Due Diligence Officer

Job Description

Key Responsibilities:

CLIENT ON BOARDING ACTIVITIES & ADMINISTRATIVE FUNCTIONS:
– Familiar and proficient on KYC, AML/CFT knowledge with high sensitivity to legal, compliance and operational risks.
– KYC Due Diligence for opening of accounts for new clients and recertification of existing clients:
– Ensure proper documentation and verification through/of company search, the bank ‘ s overseas branches, or overseas lawyers, information procured from the public domain or from third parties supporting the due diligence process; and review of constitutional documents to ensure correct documentation for accounts opening/amendment are duly executed in compliance with regulatory and in-house requirements.
– Review and analyse information procured and ensure that the KYC Due Diligence for opening new client accounts and maintenance of existing client accounts is in compliance with the bank’ s procedures and regulatory requirements.
– To perform checks in the bank’s systems or any systems as required by the bank to complete the Due Diligence review.
– Ensure that the Due Diligence package for client is completed accurately and in a timely manner in form and substance as required for review by committee/ Compliance/ management.
– To ensure proper procurement, maintenance and updates of KYC Due Diligence documentation in the bank’s systems.
– Liaise and coordinate with Business for new client on-boarding and review of existing clients for KYC Due Diligence so that on-boarding and recertification of clients are completed in a good timely manner.
– To participate in systems upgrades, standard operating procedures streamlining/enhancements/ etc. that may be required.
– To ensure that reports on KYC Due Diligence information of clients are accurate and updated, e.g. pipelines, etc.

ANTI-MONEY LAUNDERING/FINANCIAL SANCTIONS (“AML/FS”) RELATED DUTIES
– Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.

ACCOUNT MAINTENANCE ACTIVITIES
– Attend to the maintenance of all clients’ accounts based on their requests and to support the transactional workflow of Operations.
– Setup new profiles / accounts for new clients into the various systems and products in relation to the respective products and transactional requirements that may be required.

Requirements:
– Possesses strong analytical skills with an eye for accuracy and details.
– Good communicator with proficient writing and presentation skills.
– Team player that supports his/her colleagues in times of stress.
– Strong Operational and administrative skills.
– Excellent knowledge of Legal and Compliance framework.
– Excellent knowledge of business activities and understanding of payments, loans and trade products and processing.
– Proficiency in Microsoft Excel
– Escalation of risk issues to management.
– Excellent communication skills in English

Primary Location: MY-14-Kuala Lumpur
Job Type: Standard / Permanent
Job: PERMANENT CONTROL
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : At least 7 years