Position purpose:
As the member of OIC team in FIC, the main purpose is to undertake the Relationship manager role in supporting and serving the OIC clients in the region to achieve the given mandate and mission. (75–80%)
In addition to the RM mandates, the position will also have responsibilities on FIC APAC Risk Management. (20–25%)
Direct Responsibilities as Relationship Manager:
- To ensure that all data for OIC APAC is updated and valid
- To ensure the validity of MIS
- Begin covering the HK based OIC accounts (HKSE and all the various HK Govt entities)
Direct Responsibilities on Risk Management:
- Responsible for RSCA for FIC APAC working with the Central FIC CCCO team
- Logging Risk incidents where required
- FiSAC Checklist Control for new loans on regular basis
- Preparing any FIC risk documents required for internal risk committees (ICC/HKTICC)
- Support to FIC APAC COO when required or cover for when on leave
Appendix
- Ensure compliance with Bank’s policies/procedures and regulatory requirements, in particular with regards to the KYC responsibilities and duties, as per relevant policies and procedures, and the summary of responsibilities list attached below:
- must initiate the KYC on boarding process and is responsible to collect the KYC data (with support of the appropriate teams in charge of due diligence);
- is primarily responsible for ensuring that customer due diligence has been completed to a satisfactory standard, and is kept up‐to‐date;
- makes an assessment whether starting a new relationship or maintaining an existing relationship with a customer is appropriate, in respect of the reputation and the money laundering/terrorist financing/sanctions risks, irrespective of the possible type of business the customer is currently doing or intends to do with the bank. This assessment must be formalized in writing in the KYC package (qualitative SBO opinion describing the risks and their mitigants is mandatory in all cases);
- uses the KYC scoring grid and his/her judgment to determine the sensitivity, assisted by the teams in charge of due diligence. He/she provides the teams in charge of due diligence with the knowledge/details they need when contacts with customers is required;
- submits the customer’s KYC file to the CAC (Customer Acceptance Committee), as may be required, and provides the CAC with all information and documentation it may require;
- Contributes to assess the relevance and appropriateness of offering and/or maintaining certain products and services of the Bank in view of the risk profile of the customer;
- Contributes to the detection of any unusual and/or suspicious transactions by his/her customer with due reporting to a Compliance Officer; and employs his/her best efforts to maintain a thorough knowledge of his/her customer from available documentary sources and regular direct contacts with them.
- Finally, he/she must keep the KYC up‐to date in accordance with the Bank’s standards. In particular, he/she must trigger an ad‐hoc review as soon as necessary, notably in case of becoming aware of any material adverse information in connection with any of their customers in the field of AML‐CTF, in accordance with the relevant KYC policies
