SME Onboarding & KYC/AML Compliance Lead

Standard Chartered Bank; Hong Kong; On-site; HKD 469,000 - 725,000; Full time

Job summary

Standard Chartered Bank in Hong Kong seeks an Assistant Manager for CMU Onboarding within the SME Banking division. You will collaborate with Relationship Managers to assess and validate client profiles, ensuring documentation meets SME standards and regulatory requirements.

This role requires a comprehensive understanding of risk assessment, meticulous attention to detail and adherence to client due diligence to maintain high compliance and support solid client relationships.

Qualifications

• Minimum of 3 years' experience in SME banking, specifically KYC/AML roles.
• Bachelor's degree or higher with experience in corporate or commercial banking.
• Strong understanding of SME regulatory frameworks and CDD/AML obligations.
• Excellent verbal and written communication with stakeholders.
• Ability to work collaboratively in a team and maintain high integrity.

Responsibilities

• Lead the end-to-end client approval process within the SME Banking segment, ensuring seamless execution and adherence to internal policies.
• Thoroughly examine New Account Opening Documentation to verify completeness, authenticity, and compliance with established standards.
• Perform detailed Client Due Diligence (CDD) reviews, aligning account data with all applicable internal controls and regulatory requirements.
• Evaluate the quality and legitimacy of clients' Source of Wealth documentation to meet onboarding criteria.
• Conduct comprehensive screenings including adverse media checks, sanctions lists, and tax red flag identification to detect potential risks.
• Maintain meticulous records of all communications and documentation associated with client onboarding activities to ensure audit readiness.
• Ensure accurate and timely data entry into the SME banking systems, supporting operational transparency and reporting accuracy.
• Provide expert advice and guidance to frontline Relationship Managers regarding SME CDD policies, procedural updates, and relevant local regulatory frameworks.
• Identify and elevate higher-risk client relationships or reputational concerns promptly to SME Compliance and other relevant departments.
• Collaborate closely with functional experts including Legal, Compliance, and Tax teams to resolve complex client onboarding issues and maintain compliance.
• Contribute actively to the development and refinement of internal processes and controls to optimize the efficiency and effectiveness of daily operations.
• Adhere strictly to defined Turn Around Times (TATs) and Service Level Agreements (SLAs), ensuring timely delivery of all onboarding tasks.
• Champion continuous improvement by proactively identifying procedural challenges and proposing viable solutions to enhance service delivery and operational standards.

Skills

KYC/AML

Regulatory knowledge

Communication

Teamwork

Attention to detail

Integrity

Education

Bachelor's degree or higher

Job description

Standard Chartered Bank in Hong Kong seeks an Assistant Manager for CMU Onboarding within the SME Banking division. You will collaborate with Relationship Managers to assess and validate client profiles, ensuring documentation meets SME standards and regulatory requirements.

This role requires a comprehensive understanding of risk assessment, meticulous attention to detail and adherence to client due diligence to maintain high compliance and support solid client relationships.