KYC Specialist (SOW) - Risk & Compliance | Contract

Job Scope: 

• Perform second-level review of KYC and Source of Wealth (SOW) assessments for accuracy, completeness, compliance and identify any potential red flags.
• Validate the plausibility and coherence of SOW narratives and supporting evidence.
• Ensure that risk ratings, customer profiles, and red flags are correctly identified and addressed.
• Summarize and escalate high-risk or unclear cases to the AML officer, as appropriate with his/her recommendation.
• Maintain quality assurance records and contribute to internal audit readiness.
• Provide constructive feedback to L1/L2 to improve quality and consistency.

Job Qualifications: 

• Degree in Finance, Business or related studies. 
• 3 or more years of operational level 3 KYC background or as a compliance officer with familiarity with SOW benchmarking and write-up, and risk assessment writing.
• Previous experience working on the AML/KYC projects in similar banking industry.
• Experience with corporate customer review or complex structure.
• Must have experience in KYC onboarding, KYC remediation and AML.
• Familiar with the AML value chain, including new-to-bank onboarding, periodic screening, transaction monitoring, payments screening, etc.
• Ability to perform KYC profile review holistically, ensuring information are coherent and identify any discrepancies or red flags. 
• SME knowledge on the MAS and HKMA AML/CFT requirements. 
• Excellent analytical skills, and proficient in independently conducting SOW reviews and managing cases promptly.
• Good organizational skills to manage a high volume of assigned cases.