Compliance Assistant Job at Industrial and Commercial Bank of China (ICBC)

Job Description

– Assist to review and assess the AML and compliance risks associated with the Bank’s current and proposed future business activities.
– Assist to review the KYC of the Bank and identify potential AML and compliance risk associated with the client.
– Assist to operate the Bank’s transaction monitoring system, suspicious transaction monitoring system, and other relevant systems.
– Assist to identify and keep an inventory available to all staff of essential laws and regulation pertinent to the branch.
– Assist to monitor compliance with internal policies, procedures and guidelines by performing regular and comprehensive compliance risk assessments and testing.
– Assist to centralise all information on AML and compliance-related issues (e.g. breach of regulation, non-respect of procedures).
– Assist to archive the training records and materials.
– Any other responsibility assigned by the Bank from time to time on the basis of requirement.

Job Requirements

– Education: Minimum Bachelor’s degree in Business, Finance or Law from a reputed university
– Experience: 1-3 years of working experience in regulatory compliance or financial crime within financial sector
– General knowledge about local and international financial regulations
– Able to identify problems, risks, and seek practical solutions
– Able to balance commercial objectives with legal, regulatory to arrive at sound judgments and decisions
– Ability to work under pressure
– Fluent in Mandarin is a plus

About Company

Company: Industrial and Commercial Bank of China (ICBC)
Company Location:  Dubai, UAE

About Industrial and Commercial Bank of China (ICBC)

Industrial and Commercial Bank of China Ltd. (ICBC) is China's largest bank and the largest bank in the world. It is one of China's "Big Four" state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It is the largest bank in the world in terms of market value, the world's largest bank by deposits, and the world's most profitable bank.