Manager/Assistant Manager, Fund Services (KYC/AML)

Vistra

  • Hong Kong
  • Permanent
  • Full-time
  • 25 days ago
It’s never been a more exciting time to join Vistra.At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.We are seeking a Manager/Assistant Manager (KYC/AML) for our Fund Services team. The role will be the main contact for daily KYC/AML matters for fund clients and their investors, and act as Money Laundering Reporting Officer (MLRO) role for BVI and/or Cayman fund structures.You will be in charge of daily onboarding and periodic file reviews of client and investor due diligence (CDD) matters re various jurisdictions (e.g. BVI, Cayman Islands, Hong Kong, etc.). You will advise on the development and implementation of compliance policies, procedures and monitoring programs on AML related activities, compliance manual and core control documents that meet regulatory requirements.Key responsibilities:
  • Act as the MLRO for BVI and Cayman fund structures.
  • Oversee client and investor onboarding processes across various jurisdictions (e.g. BVI, Cayman Islands, Hong Kong), including daily onboarding and periodic file reviews.
  • Review, process, and validate KYC documents, forms, and agreements for new investors and fund clients.
  • Liaise directly with clients or investors to follow up and complete the KYC process.
  • Conduct investor/client risk assessments and act as the escalation point for high-risk cases, interpreting risk factors for fund clients to ensure regulatory compliance.
  • Collect and verify due diligence information through research using public information systems.
  • Maintain accurate and up-to-date client and investor information in internal databases.
  • Prepare KYC due diligence reports and AML reports for fund clients and their Boards; present these reports to the Board of Directors as required.
  • Lead a team in the Shared Services Centre to conduct investors’ KYC and internal client acceptance works for fund clients
  • Manage and mentor a team of junior staff (both in HK & Foshan), provide guidance and assistance on complicated cases and daily operations of the Client Acceptance Team
  • Collaborate with the Business Development team to obtain onboarding documentation and respond to client inquiries regarding CDD requirements.
  • Implement and maintain the Group’s Customer Due Diligence Information System.
  • Support the implementation of AML compliance policies, procedures, monitoring programs, and relevant control documentss
  • Perform any ad hoc duties as assigned.
Key requirements:
  • Minimum 3 to 5 years of relevant working experience in financial services or corporate services firms in Private Equity / Funds / Alternative Investment space
  • Previous experience in a stand-alone function would be an asset
  • AML/CFT, CAMS or similar qualifications would be highly advantageous
  • Familiarity with related AML regulations and legislation
  • Knowledge in Worldcheck, Napier Vscreen, SAP or Viewpoint will be an advantage
  • Excellent communication skills coupled with meticulous attention to fine detail
  • Keen to work in a challenging, fast paced and dynamic environment
  • Client-focused and detail-oriented
  • Professional fluency in written and oral English, Cantonese and Mandarin
Company Benefits:At our Hong Kong office, we believe in putting our employees’ well-being first! We offer a flexible hybrid working arrangement and birthday leave.Additionally, we provide comprehensive medical insurance and dental coverage, wellness allowance and competitive annual leave entitlement to support your well-being and time to recharge or explore your passions out of work.As advocates of continuous learning and professional development, we provide an internal mentorship program and reimburse professional membership fees for certifications like CA, or ACCA, ensuring you stay ahead in your field.If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.

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