AVP, Specialist, Know Your Customer, Consumer Banking

China, Beijing Branch; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

DBS Consumer Banking Group in Hong Kong is seeking a seasoned compliance professional to lead KYC/AML due diligence and name screening for clients. You will validate sources of funds and wealth, and ensure alignment with HKMA and MAS regulations.

The role requires strong project management, communication with front office, and training for stakeholders. A focus on data analysis and management reporting will be routine.

Qualifications

• University graduate with at least 5 years of KYC/AML experience in Consumer Banking and Wealth Management.
• Strong understanding of regulatory requirements for KYC/AML (HKMA/MAS).
• Strong in project management, problem solving and interpersonal skills.
• Self-motivated, independent with ability to work in a team environment.
• Fluent in English and Chinese.
• Able to work under pressure and meet deadlines.
• Certifications in AML such as CAMS would be an advantage.

Responsibilities

• Perform EDD/CDD KYC due diligence and name screening; validate sources of funds/wealth.
• Implement updates to policies and communicate changes to front office and business teams.
• Review procedures to reflect regulatory changes and the Bank's CDD policy.
• Deliver training, briefings and advice on KYC/AML compliance to stakeholders.
• Conduct data analysis, prepare presentation decks and management reports.
• Support AML champion to resolve KYC/AML issues between FCSS, Front Office and supporting units.
• Drive continuous improvements to enhance quality and efficiency of outputs.
• Assist in ad-hoc KYC AML tasks and participate in UAT and system projects.

Skills

KYC/AML knowledge

English & Chinese

Project management

Stakeholder communication

Education

University graduate

Job description

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business - they were made just right for you.

Responsibilities

• Perform EDD/CDD KYC due diligence and name screening activities; Review client profiles and validate the source of funds/wealth of each customer with proper corroboration.
• Interpret and implement updates to internal policies, operating manuals, and checklists, effectively communicating changes to front office and business teams.
• Timely review and revise related procedures according to changes in regulatory requirements and the Bank's CDD policy.
• Deliver training, briefings, and advice to relevant CBG stakeholders, ensure compliance of KYC requirements and standards.
• Conduct data analysis, prepare presentation deck, and produce management reports.
• Support AML champion for CBG to resolve issues that arise from a KYC/AML perspective between FCSS, Front Office and Supporting Units.
• Recommend and drive continuous improvement initiatives to enhance the quality and efficiency of team outputs.
• Assist in ad-hoc assignments relating to KYC AML; Participate in any system enhancement UAT, and projects assigned.

Requirements

• University graduate with at least 5 years of KYC/AML experience in Consumer Banking and Wealth Management.
• Strong and comprehensive understanding of regulatory requirements pertinent to KYC/AML (ie HKMA and MAS).
• Strong in project management, problem solving skills and interpersonal skills.
• Self-motivated, independent, strong sense of ownership with ability to work in a team environment.
• Possess excellent proficiency in both English and Chinese.
• Able to work under pressure and tight deadlines
• Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Location

• Location: One Island East
• Job: Compliance
• Schedule: Regular
• Employee Status: Full time