Associate – Customer Due Diligence

The Financial Crime Operations department is responsible for ensuring that all financial crime risks in Bank of China (UK) Limited and Bank of China Limited London Branch (jointly referred to as the Bank) are identified, managed, or mitigated within the first line of defence (1LoD). A key component of the department’s coverage is responsibility for the Bank’s operational adherence to the UK regulatory requirements, namely with regards to Customer Due Diligence (CDD), Fraud Prevention and Management, Sanctions Screening, Transaction Monitoring, and the provision of adequate training and support to the front line business. As an Associate – Customer Due Diligence, you will be responsible for undertaking customer risk assessments, taking into consideration all types of financial crime risks, to ensure the Bank has an in-depth understanding of its customer database and the controls in place to mitigate the risks identified. This is a full-time permanent position. Key Responsibilities Complete customer risk assessments with regards to Retail, Corporate, Wholesale, and Financial Institutions. Complete onboarding, periodic reviews, and event-driven (Trigger Reviews) reviews. Conduct PEP, Sanctions, and adverse media searches with appropriate discounting of risk. Establish a professional and mutually beneficial working relationship with the frontline and second line of defence (2LoD) to enhance clients’ experience. Ensure that tasks are completed in a timely fashion and as efficiently as possible. Collaborate with the CDD team to improve overall quality and efficiency. Complete customer files to agreed standards and to the Bank’s CDD policies and procedures. Keep accurate records and Management Information on clients. Requirements Degree educated in Finance, Business, or other equivalent. Demonstrated AML/KYC/CDD experience in either client onboarding, periodic reviews, remediation projects including audit. Solid awareness of the UK’s financial crime legal and regulatory framework including JMLSG guidance. Good critical thinking and investigative skills. Ability to adapt to different situations and a quick learner. Attention to detail. Team player who is able to work independently. Able to work under pressure. Excellent communication skills. Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing excellent financial service to the market and maintaining its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branches in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy equal opportunities to grow both personally and professionally.

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