regulatory standards through effective monitoring and risk controls. You will conduct CDD, oversee banking operations and support regulatory reporting requirements, while driving operational excellence. This is a full time permanent position.
Mandarin speaking Senior Associate Customer Due Diligence - What You'll be Doing:
- Conduct daily transaction monitoring to ensure alerts are effectively managed
- Identify potential money laundering trends and red flags to determine whether further investigations are required
- Complete 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 relevant 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
- Provide guidance in resolving complex or infrequent processes and operational challenges
- Undertake any other tasks when required
Mandarin speaking Senior Associate Customer Due Diligence - The Skills You'll Need to Succeed:
- Degree educated in Finance, Economics, Accounting, or other relevant subject
- Relevant experience within Financial Services, ideally Banking
- Demonstrated experience in AML, KYC and CDD, including client on-boarding, periodic reviews or remediation projects
- Experience in analysing complex corporate customer ownership structures
- Comprehensive understanding of Banking operations is preferred
- Knowledge in relevant legislations such as FATCA, JMLSG, AML and FCA
- Proficient understanding of GDPR requirements
- Knowledge of regulatory, legislative requirements and best practices for financial crime compliance, including sanctions, fraud, AML/CTF, ABC and other related areas
- Excellent English and Mandarin communication skills
- Attention to details
- Analytical skills
- Problem solving skills
People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.
Banking Job - Mandarin speaking Senior Associate Customer Due Diligence - London - iw employer: People First Recruitment
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StudySmarter Expert Advice🤫
We think this is how you could land Banking Job - Mandarin speaking Senior Associate Customer Due Diligence - London - iw
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like People First Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Banking Job - Mandarin speaking Senior Associate Customer Due Diligence - London - iw
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to People First Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on People First Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at People First Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with People First Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at People First Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former People First Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
