KYC/AML Analyst – Sanction Screening L4 (7.1-9 years)

Overview

KYC/AML Analyst (Sanction Screening, L4) performing second-line-of-defence reviews of client accounts for AML, CFT and customer due diligence compliance in Wealth Management / Private Bank with HK and SG exposure.

What you'll do

• Review client profiles for conformity to internal BNPP and HK/SG regulatory requirements on AML/CFT/CDD standards, producing client risk assessments, due diligence analysis and assigning an appropriate risk rating.
• Assist with the preparation and presentation of existing client relationships to SG/HK risk committee to obtain business and compliance management approval to start or maintain the relationship.
• Review client transactions for the period under review and flag suspicious transactions, including those involving unknown 3rd parties or commercial nature.
• Provide advisory support to the business on newly identified adverse media, links to sanctioned countries and potential Politically Exposed Persons.
• Provide advisory to the business on KYC and financial security matters.
• Investigate and analyze KYC/AML/FS concerns, prepare memos, and ensure required protocol is followed.
• Perform risk assessments and make decisions on unblocking of accounts.
• Conduct investigations and assist in the filing of suspicious transaction reports (STRs) as appropriate.
• Assist with internal audits, regulatory inspections and investigations.
• Be familiar with relevant MAS and HKMA requirements.
• Proactively identify potential gaps in current processes and policies against regulatory requirements.
• Work with Onshore Compliance on derogations and other policy-related matters.
• Collaborate with the wider compliance community, e.g. APAC Financial Security AML Advisory team.
• Provide administrative support such as tracking file status and updating bankruptcy lists.
• Perform ad-hoc duties assigned by supervisor, including KYC in relation to client account closure.
• Carry out KYC review of bank counterparties, review bank reference letters, and review client investment profile questionnaires.

What you'll need

• University graduate.
• Minimum 5 years of KYC/FS compliance experience in Wealth Management/Private Bank with HK and SG exposure.
• A good knowledge of compliance framework with strong analytical skills.
• Strong written and communication skills.
• Strong presentation skills.
• Proficiency in Microsoft Outlook, MS Excel, Word and PowerPoint.
• Team player with good relationship management and people skills.
• Able to work independently, perform under pressure with tight deadlines and multitask.
• Organized and meticulous.

Details

• Location: Mumbai, India.