Job Description

Operations Services - Financial Crime Operations department is responsible for ensuring that all financial crime risks in Bank of China (UK) Limited and Bank of China Limited London Branch (jointly referred to as the Bank) are identified, managed or mitigated within the first line of defence (1LoD). A key component of the department's coverage is responsibility for the Bank's operational adherence to the UK regulatory requirements, namely with regards to Customer Due Diligence (CDD), Fraud Prevention and Management, Sanctions Screening, Transaction Monitoring and the provision of adequate training and support to the front line business. As an Associate - Customer Due Diligence, you will be responsible to provide specialist support to multiple departments within Bank in the areas of Anti-Money Laundering, Sanctions, Compliance, Regulatory matters, and Financial Crime. This key role supports the Bank's front-line business units as part of the First Line of Defence. This is a full time permanent position.

Key responsibilities

Perform CDD (Customer Due Diligence) activities in accordance with the Bank's policies and procedures, ensuring customer files are completed to agreed standards Assess and onboard new clients, including reviewing client MiFID classifications Conduct periodic reviews and event-driven (triggered) reviews of existing clients Carry out PEP (Politically Exposed Persons), sanctions, and news searches Investigate client ownership structures to determine Ultimate Beneficial Owners (UBOs) Maintain accurate records and management information on clients Establish professional and mutually beneficial relationships with front-line teams to enhance client experience Ensure all tasks are completed efficiently and within required timelines Adhere to proper standards of market conduct at all times Participate in projects and other ad hoc activities when required

Requirements

Degree educated in Finance, Business or other equivalent AML, KYC and CDD experience in non-personal client onboarding and periodic reviews Experience in Banking is preferred Understanding of the UK regulatory environment relevant to financial crime compliance Experience using different screening tools and platforms is ideal Critical thinking and investigative mindset Methodical, analytical, and detail-oriented Excellent communication skills with ability to engage effectively with front-line teams and other stakeholders Team player with the ability to work independently Adaptable to change and different situations

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.