KYC Compliance Executive

Averis Sdn Bhd; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A prominent compliance consultancy in Kuala Lumpur is looking for a Compliance Executive. This role involves managing the bank account operations, preparing KYC documentation, and liaising with stakeholders to ensure compliance with KYC requirements. Candidates should have a Bachelor's degree and 1-4 years of relevant experience, with analytical, communication, and organizational skills. The ability to speak Mandarin and Cantonese is essential due to stakeholder interactions. Strong attention to detail and proficiency in Microsoft Office applications are required.

Qualifications

• 1-4 years of experience in a similar position or relevant previous work experience.
• Strong analytical skills, research abilities, and effective communication.
• Ability to work independently under pressure while maintaining confidentiality.

Responsibilities

• Manage bank account operations and KYC requests.
• Prepare and submit KYC documentation for compliance.
• Liaise with internal and external stakeholders for KYC clearance.

Skills

Analytical skills

Communication in Mandarin

Communication in Cantonese

Research skills

Interpersonal skills

Microsoft Office applications

Planning and time management

Education

Bachelor's degree in business administration or equivalent

Compliance qualification

Tools

Microsoft Visio

Job description

The Compliance Executive responsible with the compilation and submission of information and documentation to satisfy Know-Your-clients (“KYC”) requirements and clearance by financial institutions, professional institutions and counterparties’ due diligence.

Main Job Functions/Responsibilities

1. Bank Accounts

Managing all bank accounts opening, change of bank signatories, closure of bank accounts and bank KYC requests including but not limited to:

Preparing bank forms and board resolutions and other supporting documents required for the opening of bank accounts, change of bank signatories and closure of bank accounts.

Maintaining the KYC documents to ensure they are current and up to date.

Preparing KYC documents packs and submitting to the bank for KYC clearance.

Liaising directly with internal stakeholders to collate information and supporting documents required for completing bank forms and KYC requirements.

Liaising with the bank officers to clear KYC and submission of the bank documents and follow up closely with the bank to complete the aforesaid tasks.

2. Customer on-boarding

Preparing KYC documents packs and submitting to counterparty for KYC clearance.

Liaising directly with internal stakeholders to collate information and supporting documents required for complying with counterparty’s KYC requirements.

Liaising with the counterparty to clear KYC and submission of the relevant documents and follow up closely with the counterparty to complete the aforesaid tasks.

3. Others

Invoicing recording, filing and scanning of documents.

Other ad-hoc duties as and when assigned.

EDUCATION, EXPERIENCE, & SKILLS:

Background/Qualifications:

Bachelor's degree in business administration or together with equivalent working experience.

Alternatively, can show strong analytical skills from another discipline, e.g., sciences or accounting.

Compliance qualification is an advantage.

Previous Work Experience / Skill Set:

1-4 years of experience in similar position or working experience in a bank or a corporate legal department, established law firms or related field.

Take responsibility and act promptly in a wiser sense for the integrity and accuracy of the KYC requirement.

Strong research and analytical skills.

Must be able to speak read and write in Mandarin & Cantonese (this role will require to handle stakeholders from Hong Kong and China Region).

Excellent communication skills in English, both verbal and written.

Must have good planning and time management/prioritization skills and follow up skills with strong attention to details.

Ability to work in a team and also to liaise with other departments.

Good interpersonal skills, resilient, driven, motivated and able to operate independently and under pressure.

Able to manage complex and voluminous workload without compromising on responsiveness and quality.

Must be able to maintain the highest standards of confidentiality, discretion and integrity.

Must have good knowledge of Microsoft office applications and Visio.