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At Julius Baer, we are committed to upholding the highest standards of compliance and risk management. Front KYC Specialist plays a key role in ensuring and enhancing the quality and robustness of existing client due diligence by conducting thorough reviews of know-your-client (KYC) profiles and providing important support to the Front Management in exercising their supervisory duty and in managing anti-money laundering (AML) / counter terrorist financing (CFT) risks. This position ensures alignment with evolving regulatory expectations, internal policies, and industry best practices.This role, based in Hong Kong, belongs to Front KYC Specialist Team under Business Risk Management (BRM).
YOUR CHALLENGE
Responsibilities
Perform reviews of KYC profiles and customer due diligence checks during client onboarding, periodic reviews and other trigger reviews. Ensure compliance with all relevant KYC / AML / CFT requirements, from the perspectives of regulatory expectations, the Bank’s policies and internal requirements.
Check the risk assessments as performed by Relationship Managers (RM).
Review source of wealth documentation and alignment with corroborating evidence and supporting benchmark / market insights.
Identify and assess the risk of opaque legal structures.
Check name screening and adverse media screening results. Ensure true matches are identified / addressed and escalate risk factors and adverse news to Front Management / Compliance as appropriate.
Review client’s transactional activities for the period under review and ensure alignment with client’s risk profile. Flag out any suspicious transactions / unusual transaction pattern
Maintain clear and comprehensive documentation of checks and review rationale / decisions.
Ensure timely and quality completion of assigned cases in line with defined timeline.
Support periodic / management reporting and status updates for internal governance.
Ensure that quality service is provided to internal clients and assist in meeting client’s needs where relevant.
Support KYC training to the Front Office.
Handle ad hoc tasks as assigned by Front KYC Senior Specialist and Head BRM.
Client Management (internal)
Provide strong support to Front Management (Group Heads (GHs), Front Office (RMs) / Assistant RMs) and other Business Support Functions (Business Managers (BM), Business Risk Managers).
Build strong relationships with other stakeholders / SMEs, including Client Documentation Services (CDS), Compliance, etc.
YOUR PROFILE
Personal and Social Skills
Meticulous, responsible and accurate in executing tasks assigned by GH, BM and/or Head BRM
Self-motivated in assumption of duties
Able to work under pressure and consistently meet work timelines
Multi-tasking and with ability to complete tasks independently as well as be a team player
Strong time management skills
Excellent interpersonal skills
Strong communication skills
Be proactive to share views and give solutions
Professional and Technical Skills
Degree holder preferably in Finance/ Accounting/ Business
At least 6 years of solid experience in professional practice and/or the financial services sector, preferably in Private Banking and AML / CFT Compliance field
Basic knowledge of account documentation requirements in Private Banking environment would be an added advantage
Excellent knowledge of AML Guideline issued by local regulators, and fundamental knowledge on Singapore AML standards would be an added advantage
Good command of spoken and written Chinese and English
Good analytical and communication skills
Rank Applicable to the Role
Associate Manager / Associate Director
We are looking forward to receiving your full job application through our online application tool.