India CoE Compliance Hub enables safeguarding the Group’s reputation and mitigating the risks across all business lines by supporting the Compliance functions globally. Currently, the India CoE Hub is structured into divisions aligned with the areas they serve, offering services for Group Compliance COO TOP, trade surveillance, electronic communications monitoring, transversal risk management, personal account dealing, MIS, and project support. The team collaborates closely with business partners worldwide.
Position Purpose
This position supports the Wealth Management Hong Kong and Wealth Management Singapore KYC/Financial Security Compliance teams. The purpose of the position is to enforce the Wealth Management compliance on-boarding and account recertification policies and procedures, in addition to ensuring all such activities comply with HK and SG regulatory requirements and expectations.
By ensuring accuracy and adherence to compliance standards,
this position plays a critical role in supporting the team’s goal of maintaining a robust and reliable compliance framework, safeguarding the organization’s integrity, and fostering trust with stakeholders.
Responsibilities
Diligently carry out the 2LoD role in the account recertification and account opening process:
Reviewing client profiles to ensure conformity to internal BNPP and HK/SG regulatory requirements on Anti Money Laundering /Countering Financing of Terrorism /Customer Due Diligence standards, producing client risk assessments, due diligence analysis and assigning an appropriate risk rating
Assisting with the preparation and presentation of existing client relationships to SG/HK risk committee with the objective of obtaining business & compliance management approval to start/maintain the relationship with the client
Review client transactions for the period under review an