Cantonese speaking Due Diligence Assistant / Officer

Recruiter
People First Limited
Location
Covent Garden
Salary
£20-22k (Assistant) / £25-30k (Officer) + benefits
Posted
05 Oct 2017
Closes
02 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Job Title: Cantonese speaking Due Diligence Assistant / Officer Language: Fluent Cantonese and English Salary: £20-22k (Assistant) / £25-30k (Officer) + benefits Status: Permanent Location: Central London Summary: For Assistant: *Responsible for assisting Business Development Department to perform customer due diligence for new onboarding clients; conducting know-your-customer ("KYC") review for existing clients and preparing related reports covering customer profiles and risk assessment. For Officer: *Responsible for assisting Business Development Department to perform customer due diligence in compliance with the internal/regulatory procedure/guidelines; checking know-your-customer ("KYC") / account opening documents and review KYC report; and implementing account amendment and closure in compliance with the internal/regulatory procedure/guidelines. Key responsibilities (Assistant): *To complete KYC / account opening process in compliance with the internal/regulatory procedure/guidelines efficiently and effectively. *To check the accuracy and quality of information provided. *To collect, analyse and verify KYC / account opening information and documents in compliance with the internal/regulatory procedure/guidelines. *To identify financial crime risks triggers and carry out investigations via publicly available sources. *To monitor financial transactions for existing clients to identify suspicious activities and summarise relevant details. *To identify Ultimate Beneficial Owners ("UBO"), detect Politically Exposed Person ("PEPs") and utilize other screening databases. *To maintain a database and prepare control report for tracking of KYC review case completions. *To follow up on any irregularities/exceptions found in the process of KYC/Account opening and escalate to supervisor on a timely basis. *To follow up on implementation of account activities control / closure. *To communicate effectively with customers for completion of KYC tasks. Key requirements (Assistant): *University graduate. *Minimum of 1 year experience in the banking and financial services. *Proficient in MS Office (i.e. Excel, Word and PowerPoint). *Proficient in spoken and written English and Cantonese, Mandarin an advantage. *Strong analytical and presentation skills in the customer due diligence process. *Good communication, interpersonal and teamwork skills. *Experience in KYC process an advantage. Key responsibilities (Officer): *To control KYC / account opening process in compliance with the internal/regulatory procedure/guidelines efficiently and effectively. *To check the accuracy and quality of information provided. *To complete the set task and meet deadline. *To contribute to the implementation and controls for daily processes and assist with the update of procedures. *To collect, analyze, verify and keep proper record of KYC documentation, identify Ultimate Beneficial Owners ("UBOs") and Politically Exposed Persons ("PEPs"). *To identify and/or review any irregularity / exception found in the process of KYC review / account opening and escalate to management on a timely basis. *To mitigate integrity risks for the bank by contributing to the risk assessment and control of business relationships based on applicable regulations against money. laundering and terrorist financing, financial sanctions, and embargoes. *To comply with and follow up on applicable regulatory requirements in the prevention of financial crimes. *To communicate independently and professionally with external and internal clients and stakeholders on all KYC related matters. *To maintain a database for tracking of KYC review case completions and prepare / review relevant control reports for submission to the management. To work independently on end-to-end KYC due diligence processes, providing prompt advice / assistance to relevant businesses. *To support, coach and guide Customer Due Diligence Assistant. Key requirements (Officer): *University graduate. *Minimum of 3 years' experience in the banking industry and at least 1 year KYC experience. *Familiar with suspicious transaction/ sanctions monitoring systems. *Proficient in MS Office (i.e. Excel, Work and PowerPoint). *Proficient in spoken and written English and Chinese, Mandarin an advantage. *Good communication, interpersonal, customer service skills. *Strong analytical skills and strong risk awareness. *CISI Combating Financial Crime qualification an advantage. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation. People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. By applying for this job you accept our Terms and Privacy Policy which can be found on our website.
This job was originally posted as www.jobsite.co.uk/job/959261808