Job Description

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