13 days old

CDD Analyst (Seoul)

BGC Partners
Seoul, KR-11
  • Job Code
Main purpose of the role
As we are expanding across Asia, this is a newly created role in our Seoul office to support the growth of the business by:

  • Conducting CDD (Client Due Diligence) and EDD (Enhanced Due Diligence) on new counterparties. Ensuring the process is performed accurately, timely and in line with company policy.
  • Ensuring CDD information held on existing counterparties is refreshed on a risk-based basis ensuring it remains up to date and accurate

Key responsibilities
Core Activities

  • Receive Client Due Diligence requests from the CDD Team Lead and review the requirements
  • Perform Client Due Diligence on new and existing counterparties and enhanced due diligence where applicable
  • Undertake sanction and PEP screening on new and existing clients to determine if there are any PEPs/Sanction/AML risks
  • Apply MiFID/DFSA categorisation to new counterparties and review existing categorisations
  • Obtain background information on clients through on-line research and other relevant sources
  • Liaise with Front Office staff to obtain any outstanding Client Due Diligence documentation and on occasion, directly with clients
  • Review Client Due Diligence information held on existing clients to identify shortfalls and obtain missing documentation
  • Record account status and approval information in the appropriate databases/spreadsheets
  • Update the PEP register and complete PEP forms and ensure all PEP relations are approved by the MLRO and relevant Quality Assurance member of team
  • File / scan Client Due Diligence information
  • Be alert to conduct and reputational risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm


  • Act as subject matter expert in all Client Due Diligence issues
  • Take on roles and responsibilities as required by the Client Due Diligence Manager to ensure the successful operation of the Client Due Diligence Team

Key contacts/working relationships

  • Work closely with colleagues across BGC Compliance and where necessary liaise with the BGC MLRO & Deputy MLRO
  • Work closely and in a timely manner with the Front Office to obtain information required to complete the Client Due Diligence process

Key outputs and key performance indicators

  • Accurate and timely approval of new accounts
  • Accurate and timely categorisation of clients in accordance with MiFID/DFSA categorisation requirements
  • Appropriate and timely escalation of concerns
  • Accurate record keeping
  • Minimal "quality assurance" failure rate

Key requirements

  • Experience of working in a Client Due Diligence role within Financial Services
  • Previous experience of working directly with the Front Office
  • Good working knowledge of Singapore anti money laundering requirements
  • Experience of CDD requirements for a wide range of customers including private companies, government entities, unregulated funds, off shore jurisdictions and introducing brokers
  • Good organisational and time management skills
  • Ability to communicate relevant information in a timely and clear manner
  • Ability to work under pressure

We offer highly attractive salary packages and benefits to the successful applicant.

All data collected will be treated strictly confidential and used for recruitment purpose only. We regret that only shortlisted candidates will be contacted.

Posted: 2020-01-08 Expires: 2020-02-06
Sponsored by:
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Sponsored by:
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CDD Analyst (Seoul)

BGC Partners
Seoul, KR-11

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