KYC Analyst 25-30k

Job Description

Business Risk Consultant with International Private Bank under Business Unit. Reporting to both business team and the risk team

Responsibilities:

• Perform comprehensive KYC reviews on new and existing corporate clients in accordance with established policies, procedures, and regulatory guidelines.
• Conduct customer due diligence (CDD) checks, including identity verification, beneficial ownership assessment, and risk profiling.
• Analyze and assess client documentation, financial statements, and transaction patterns to identify potential money laundering, fraud, or other suspicious activities.
• Collaborate with internal stakeholders, such as Relationship Managers, Compliance, and Legal teams, to gather necessary information and clarify any KYC-related issues.
• Ensure accurate and complete documentation of KYC records, including maintaining client files and updating relevant systems.
• Keep up-to-date with changes in regulatory requirements and industry best practices related to KYC and anti-money laundering (AML) compliance.
• Investigate and resolve any KYC-related issues or discrepancies, escalating complex cases to management when necessary.

Requirements:

• Bachelor's degree in Finance, Business Administration, or a related field.
• Minimum of 2-4 years of KYC experience within a corporate banking environment.
• Strong knowledge of KYC and AML regulations, guidelines, and industry best practices.
• Familiarity with Hong Kong regulatory frameworks, including HKMA and SFC requirements, is highly desirable.
• Experience in conducting CDD reviews, including beneficial ownership assessment and risk profiling.
• Excellent analytical skills with the ability to identify potential risks and suspicious activities.
• Proficient in using KYC tools, databases, and systems.
• Professional certifications such as ACAMS (Association of Certified Anti-Money Laundering Specialists) or ICA (International Compliance Association) are advantageous.