Overview
AML/KYC Intern Jobs in Luxembourg, Luxembourg at Bank of Communications (Luxembourg) S.A.
Title: AML/KYC Intern
Company: Bank of Communications (Luxembourg) S.A.
Location: Luxembourg, Luxembourg
General Description:
Bank of Communications (Bocomm) is one of the major financial services provider in China with a history of over 100 years since its foundation in 1908. As one of the banks to have issued banknotes in modern Chinese history, Bocomm was ranked No.151 among Fortune Global 500 in terms of operating income by the Fortune and No.11 among the global top 1,000 banks in terms of Tier 1 Capital rated by the London-based magazine: The Banker.
Bank of Communications (Luxembourg) S.A was established in 2015 and Bank of Communications Co.Ltd Luxembourg Branch was established in 2017. Its business scope includes corporate and institutional banking, loan syndications, and corporate bond investment etc. As a fully invested subsidiary of Bank of Communications, offering corporate banking services in the EU and China, we would like to offer you the opportunity to work with an energetic and prosperous team aiming to be succeed in the European market as a professional bank institution.
Main Duties and Responsibilities:
Responsible for data input and supporting client on-boarding for loan and deposits,
Responsible for client administration as well as tax reporting
Responsible for the monitoring of periodic KYC/AML reviews for existing clients
In this respect, the candidate reports to KYC Officer on KYC for all clients being on-boarded
Constant communication with Business Lines, Compliance, Credit and Operations to ensure that clients are on-boarded in a coordinated, efficient and streamlined manner
Responsible for the tax reporting to compliance department (CRS & FATCA)
Qualifications and experience:
You are expected to have: elor’s degree or above in Finance, Banking, Law, Business & Management, Marketing, Communication, Mathematics and other related areas;
a concise understanding of the regulatory environment and legal and compliance requirements in place in Luxembourg or the desire to quickly learn the above;
a genuine interest in developing a thorough understanding of the Bank’s business and take a proactive approach to work with other departments in the bank;
attention to detail as well as the ability to solve problems quickly and efficiently is essential;
experience to cooperate with the oversight and control functions within their risk and control mandates;
excellent communication skills in both writing and verbally;
ability to work under pressure;
Proficiency in English;
Disclaimer:
The preceding description is not representing a complete list of all duties and responsibilities required of the AML/KYC Intern. In accordance with the provisions of the Luxembourg Law of 23 July 2016 amending the Law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must have been issued within the last 3 months. This document is requested to carry out a background check on candidates, taking into account the field in which the BoCom operates and, more specifically, the tasks described in this job description.
