Job Description

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 a Senior Associate - CDD Quality Control, you will be responsible for providing specialist support to a number of departments within the Bank in the areas of Anti Money Laundering (AML), sanctions, compliance, regulatory matters and financial crime. This is a full time permanent position.

Key responsibilities

Complete Periodic and Event Driven (Trigger Reviews) reviews of the existing clients Conduct Sanction Screening, Transaction Monitoring, Adverse Media Screening and PEP Checks Be responsible for the investigation of Client Ownership structures to determine the Ultimate Beneficial Owners Review assessment of Client MiFID classifications Establish a professional and mutually beneficial working relationship with the frontline to enhance clients' experience Conduct 4-eye checks as a means of quality control Provide effective, detailed feedback to CDD Analysts on cases Keep accurate records and Management Information (MI) on clients Complete customer files to agreed standards and to the Bank's CDD policies and procedures Ensure that tasks are completed in a timely fashion and as efficiently as possible Work closely with CDD managers to improve overall work quality and efficiency Contribute to the improvement of policies and processes Support with ad-hoc requests as and when needed

Requirements

Degree educated in Business, Finance or other relevant subject Demonstrated AML/KYC/CDD experience within large corporates and financial institutions onboarding, periodic reviews or remediation projects within the Banking industry Experience in analysing complex ownership structures (e.g. SPV's, Hedge Funds, Trusts) Experience in using different screening tools and platforms Good technical understanding of the current UK and International KYC and AML rules and regulations Excellent communication skills with the ability to interact confidently with peers, Management, frontline and other stakeholders Fluency in Mandarin is a plus but not essential Proficient in Microsoft Office (Excel, Word and PowerPoint) Ability to adapt to different situations Attention to detail Critical thinking and investigative skills Team player who is able to use their own initiative and work with autonomy

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.