VP- AML/ KYC, Corporate Banking

Our client, an esteemed regional corporate bank, is looking for VP- KYC/ AML Controls under middle office. This incumbent will be reported to the department head directly.

Responsibilities:

• Supervise a team to perform account maintenance and trigger events by KYC reviews to ensure full compliance with rules and regulations
• Administer on-going KYC review maintenance of account documentation and other account servicing functions
• Ensure quality of KYC review by verifying completeness and validity of CDD documents and appropriateness of AML/CFT risk assessment. Communicate the results to internal and external stakeholders, in particular BUs and Compliance. Ensure approvals as stipulated in the AML/CFT policies and procedures are obtained
• Identify process and control deficiencies and enhance respective risk mitigating control procedures
• Formulate, implement and review Policy and Procedures on regulatory compliance of customer account and administration
• Rectify deficiencies identified by Group Audit, Risk, Compliance, Regulators, or self-assessment.
• Escalate suspicious / key AML risk identified to the appropriate personnel (e.g. Head of AML / KYC control team, Head of CFS, BU Heads, AML Compliance) where applicable
• Acting as project manager of AML /CFT related projects. Ensure projects are implemented in accordance with defined timeline, aligned with group policies & practice as well as compliance with group and local regulatory requirements

Requirements:

• University graduated in Finance, Business Administration or relevant disciplines.
• Minimum 8 years' relevant experience in KYC and client due diligence gained from wholesales banking business with at least 3 years in managerial position.
• Holder of Certificate of Anti-Money Laundering Professional (CAMLP) or equivalent
• Well versed in AML & KYC regulatory requirements and practice
• Excellent analytical, problem solving and decision making skills
• Excellent communication and interpersonal skills.
• Fluency in written and spoken English and Chinese