Mandatory Reference Checking Scheme (“MRC”) for Hong Kong
The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.
For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines ( https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.
Country of Location:
China Hong Kong
Job Responsibilities:
Act as a checker in the process of sanction compliance checking for personal/corporate accounts and complete CDD profile for periodic reviews and triggered reviews
Collaborate with business unit and different teams within FCC for CDD related process reviews with an aim to comply with regulatory changes and to streamline work processes
Review and handle name screening hits under the Bank’s AML / CTF program
Review and handle potential breach cases of sanctions under the Bank’s AML / CTF program
Check and ensure the completeness and correctness of all review documentation, including but not limited to the updated customer information, necessary risk and AML assessments, and internal forms, etc.
Supervise and provide necessary support to subordinates and teams including performance management, tasks allocations, trainings and etc.
Participate in the implementation of anti-money laundering policies and related projects
Provide management oversight and develop/maintain a strong compliance culture regarding regulatory and compliance matters as well as anti-money laundering and counter terrorist financing control activities
Requirements:
University degree in a related discipline or other relevant qualifications
Minimum 8 years of branch operations management / CDD / KYC / AML control experience in banking and with team lead experience
Familiar with AML / CDD / KYC or sanction Compliance in bank, financial institutions and regulatory bodies
Practical experience in handling CDD review for personal/corporate customers
Holder of Associate AML Professional (AAMLP) Certificate under the HKMA ECF on AML/CFT is preferred
Good command of written and spoken English and Chinese (including Putonghua)
China CITIC Bank International Limited (“CNCBI”), a major offshore platform of commercial banking business of the CITIC Group, is 75%-owned by CITIC International Financial Holdings Limited (“CIFH”), which in turn is a wholly-owned subsidiary of China CITIC Bank Corporation Limited (“CNCB”).
China CITIC Bank International’s footprint includes 21 branches, two business banking centres and one private banking centre in Hong Kong, as well as branches in the US, Singapore and Macau, China, while providing banking services on the Chinese Mainland through our wholly-owned subsidiaries.
Across a century, China CITIC Bank International has grown together with its employees, customers and partners since 1922 and will continue to move towards its vision of “Agile. Professional. Simple.” in adherence to the 4C (Culture, Customer, Collaboration, Cyberspace) core values while driving actively its missions to “create value for customers, seek happiness for employees, make profit for shareholders, perform responsibility for society”.
More information about China CITIC Bank International can be found on its website at www.cncbinternational.com.
