Corporate Banking Risk and Control
Corporate Banking Risk and Control
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Salary Not Disclosed
1 Vacancy
Job Description
Job purpose
We are seeking a detail-oriented Risk and Control member to join our Corporate Banking team focusing on compliance risk control and operational integrity. This role is pivotal in managing client due diligence (KYC/ODD) internal controls audits and liaising with risk management teams to address credit/operational risks tied to corporate banking activities.
Responsibilities would be but not be limited to the following:
1. Client Due Diligence & Compliance
- Conduct Know Your Customer (KYC) reviews for corporate clients ensuring compliance with AML CDD and regulatory standards.
- Perform Ongoing Due Diligence (ODD) for existing clients including periodic reviews to reassess client risk profiles based on transactional behavior ownership changes or business activities.
- Monitoring material changes (e.g. mergers sanctions adverse media) and escalating risks proactively.
- Updating client records and documentation to maintain compliance with CDD requirements.
- Prepare due diligence reports and maintain documentation.
2. Internal Control
- Develop and implement post loan management internal control frameworks to safeguard corporate banking operations.
- Conduct regular reviews to evaluate control effectiveness and compliance with policies.
- Identify process gaps recommend corrective actions and track remediation progress.
- Collaborate with Compliance/Risk department to align controls with evolving regulations.
- Support mitigating risks in transaction processing fraud prevention and system resilience.
3. Cross-Functional/Sub-Branches Collaboration - Work with Sub Branches Relationship Managers Compliance Risk and IT to streamline workflows and enhance internal controls.
Qualifications :
Qualifications
- Education: Minimum bachelors degree in finance Business Economics or related field.
- Fluency in English and Chinese other languages will be considered as an esset.
- Experience: 35 years in corporate banking compliance risk management or internal control.
- Track record in KYC AML or internal control professional experience.
- Proficiency in KYC tools and MS Office.
- Knowledge of banking regulations.
- Soft Skills: Detailed oriented Analytical mindset exceptional communication and ability to simplify complex requirements for stakeholders.
Additional Information :
This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations please dont hesitate to send your English CV by Smart Recruiters.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
