Legal & Compliance Department-KYC Enhanced Due Diligence (EDD) AVP

Bank of China Limited, New York Branch

• $65K — $150K *
New York, NY 10025In-Person
Legal & Accounting
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required
  • Minimum 5 years of experience in BSA/AML/KYC/CIP
  • Solid understanding of U.S. Banking regulations and foreign correspondent banking
  • Knowledge of OFAC, BSA/AML, and USA PATRIOT Act risk management principles
  • CAMS certification preferred

Responsibilities

  • Perform FI KYC Profiles and EDD Review and QC
  • Conduct QC on completed FCB EDD Reviews
  • Normalize data and complete research on FCB customers and transacting parties
  • Assist in tracking tasks related to KYC Refresh and EDD Reviews for accurate completion
  • Support the Head of EDD in maintaining the FI customer EDD program
Full Job Description
Overview

The LCD KYC EDD Assistant Vice President performs the FID customer KYC and EDD processes under the supervision of the head of LCD KYC EDD team. This individual is also responsible for assisting the Head of the EDD team to further enhance the bank’s FCB KYC and EDD review processes.

Responsibilities

Include but not limited to:

 

  • Perform FI KYC Profiles and EDD Review and QC 
  • Perform QC on completed FCB EDD Reviews
  • Perform data normalization and complete FCB customer and related transacting party research 
  • Assist with tracking of tasks associated to the KYC Refresh reviews and EDD Review processes to ensure accuracy and completion within the procedural required timelines
  • Assist with Head of EDD to maintain the FI customer EDD program
Qualifications

  • Bachelor Degree required

  • Minimum 5 years of BSA/AML/KYC/CIP experience required

  • Knowledge of U.S. Banking regulations with solid understanding of foregin correspondent banking

  • Good understand of OFAC, BSA/AML, and USA PATRIOT Act and risk management principles

  • CAMS certification preferred
Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $65,000.00 - USD $150,000.00 /Yr.
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Bank of China Limited, New York Branch

More Legal & Accounting Jobs

Find similar Legal & Compliance Department-KYC Enhanced Due Diligence (EDD) AVP jobs:

NationwideNew York, NY