Job Description

Job Purpose:

This position is responsible for timely and accurately performing periodic customer KYC Refresh, new customer on-boarding activities, trigger event reviews, and maintaining appropriate documentation in line with the Bank’s policies and procedures; delivering a range of support in the areas of preventing fraud and anti-money laundering; preparing any compliance related reports; and performing any other duties as assigned by supervisors and/or Branch Management.

Job Responsibilities:

Include but not limited to

· Timely perform KYC Review and/or Refresh on customer profiles in line with the Bank’s policies and procedures and in accordance with the review schedule by efficiently using Fenergo/T24/ systems and/or other sources.

· Respond to request for information from the Legal and Compliance Department of New York Branch and/or coordinate the approval process, as necessary.

· Timely and accurately process new customer on-boarding information on Fenergo/T24;

· Maintain complete documentation, evidence and accurate investigative notes for alerts and case files; upload documentation to necessary systems as required.

· Perform complex customer relationship review as it relates to KYC and adhere to regulatory guidelines and the Bank’s practices.

· Work closely with the frontline units, 2ndand 3rd lines of defense about suspicious activities detected and immediately escalate to Team Head, Branch’s Compliance Officer and Branch Management.

· Assist in coordination of audit activities; cooperate with internal and external auditors and examiners; take corrective actions in response to the audit findings.

· Gain comprehensive and detailed understanding of each business lines’ products and operations so as to perform accurate compliance-related reviews.

· Stay abreast of current laws and regulations, and common practices in the Bank Secrecy Act, OFAC, USA Patriot Act and Anti-Money Laundering.

· Perform other duties as assigned by supervisors and/or Branch Management.

Job Requirements:

. Bachelor’s Degree majoring in Business Administration or Finance, Accounting, Economics, Data Analytics, or other related disciplines.

. Knowledge of BSA/AML/OFAC/KYC/CDD/EDD regulations, Anti-Boycott Laws, Export Administrations Act, Supply Chain, Sanctions Check, and Sino-US Trade and economic updates.

. BSA/AML/OFAC/KYC and other compliance related working experience in the banking industry is highly preferred.

. Certified Anti-Money Laundering Specialist (CAMS) is highly preferred.

· Demonstrated proficiency in Microsoft Outlook, Word, Excel, and PowerPoint.

Job Type: Full-time

Pay: $42,000.00 - $90,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Los Angeles, CA 90071: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Work Location: Hybrid remote in Los Angeles, CA 90071

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