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

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

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.

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

• 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