KYC Analyst

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Responsibilities:

• Conducting Due Diligence and Know Your Customer (KYC) research for clients as part of the business-wide Anti-Money Laundering (AML) Compliance remediation process.
• Conduct Office of Foreign Assets Control (OFAC) screenings through World-Check to identify Politically Exposed Persons (PEPs) and heightened risk individuals and organizations.
• Executing and reviewing negative media alerts from client screening and escalate where necessary.
• Meeting production target volumes and dates as advised.
• Communication with the institution's officers and other employees involved in the maintenance of internal control standards.
• Liaise with the Front Office or changes to client information.
• Collaborate with various internal teams.
• Identify and resolve or escalate, as appropriate, any issues in relation to the onboarding process.
• Assisting with other tasks.

Qualifications:

• Previous AML related assignment work experience.

• Minimum of 1-2 years related banking, compliance, audit experience with specific experience relating to on-boarding of clients.
• Strong analytical and problem-solving skills would be a significant plus.
• Proficient in English.
• Maintain a working knowledge of anti-money laundering related requirements.
• Apply procedures and guidelines to ensure client is appropriately served.