ASSO/AVP, KYC Due Diligence Officer, Internal Control and Legal & Compliance

BOC International Holdings Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

BOC International Holdings Limited is seeking an ASSO/AVP, KYC Due Diligence Officer to support Internal Control and Legal & Compliance in Hong Kong. The role focuses on implementing KYC procedures, advising Front Office on account opening requirements, and conducting thorough reviews of customer onboarding and lifecycle activities.

The ideal candidate will have strong data analytics, AML/KYC experience, and fluency in Cantonese, Mandarin, and English.

Qualifications

• Degree in law, accounting or finance with strong analytical skills.
• Experience in KYC/CDD or AML compliance is required.
• Familiarity with Hong Kong regulatory regime related to CDD/KYC.

Responsibilities

• Support development and implementation of KYC procedures and workflows.
• Advise Front Office on account opening requirements per KYC standards.
• Review onboarding, periodic reviews, triggers and customer lifecycle for accuracy.
• Submit high risk profiles for second level AML review.
• Collaborate with stakeholders to ensure timely CDD/AML compliance.
• Maintain MIS dashboards tracking onboarding progress and backlogs.
• Identify control weaknesses and escalate to management.
• Participate in AML-EYE system development and digitalisation projects.
• Work with cross-functional teams to enhance operational efficiency.

Skills

Data analytics

Compliance awareness

Multilingual communication

Team collaboration

Education

Bachelor's degree in Law / Accounting / Finance

Job description

ASSO/AVP, KYC Due Diligence Officer, Internal Control and Legal & Compliance

ASSO/AVP, KYC Due Diligence Officer, Internal Control and Legal & Compliance

Key Accountabilities

• Participate in the development and implementation of new KYC operational procedures and workflows;
• Advise the Front Office on the account opening requirements, ensuring compliance with the firm's KYC standards and regulatory requirements;
• Conduct independent reviews of account opening / onboarding, periodic reviews, trigger event reviews and customer lifecycle management activities, to ensure accuracy and completeness of information obtained, which include:
  • Account opening and KYC documentation;
  • Source of wealth plausibility and corroboration (when necessary);
  • Name screening results; and
  • Customer risk assessment.
• Submit high risk customer profiles to AML Compliance for 2nd level review and approval;
• Collaborate with Front Office, Middle Office, IC&LCD, Business Operations and other stakeholders to ensure timely and effective execution of account opening / onboarding, CDD, FATCA and CRS requirements;
• Maintain MIS dashboards to monitor the progress of account opening / onboarding, periodic review, trigger event reviews, backlogs and remediation projects;
• Identify control weaknesses during the course of KYC/CDD reviews and elevate them to the Team Head and Senior Management for follow-up action;
• Participate in KYC/CDD related projects and the AML-EYE system development;
• Collaborate with cross-functional teams on digital transformation projects to enhance operational efficiency of the BOCI Group;
• Perform ad-hoc tasks as assigned.

Skills & Experience

• Degree holder of Law / Accounting / Finance or other related disciplines;
• Minimum 4 years relevant working experiences in CDD/KYC or AML Compliance (job grade depends on experience)
• Candidate with 2 years of full time working experience in Hong Kong or overseas is considered as an advantage;
• Relevant industry qualifications in Anti-Money Laundering (ACAMS or CAMLP) preferred;
• Strong knowledge of Hong Kong regulatory regime, especially CDD/KYC requirements and standards. Preferably from investment and corporate banking services aspects;
• Strong team player who is highly motivated, independent and able to work under pressure and tight timelines;
• Proficiency in data analytics and knowledge of AI applications in compliance is a plus;
• Proficient in Cantonese, Mandarin and English.

Other Information

• The personal data provided will be used for consideration of recruitment only. All personal data of unsuccessful candidate will be destroyed within 24 months;

About BOCI

As a leading investment bank in China and Hong Kong region, the investment banking arm of Bank of China, BOC International Holdings Limited (“BOCI”), is now seeking highly motivated, creative and success-oriented professional who would like to pursue the career for supporting our group.