At a Glance
- Tasks: Ensure compliance with AML, KYC standards while monitoring banking operations.
- Company: Join the Bank of China, a leading international bank with over 90 years in the UK.
- Benefits: Enjoy flexible benefits, complimentary lunch, and retail discounts.
- Other info: Diverse and inclusive workplace with continuous learning and development opportunities.
- Why this job: Make a real impact in financial crime compliance and grow your career.
- Qualifications: Degree in Finance or related field; experience in AML, KYC, and CDD required.
The predicted salary is between 45000 - 55000 £ per year.
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.
Key responsibilities
- 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.
Requirements
- 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.
Senior Associate Customer Due Diligence - Mandarin Speaking in London employer: Placeholder Commercial Real Estate Platform
Join a dynamic and innovative commercial real estate platform in London, where we prioritise exceptional service delivery and team performance. As a Payroll Team Lead, you will benefit from a generous holiday allowance and private healthcare, while working in a supportive culture that values mentorship and employee growth. This is an excellent opportunity to make a meaningful impact in a collaborative environment that champions both client satisfaction and team development.
Contact Details:
Placeholder Commercial Real Estate Platform Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate Customer Due Diligence - Mandarin Speaking in London
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We think you need these skills to ace Senior Associate Customer Due Diligence - Mandarin Speaking in London
Some tips for your application 🫡
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How to prepare for a job interview at Placeholder Commercial Real Estate Platform
✨Brush Up on Financial Analysis Skills
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