KYC Existing Client Management Quality Control Analyst, Asia Pacific - Banking Operations - Hong Kong, Hong Kong KYC Existing Client Management Quality Control  …

in Hong Kong
Permanent, Full time
Last application, 08 Mar 21
in Hong Kong
Permanent, Full time
Last application, 08 Mar 21
KYC Existing Client Management Quality Control Analyst, Asia Pacific - Banking Operations - Hong Kong, Hong Kong

Main Responsibilities and accountabilities:

  • Understand and adhere to the standards and procedures set out in SGCIB Global Policy, as well as relevant local regulatory requirements (including in respect of AML/CFT/KYC, tax, sanctions and embargoes matters);
  • Have the flexibility to adapt to various functions within the ECM team;
  • Perform 4-eyes checking and be accountable for the accuracy of the files in line with policy and procedures;
  • Liaise and feedback all file inconsistencies to Outreach Analysts/KYC Analysts and ensure they are rectified before file validation;
  • Assess the final Client risk rating and provide final validation on the KYC analysis;
  • Take responsibility for the proper management of KYC files and client records in the information systems;
  • Ensure timely completion of the files and prioritized workload to meet productivity targets, while quality remains at the highest standards;
  • Identify problem areas and risks associated and make recommendations to improve the quality of KYC files and/or process efficiency;
  • Advisory role for KYC Analysts & Outreach Analysts
  • Proactively highlight Audit and Compliance issues and ensure that all existing Audit, PS or Compliance recommendations are closed out in timely manner;
  • Comply with all risks and regulatory obligations where relevant.

Profile required

Key skill areas & knowledge required:
  • Minimum 5 years of experience in KYC or onboarding in a broker or investment bank environment
  • Versatility to work in various roles within ECM;
  • Ability to understand the client structure and the structure of a financial transaction;
  • Understanding of key issues in relation to AML risk, ability to identify relevant sources of information;
  • Strong writing skills, capability to document relevant information in a clear, structured and comprehensive way;
  • Familiarity with Hong Kong AML/KYC regulatory and compliance issues particularly in the banking and investments sectors, to ensure our KYC standard is compliant with local regulatory requirements;
  • Transversal knowledge of the services and products of the corporate and investment banking sector - Specific knowledge of SG group is an advantage;
  • The position requires effectiveness, team spirit and an ability to work in a fast-paced and demanding environment;
  • Ability to work under time pressure with high degree of accuracy;
  • Demonstrated ability to prioritize and work within tight and changeable timeframes;
  • Ability to work independently, under minimal supervision;
  • Attention to detail, combined with a strategic and proactive work approach;
  • Eagerness to learn and to keep abreast of AML/KYC latest issues and requirements;
  • Fluent in written and spoken English. Fluency in Mandarin or Cantonese preferred.

  • Graduate degree in finance, business administration, economics or computer science
  • 5+ years' experience in KYC management in an investment bank
  • Experience of working in an international, multi-cultural organization

Behavioral Skills
  • Client - Client focus: I nurture a long-term relationship with the clients/internal partners
  • Team Spirit - Open mindset/Respect: I listen and share my views and my expertise in an open mode
  • Innovation - Technology: I include technological breakthroughs in the strategies implemented
  • Responsibility - Empowerment and Accountability: I give resources and autonomy to make decisions

Business insight

Company Description
Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 148,000 employees based in 76 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.

Our expertise in the Asia Pacific region ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Securities Services, Trade Finance and Cash Management Services. Leveraging on our formidable global footprint, we serve corporates, financial institutions and the public sector. With our regional headquarters in Hong Kong, we operate in 11 countries across Asia Pacific, employing over 6,600 employees. You can find us in Beijing, Seoul, Tokyo, Singapore, Mumbai, Sydney and other locations in the region.

Primary objectives:

The Client Lifecycle Intelligence and Digital ('CLD') department is the cross-business client management division of Global Banking and Investor Solutions ('GBIS'). As part of the GBIS COO Service Unit, the GBS Cross Border Client Management Group is globally in charge of the client experience across the GBIS activities. The department is particularly in charge of:
  • (KYC) KYC due diligence for both on-boarding and periodic reviews
  • (RRD) Management of client reference & regulatory data
  • (COO) Project management

The Existing Client Management team is a key pillar of the KYC team which support the bank's anti-money laundering system. Its mission is to ensure the bank is compliant with its obligation of client identification and due diligence on a worldwide basis and to provide the institution with adequate and complete client information.

The KYC Quality Control (QC) Analyst is accountable for the accuracy of the file in line with policy and procedures and in addition responsible for final validation of the file from a KYC perspective. Through an independent Checker role, they will ensure high quality standards are maintained, assist in identifying problem areas and risks associated with processes and make recommendations to improve the quality of KYC files. They will serve as a key support resource for delivering guidance to KYC analysts and Outreach analysts. The KYC QC Analyst should be well versed in the latest AML/KYC and regulatory requirements (HKMA, MAS, etc.) and how they are applied within our organization.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 210001DT
Entity: Societe Generale Hong Kong Branch
Starting date: 2021/04/01

Publication date: 2021/01/14


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