Department / Branch: Compliance Department
Reports To: KYC Manager
Employment Type: Full-Time Permanent / Contract
Location: Downtown Head Office
Major Responsibilities:
This role is responsible for ensuring that Know Your Client (KYC) due diligence and information collection processes are conducted and reviewed in accordance with Anti-Money Laundering (AML) / Terrorist Financing (TF) regulations and ICBC policies. Additionally, the role involves performing sanctions screening on SWIFT payments/messages to facilitate compliance with sanctions regulatory obligations.
Specific Accountabilities:
- Conduct KYC and Enhanced Due Diligence (EDD) reviews during client onboarding and periodic reviews to ensure that client documents and information are sufficient, accurate, and legitimate, while providing appropriate recommendations.
- Provide research, guidance, and advisory support to assigned portfolios, business units, or functions to ensure that AML/ATF controls and processes effectively mitigate associated risks.
- Offer guidance to the business on day-to-day AML/ATF compliance matters, ensuring adherence to regulatory requirements, industry standards, due diligence policies, and governance practices.
- Perform adverse media screening, AML/ATF risk assessments, reporting, and analytical support in a timely and accurate manner.
- Serve as a Subject Matter Expert (SME) on AML/ATF regulations and compliance processes.
- Conduct sanctions alert screening and review, escalating cases as necessary.
- Perform transaction monitoring to detect and escalate suspicious activities in accordance with AML/ATF policies.
- Conduct Politically Exposed Persons (PEP) screening and reviews to ensure compliance with internal policies and regulatory requirements.
Qualifications:
- Bachelor’s degree or above, preferably in Business, Finance or Law;
- 2-5 years of experience in the financial services industry, preferably in AML compliance, EDD, and KYC;
- Strong knowledge of AML regulatory requirements and legislation, including FINTRAC, PCMLTFA, OSFI guidelines, and OFAC regulations;
- Experience conducting adverse media screening and AML risk assessments;
- Excellent English written and verbal communication skills, proficiency in Chinese (Mandarin or Cantonese) is considered an asset;
- Highly organized with the ability to meet strict deadlines and manage multiple priorities;
- Strong critical thinking, analytical, and decision-making skills;
- Ability to work independently while collaborating with various stakeholders;
- Industry certifications such as ACAMS, ACFCS, or other AML/ATF-related certifications are preferred.
Job Types: Full-time, Permanent, Fixed term contract
Benefits:
- Company events
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- Mileage reimbursement
- Tuition reimbursement
- Vision care
Education:
- Bachelor's Degree (preferred)
Experience:
- AML Compliance / EDD / KYC: 2 years (preferred)
Work Location: In person