Job Description

Banking department's main responsibility is to deliver excellent customer service as well as market and promote products and services that the Bank offers to its customers whilst adhering to Head Office's and regulatory bodies' requirements. As a Senior Officer Business Risk & Control, you will be responsible to ensure compliance with Anti-Money Laundering (AML), Know Your Customer (KYC) and regulatory standards through effective monitoring and risk control. This is a full time permanent position.

Key responsibilities

Conduct daily transaction monitoring to identify potential money laundering trends and red flags Complete Customer Due Diligence (CDD) reviews for existing clients within the required timeframe and ensure the quality of reviews conducted Ensure all CDD reviews meet the standards of the Financial Crime and Compliance department and maintain a consistent approach; liaise with the Financial Crime & Compliance department regarding any differences or discrepancies Liaise with internal teams regarding any discrepancies or additional information required Resolve customer queries and issues promptly Authorise daily transactions and ensure operations comply with internal policies and regulations Liaise with customers regarding Source of Wealth (SOW) and Source of Funds (SOF) as part of the ongoing CDD reviews Ensure clear communication with customers to gather required information for compliance purposes Assist in process improvements to enhance the efficiency and effectiveness of compliance monitoring Assist the Team Leader in handling complex cases, audits, and other operational challenges as needed Undertake any other tasks assigned by the Head or Deputy Head of Banking Department

Requirements

Degree educated in Finance, Economics, Accounting, Business or Law Relevant experience in conducting corporate CDD reviews Understanding of regulations such as FATCA, JMLSG, AML, and FCA Familiarity with AML investigations, particularly Suspicious Activity Reporting (SAR) processes Experience in Operational Risk assessments, including risk identification, analysis and mitigation Proficiency in AML/KYC/CDD processes, including Client Onboarding, Periodic Reviews, or remediation projects Good understanding of Banking operations ACAMS and ICA certifications are desirable, but not essential Solid expertise in customer service and resolution management Excellent communication skills Mandarin communication skills is preferred Good English writing skills Good interpersonal skills Attention to details

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.