Compliance Assistant - Temporary 6 months
UBP is one of Switzerland’s leading private banks, and is amongst the best-capitalised, with a Tier 1 ratio of 27.7% as at 31 December 2020. The Bank is specialised in the field of wealth management for both private and institutional clients. It is based in Geneva and employs over 1,800 people in over twenty locations worldwide; it held CHF 147.4 billion in assets under management as at 31 December 2020.
UBP is a family-owned company, driven by its clear, entrepreneurial vision, its culture of innovation and its independent nature.
UBP is pleased to announce participation in the Banking Talent Programme, jointly launched by the Hong Kong Monetary Authority (HKMA) and the banking industry. The programme aims to support fresh graduates looking to develop their career in the banking sector.
Students, graduating with a bachelor’s degree in 2021 from universities in or outside Hong Kong and who are Hong Kong residents lawfully employable in Hong Kong, are welcome to apply.
Open application starts on 1 May 2021
The 6-month program offers insights into the private banking sector and includes training, networking opportunities and exposure to UBP wealth management professionals across businesses.
This Compliance Assistant provides support to the Hong Kong Financial Crime Compliance team, in various compliance activities for the Hong Kong branch.
Conduct name searches to assist due diligence checks during client onboarding and carry out periodic review of these names.
Track statuses and assist in logistics of periodic reviews of client relationships.
Conduct first-level checks on completed high risk periodic review files submitted by the Front Office.
Review alerts of ongoing automated client screenings and escalate potential true hits or undetermined hits to supervisors.
Perform ad hoc tasks as assigned by Head of Financial Crime/Compliance from time to time.
Knowledge of money laundering/terrorist financing (ML/TF) and how to relate it to client onboarding and ongoing monitoring in private banking industry. Focus on obtaining hands-on experience in activities critical to ML/FT compliance.
Knowledge of the ML/TF risk management framework and its application in business context.
Application and assessment of the ongoing ML/TF monitoring system and investigation process.
Years of experience:
0-3 : beginner
Experience in private banking:
(Cantonese and or Mandarin)
Have a keen interest to learn and perform compliance matters;
Be detail-minded and self-motivated.
Have good analytical skills.
Have good interactive, communication and writing skills.
Be a Team player.