(Branch) Permanent_Corporate Coverage Group_Senior RM

Primary Role Responsibilities

• Co-sharing of primary responsibility with business lines for deal originations 
• Coordinate and mobilize business line resources to achieve revenue goal through an efficient and effective utilization of Client Action Plans
• Oversee global risks of clients under his/her responsibility, while helping a credit analyst to have access to sufficient client and deal information in relation to the preparation of credit applications
• Contribute inter‐branch and inter‐department communication in a timely and cooperative manner with an ultimate goal of business success
• Commit himself/herself to the achievement of the goal of Corporate Coverage Korea as a team member
• Support HCCs (Heads of Corporate Coverage) for senior level client discussions‐ Responsibilities over KYC and ongoing monitoring of customer activities:

Other contributions

• 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 (including a qualitative RM Assessment describing the risks and their mitigants , which 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 and procedures

What is required for you to succeed?

• When acting as Secondary Site RM of Legal Entities benefiting from the passport procedure, responsibility of the Secondary Site RM is to acknowledge and approve, on behalf of the Secondary Site, the KYC onboarding or recertification due diligence (performed and completed by the Primary Site) for Legal Entities being rated medium risk and low risk, and submit the customer’s KYC file to a CAC for a Legal Entity being rated high risk by the Primary Site .

Required education/certification/licenses

• Bachelor’s degree or Equivalent (3 years)
• Experience - At least 10 years