£30K/yr to £35K/yr
London, England
Permanent, Variable

Mandarin speaking KYC Onboarding Officer

Posted by People First.

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Ref: 22755

Job Title - Mandarin speaking KYC Onboarding Officer

The Skills You'll Need: Fluent in Mandarin and English, relevant experience in a bank, preferably an international wholesale bank.

Your New Salary: Depending on experience

Hybrid, WFH 1 day/week

Perm

Start: ASAP

Mandarin speaking KYC Onboarding Officer - What You'll be Doing:

  • Carry out CDD on new customers, collating information and documentation that complies with UK regulatory and legal requirements and identifying and verifying KYC documents.
  • Undertake risk assessments and/or reviews of risk assessments on both new and existing customers.
  • Ensure that internal SDD, CDD and EDD requirements are adhered to; resolve any gaps in due diligence by proactively liaising with stakeholders including relationship managers and customers.
  • Maintain customer CDD files, ensuring that the information therein is up to date; maintain the new and existing customer spreadsheet; populate customer data via internal systems or other data repositories as and when required.
  • Identify any key risks and AML red flags and escalate them according to internal policies and procedures.
  • Carry out/review customer screening activity and evaluate any matches (including PEPs') taking the necessary action under UK Money Laundering Regulations and Sanction Screening legislation if required.
  • Operate in line with the London Branch relevant compliance policies and procedures and risk management framework, ensuring timely escalation of any concerns to their line manager, compliance and risk management. Assist to produce a monthly report on new, amended and exited customer relationships for the Management Committee and a quarterly report for the Risk and Compliance Committee.
  • Undertake general support of the Front Office function, such as re-fixing interest rate, inputting Financial Annual Report, monitoring PR/NPR status, etc.
  • Perform any ad-hoc duties allocated by their line manager.

Mandarin speaking KYC Onboarding Officer - The Skills You'll Need to Succeed:

  • Fluency in English and Mandarin is a must.
  • Bachelor degree or equivalent in economics, accounting, finance, business or legal.
  • Relevant experience in a similar role, preferably within an overseas wholesale bank in London.
  • Basic understanding and experience of AML, Terrorist Financing, KYC, SDD, CDD and EDD, Sanctions within the UK financial services and regulatory environment.
  • Demonstrable knowledge and understanding of corporate structures and ability to carry out risk assessments
  • Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, etc.)
  • Ability to effectively prioritise work.

Please view all our Team China jobs at www.people-first.co.uk

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We would be grateful if you could send your CV as a Word document. 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 is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.

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