Guangzhou Mlro Global Financial Crimes Specialist jobs at Bank Of America in China, Guangzhou City

Your background

• 5+ Years of relevant work experience in Anti-Money Laundering, Fraud and/or Economic Sanctions.
• Strong written and verbal communication skills and the ability to communicate and work with all levels within the organization.
• Sound risk management skills and an ability to apply discernment, take decisions when required and to escalate concerns when necessary.
• Must possess excellent time-management, problem solving, and critical thinking capabilities.
• Ability to work across a matrix organization.

Desired Skills

• Subject matter knowledge and experience in anti-money laundering (AML), Fraud and Economic Sanctions regulations in APAC.
• Certified Anti-Money Laundering Specialist (CAMS) certification;
• Understanding of Banking products and Financial Crimes vulnerabilities.
• Bachelor's Degree.

What you can expect

The selected candidate will act as Guangzhou Money Laundering Reporting Officer (MLROs) executing on risk management activities. Responsibilities include partnering across GFC and Front-Line Units (FLU) to oversee financial crimes risk and to provide support on broader financial crimes risk associated with Asia clients, products and services.

What you will do

• Identification and assessment of regulatory change and its impact to the branch. Review of Country Standard to ensure it reflects local AML/CFT regulatory requirements for Financial Crimes.
• Perform monitoring and testing activities of Front Line Unit (FLU) and control function (CF) -owned processes related to Customer Due Diligence activities against relevant AML/CFT law, rules and regulations, Non-Financial Regulatory Reporting, or other activities as required.
• Conduct financial crimes risk assessments of process risk, control and capability effectiveness across the branch.
• Preparation of governance materials.
• Identify, aggregate, report and escalate financial crimes risks, issues and control enhancements.
• Identify country financial crimes training needs and monitor FLU, CF and third party completion.
• Assist with preparation for, and participate in, financial crimes related regulatory exams and audits.
• Escalate financial crimes concerns to the Global Financial Crimes Manager or Executive.

Job Description:

Job Description:

This role isfor regularKYC refresh of transactional/account signers in China, which is one type of authorized working person on China country Standards.

Responsibilities:

• Perform/Support regular KYC refresh of account/transactional signers by referring to the same refresh schedule of client entity level based on their KYC risk rating.

• On-ground support for required informationand document to fulfill the signer refreshment.

• Apply account/transactional signers’ control or necessary informationupdate per the refreshment progress and requirements.

• Completeclientaccount managementin system by following standard process.

• Responsible for client out-reach, follow-up, portal update, record retention, incoming client enquiries.

• Completenecessaryreports by following standard process on timely basis.

• Complete daily& monthly physical documents onsite/offsite storage and inventory review by following standard process.

• Complete the assigned Day2 control tasks and QA tasks upon regional QA request on timely basis.

• Complete documents & mailing handover list with counterparty team.

• Able to work with business stakeholders, could solve problems independently, and escalate timely for issues.

• Involveanalyzing reg changes and contribute to implement changes into production.

• Support business project and be able to contribute in various project stages including requirement, testing etc., aiming to make proper changes into production.

• With sound risk sense to identify risk areas and with joints/independent efforts to feedback and address the risks.

• Support docs filing, archiving and retrieval, and other administrative work.

• Support the ad-hoc or additional tasks assigned by function lead or manager.

Skills:

• Bachelor’s degree best with major in Finance and Economics related.

• 2 years and above experiences in Banking or Finance position.

• Good motivation to learn and with flexibility to adapt to changes.

• Could take independent responsibilities and collaborate with business stakeholders to deliver the work.

• Could work under pressure, well manage the time, and handle multiple tasks.

• Strong communication skill and open to exchange.

• Good command of English in both written and oral.

Job Description:

Job Description:

This role isfor regularKYC refresh of transactional/account signers in China, which is one type of authorized working person on China country Standards.

Responsibilities:

• Perform/Support regular KYC refresh of account/transactional signers by referring to the same refresh schedule of client entity level based on their KYC risk rating.

• On-ground support for required informationand document to fulfill the signer refreshment.

• Apply account/transactional signers’ control or necessary informationupdate per the refreshment progress and requirements.

• Completeclientaccount managementin system by following standard process.

• Responsible for client out-reach, follow-up, portal update, record retention, incoming client enquiries.

• Completenecessaryreports by following standard process on timely basis.

• Complete daily& monthly physical documents onsite/offsite storage and inventory review by following standard process.

• Complete the assigned Day2 control tasks and QA tasks upon regional QA request on timely basis.

• Complete documents & mailing handover list with counterparty team.

• Able to work with business stakeholders, could solve problems independently, and escalate timely for issues.

• Involveanalyzing reg changes and contribute to implement changes into production.

• Support business project and be able to contribute in various project stages including requirement, testing etc., aiming to make proper changes into production.

• With sound risk sense to identify risk areas and with joints/independent efforts to feedback and address the risks.

• Support docs filing, archiving and retrieval, and other administrative work.

• Support the ad-hoc or additional tasks assigned by function lead or manager.

Skills:

• Bachelor’s degree best with major in Finance and Economics related.

• 2 years and above experiences in Banking or Finance position.

• Good motivation to learn and with flexibility to adapt to changes.

• Could take independent responsibilities and collaborate with business stakeholders to deliver the work.

• Could work under pressure, well manage the time, and handle multiple tasks.

• Strong communication skill and open to exchange.

• Good command of English in both written and oral.