Corporate Banking Risk and Control

Job purpose

We are seeking a detail-oriented Risk and Control member to join our Corporate Banking team, focusing on compliance, risk control, and operational integrity. This role is pivotal in managing client due diligence (KYC/ODD), internal controls, audits, and liaising with risk management teams to address credit/operational risks tied to corporate banking activities. 

Responsibilities would be, but not be limited to, the following:

1. Client Due Diligence & Compliance 

- Conduct Know Your Customer (KYC) reviews for corporate clients, ensuring compliance with AML, CDD, and regulatory standards. 

- Perform Ongoing Due Diligence (ODD) for existing clients including periodic reviews to reassess client risk profiles based on transactional behavior, ownership changes, or business activities.

- Monitoring material changes (e.g., mergers, sanctions, adverse media) and escalating risks proactively.

- Updating client records and documentation to maintain compliance with CDD requirements.

- Prepare due diligence reports and maintain documentation. 

 2. Internal Control

- Develop and implement post loan management internal control frameworks to safeguard corporate banking operations. 

- Conduct regular reviews to evaluate control effectiveness and compliance with policies. 

- Identify process gaps, recommend corrective actions, and track remediation progress. 

- Collaborate with Compliance/Risk department to align controls with evolving regulations. 

- Support mitigating risks in transaction processing, fraud prevention, and system resilience.

3. Cross-Functional/Sub-Branches Collaboration

- Work with Sub-branches, Relationship Managers, Compliance, Risk and IT to streamline workflows and enhance internal controls.