As one of the world’s largest banking and financial services organisations, HSBC has been connecting customers to opportunities since 1865. With operations in 65 countries and territories, HSBC’s unparalleled international network links developed and emerging markets, and spans the world’s largest and fastest-growing trade corridors. The bank serves more than 40 million customers through its commercial, retail, investment and private banking businesses, which are supported by operational and functional teams around the world.
The KYC/AML analyst is a member of the relationship management department responsible for opening, amending, reviewing client's profiles according to established policies and procedures.
Main Job Functions/Responsibilities
Performing the due diligence on new/existing clients, requesting the KYC information, documentation, review, and verification of received documentation and making an analytical risk assessment.
Thoroughly and succinctly document the research and analysis related to the financial activity and related entities of Clients
Periodically evaluate existing Clients according to established policies and procedures.
Periodical review of KYC records as to completeness, including verifying that due diligence has been performed and that standards are complied with; also, that the files and risk assessments are current and up to date.
Investigating high risk clients and reporting where necessary, including Politically Exposed Persons, and obtaining all necessary documentation to complete the client file.
Maintain continuous contact with customer to keep customer file updated.
Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents.
Have a thorough understanding of client's business and related parties to monitor client's activities for unusual transactions.
Perform further investigation on identified suspicious client and client's transactions.
Responsible for a good understanding of due diligence regulations, policies and procedures.
Bachelor's degree or diploma in banking/ finance or in any related majors
At least 2-3 years of experience in KYC role within the banking, financial, or insurance industry
Good understanding of AML and Counter Financing of Terrorism (CFT) framework
Good to have experience with AML monitoring and screening
Excellent research and analytical skills
Must have good planning and time management/prioritization skills
Good interpersonal skills
Interested Candidates may send their resume and cover letter directly to Hibah.email@example.com ,stating the position as the subject title in the email.
Hibah Bakhtavar | EA License No. 02C3423 | Personnel Registration No. R21103109
Hibah Bakhtavar EA License No.: 02C3423 Personnel Registration No.: R21103109
HSBC is committed to building a work culture where everyone is valued, respected and opinions count. They take pride in providing a workplace that fosters continuous professional development, collaboration and supporting people to be at their best in an inclusive and diverse environment.