Associate, Client Onboarding, Equity Derivatives

CITIC Securities International Company Limited; Hong Kong; On-site; HKD 520,000 - 760,000; Full time

Job summary

CITIC Securities International Company Limited in Hong Kong is seeking a KYC/AML specialist to support client account opening within the Equity Derivatives Department. You will manage the KYC workflow, perform due diligence checks, and coordinate with internal teams to ensure compliance with AML/CFT regulations.

The role requires 4+ years in account-opening processes, strong English and Cantonese communication, and familiarity with screening systems.

Qualifications

• 4+ years of account-opening and related processes experience.
• Degree holder in business/finance or related field.
• Excellent communication in English and Cantonese (written and spoken).
• Familiarity with name screening systems such as World-Check One is advantageous.
• Knowledge of HK regulatory requirements including SFC for professional investors is desirable.

Responsibilities

• Own end-to-end KYC workflow for client account opening.
• Ensure onboarding complies with AML/CFT regulations and guidelines.
• Liaise with Sales, Middle Office, Compliance, FATCA, and clients on KYC documentation.
• Perform verification to ensure documents meet Customer Identification Program.
• Escalate exceptions to COO EQD, Regional Head of AML or Group Head of Compliance as needed.
• Maintain a current database of client information and vetting materials.
• Coordinate with Legal, Credit and counterparties on ISDA/GMRA/GMSLA documentation.

Education

Degree in business or finance

Tools

World-Check One

Job description

• Self-motivated
• Desire to be challenged and eager to learn
• Ensure that the onboarding and review requirements

Position Description

This role sits with Equity Derivatives Department (EQD) and provides support with regards to Client Account Opening and AML/KYC checks related to the business.

Key Areas of Responsibilities

• Responsible for the Know Your Customer (KYC) workflow process for end-to-end client account opening.
• Ensure that the onboarding and review requirements are in compliance with Anti-Money Laundering (AML) Tax evasion and Countering the Financing of Terrorism (CFT) regulations and guidelines.
• Primary point in liaising with the internal stakeholders such as Sales, Middle Office, Compliance, FATCA team and clients on KYC documentation collection.
• Perform verification checks to ensure that all documents submitted meet the defined Customer Identification Program. Draft and obtain approvals for Politically Exposed Persons and special cases deviating from the CITIC CLSA Group AML and CFT Policy when necessary.
• Resolve any issues arising from the screening processes in a professional and efficient manner. Timely escalation of exceptions needs to be made to Chief Operating Officer EQD, Regional Head of AML or Group Head of Compliance when necessary.
• Maintain a current database of all information, documents, financial reports, and news on our accounts for Compliance vetting, Legal and Internal Audit.
• Coordinate with internal stakeholders i.e. Legal, Credit and counterparty on ISDA/GMRA/GMSLA agreement negotiation including execution paperwork.

Requirements

• Degree holder in business, finance or relevant academic background
• Excellent communication skills with good command in written and spoken English and Cantonese
• 4+ years of account-opening and related processes experience is required
• Knowledge of financial markets and derivative instruments, anti-money laundering regulations and SFC requirements around Hong Kong Professional Investors is desirable
• Familiarity with World Check One or comparable name screening system will be an advantage
• Attentive to details, diligent, independent and able to work under pressure
• Self-motivated, desire to be challenged and eager to learn