About the role



Financial Crime Operations department is responsible for ensuring that all financial crime risks in Bank of China (UK) Limited and Bank of China Limited London Branch (jointly referred to as the Bank) are identified, managed or mitigated within the first line of defence (1LoD). A key component of the department's coverage is responsibility for the Bank's operational adherence to the UK regulatory requirements, namely with regards to Customer Due Diligence (CDD), Fraud Prevention and Management, Sanctions Screening, Transaction Monitoring and the provision of adequate training and support to the front line business. As a Senior Associate - Customer Due Diligence, you will be responsible to provide specialist support to multiple departments within the Bank in the areas of Anti-Money Laundering, Sanctions, Compliance, Regulatory matters, and Financial Crime. You will play a key role in supporting the Bank's front-line business units as part of the 1LoD. This is a full time permanent position.




Key responsibilities

• Perform CDD activities in accordance with the Bank's policies and procedures, ensuring customer files are completed to agreed standards and in a timely manner


• Assess and onboard new clients, including reviewing client MiFID classifications


• Conduct periodic reviews and event-driven (triggered) reviews of existing clients


• Carry out PEP (Politically Exposed Persons), sanctions, and news searches


• Investigate client ownership structures to determine Ultimate Beneficial Owners (UBOs)


• Conduct assessments of client MiFID classifications


• Maintain accurate records and management information on clients


• Establish professional and mutually beneficial relationships with front-line teams to enhance client experience


• Adhere to proper standards of market conduct at all times


• Participate in projects and other ad hoc activities when required

Requirements

• Degree educated in Finance, Business or other equivalent


• Demonstrated experience in AML/KYC/CDD within client onboarding, periodic reviews, or remediation projects, ideally in Banking


• Experience in analysing complex ownership structures, including SPVs, hedge funds, and trusts


• Good understanding of relevant UK financial crime laws and regulations, including FATCA, AML, JMLSG, and FCA regulations


• Experience using different screening tools and platforms is ideal


• Critical thinking and investigative mindset


• Methodical, analytical, and detail-oriented


• Excellent communication skills with ability to engage effectively with front-line teams and other stakeholders


• Fluency in Mandarin is a plus


• Team player with the ability to work independently


• Adaptable to adapt to different situations and a quick learner

Working here



Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.




Learning and Development



We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through:

• access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute


• 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge


• regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network


• exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile


• developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme

• encouraging a "growth" personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week


• embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to "future-proof" your career


• promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions

Benefits



We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including:



Private

Healthcare



Pension



Employee Assistance Programme



Complimentary

Lunch



Cycle to

work scheme



Retail

Discounts




Meet our People



Celine Luo

Assistant Vice President, Financial Crime and Compliance



Bank of China is a great platform for everyone who wants to gain different knowledge and self-development. I started as a Junior Associate and had the opportunities to gain invaluable working experience in two different departments. I am happily working here, as an Assistant Vice President in the Financial Crime and Compliance department. I believe I will continue to grow here, not only in my career development but also in my personal wellbeing.



Daniel Shulakov

Senior Associate,

Credit Management



I joined Bank of China as a university graduate and I believe I have found the best place for me. From the first day my priority was always to learn. This was quickly recognised by my department, which provided me with the platform to grow, and my colleagues have been very helpful in the guidance they have provided me with along my journey. There are ample opportunities to grow with the Bank and it all depends on how much one would like to develop themselves.



Rita Cobbold

Vice President - Head of Customer Due Diligence, CFU Middle Office



I have been working at Bank of China for almost 8 years. In March 2022 I was promoted to VP - Head of Customer Due Diligence and I lead the CDD Unit. There are so many great things about working for the company. My favourite is probably the Bank's commitment to identifying talent and nurturing them to develop into great leaders. The Bank embraces employees of all experience levels, backgrounds, and beliefs. They understand the value of a diverse team and make efforts to hire a variety of people. Working here has really enhanced my knowledge, my understanding of different cultures, leadership skills and a sense of direction for the future.



Ashley Watson

AVP - Security Operations & Risk Manager, General Administration



Over the past four years at Bank of China UK, I have had the opportunity to grow both professionally and personally in my role as the Security Operations and Risk Manager. My role involves safeguarding the bank's operations through robust risk management and proactive security strategies. Every day brings new challenges, and the dynamic nature of the role keeps me engaged and motivated. One of the most rewarding aspects of working here is being part of a truly diverse and multicultural environment. Collaborating with colleagues from different backgrounds has broadened my perspective and enriched both my professional and personal experiences.