City 020 7796 3636
Thames Valley 01784 737 035

Mandarin speaking Senior Compliance Associate - Ref: 18236

  • Location: London - London
  • Salary: £40k
  • Job Type: Permanent
  • Languages: Chinese Mandarin
  • Categories: Financial Services

Details:

Your New Job Title:  Mandarin speaking Senior Compliance Associate

The Skills you'll need each day:    Fluent Mandarin and English, compliance, AML, KYC related experience.

Your New Salary:  to £40k + bonus + excellent benefits

Status: Permanent

Location: London

Who you'll be working for:

Our client is a leading international bank.


What you'll be doing each day:


·Undertake daily transaction monitoring activity in a timely and accurate manner, to ensure monitoring alerts reviewed by the department are managed effectively.
·Understand potential money laundering trends and red flags that may determine whether further investigations are required.
·To carry out the client on-boarding process, and to conduct AML checks on new clients according to internal and external Legal and Compliance (L&C) requirements, and account opening
·Complete KYC and AML files for new clients within the time frame, and is responsible for the quality of KYC conducted.
·Ensure KYC and AML work is acceptable to Legal & Compliance Department (L&C) with a consistent approach. Effectively communicate with L&C over any differences.
·Undertake KYC and AML review of existing clients on a regular basis in accordance with internal and external L&C requirements.
·Liaise with L&C, and Risk Management in respect of all aspects of Compliance and Operational Risk matters
·Have comprehensive understanding of the Bank’s internal ‘Prevention of Money Laundering and Combating Terrorist Financing’, ‘Financial Crime’, ‘Customer Due Diligence’,  ‘Anti-Bribery and Corruption’ Policies and Procedures, and “Compliant Management Policy” and keep up to date with any changes made.
·Maintain an awareness and understanding of the internal ‘Compliance’ Policy and Procedure and awareness of all other associated Compliance policies and procedures.
·Ongoing customer accounts reviews
·Customer Due Diligence including customer KYC/KYB reviews
·Co-ordinate responses to enquires/instructions/notices from Legal & Compliance Department, Risk Management Department and Internal Audit Department
·Acts as cover for any other staff members include all areas of the department
·Provide clerical support duties, such as filing, data input, cash handling, and ad hoc projects and all operational tasks

The Skills You Need to Succeed:

·Degree educated (preferably in law, banking or finance)
·Banking related qualifications
·ICA Certificate in Compliance or similar
·Relevant Banking Experience
·AML and/or CDD related qualifications

Ideally:
·Experience in reviewing corporate structures such as Limited Companies, Public Companies, Trust, Partnerships, JVs, SPVs in order to meet due diligence requirements for different customer types (Financial Institutions, Corporates etc).
·Record-keeping and MI Production
·Retail Banking experience

·FCA and PRA Handbook
·Data Protection Act
·Consumer Credit Act
·FATCA
·CRS
·JMLSG Guidance

We would be grateful if you could send your CV as a Word document. Thank you for taking the time to apply to People First.  If your application is successful, you will be contacted within 7 days but I’m afraid that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.