Join our world class franchise where you will be a part of a great team with a winning culture, empowered to serve our customers with high-quality set of products and services maintaining the highest standards of operational excellence.
As an Analyst within the Commercial & Investment Bank (CIB) Wholesale KYC Operations - Production team, you ensure compliance with procedures and practices set by the CIB KYC policy team by adhering to KYC and due diligence activities. You are responsible for conducting reviews of clients' KYC documentation stored in internal repositories and publicly available information, performing necessary screenings against relevant search engines and sanction lists, and communicating any deficiencies back to the business. You will work closely with the Middle Office team to ensure KYC due diligence activities are completed on time.
Job responsibilities
- Liaise with the Middle Office on client onboarding/sales for required documents and sign-off
- Review client’s KYC documentation in accordance with the firm's AML/KYC policies and procedures on a timely basis
- Validate the accuracy of data in KYC platforms and ensure the completeness of the document package
- Complete onboarding efforts and projects to clean up data and documentation, coordinating with other areas as needed (Client Onboarding, Compliance, Sales, Client Service).
- Act as an Subject Matter Expert (SME) and Due Diligence expert to guide the Middle Office through KYC requirements and variations of documents that may fulfill due diligence requirements
- Conduct in-depth analysis on the ownership structure of the client using publicly available sources (not limited to company registries) or client documentation, and seek additional confirmation or approvals as required
- Work closely with the Middle Office to obtain all necessary supporting evidence for full KYC due diligence
- Manage personal workload and priority items, ensuring timely escalation of key risks/issues to management
- Stay informed of any changes to processes and procedures, regulatory changes, and ensure open verbal dialogue with colleagues across the region
- Identify and execute process improvements, providing guidance and support on key process and technology initiatives to the business
Required qualifications, capabilities, and skills
- At least 1 year of experience (Audit, Control, Risk, AML, and Research may also be areas of experience)
- Strong working knowledge of KYC/Compliance/AML procedures, standards, and regulations
- Knowledge of multiple client types (e.g., Corporates, SPV, Trust, FIs)
- Experience in client Due Diligence, risk assessment, and vetting of PEP & negative news
- Knowledge of financial industry with in-depth expertise in various lines of business (Corporate Investment Bank and heritage lines of business)
- Strong verbal and written communication skills
- Strong time management, organizational, and relationship-building skills
- Quality client focus with a strong controls mindset and customer service skills
- Prior experience adhering to controls and compliance standards
- Ability to grasp and learn concepts and procedures quickly
- Bachelor’s degree or equivalent
Preferred qualifications, capabilities, and skills
- Knowledge of KYC & Client onboarding is preferred
- Multi language capability in either Mandarin/Japanese/Korean language (written and spoken) as the role requires interactions with the APAC stakeholders
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
