Portfolio Management Associate - KYC & Middle Office (Based in Beijing, China)

Job Description

The Implementation Monitoring Department (IMD) is responsible for monitoring AIIB’s rapidly growing investment portfolio, which includes loans and equity investments with or without sovereign guarantees and assisting management and project teams to ensure portfolio quality.

IMD’s main functions include: (1) monitoring the entire Investment Operations (IO) portfolio and providing portfolio reports and data analytics; (2) managing the nonsovereign-backed financing (NSBF) assets that have been transferred to IMD; (3) coordinating the design and implementation of IT systems for Investment Operations; and (4) providing Secretariat services to the Investment Committee.

IMD is recruiting a Portfolio Management Associate with relevant experience in KYC (Know-Your-Client) and/or Financial Crimes and Integrity Due Diligence (FCIDD) and portfolio administration for loans and/or equity investments to support the management of assets under IMD’s remit. The Associate will report to the Head of Middle Office, IMD and will work closely with the Investment Operations Specialist-KYC and other IMD staff on KYC-related work and other Middle Office functions as needed.

A. Assist and coordinate KYC/FCIDD on Bank’s counterparties and clients as per Bank’s Administrative Guidance (AG) on KYC/FCIDD for Investment Operations;

• Assist/coordinate KYC/FCIDD for on-boarding of new counterparties (and connected parties) of investment projects & programs of the Bank as per KYC AG;
• Assist/coordinate KYC/FCIDD and periodic review as part of the on-going monitoring/updating of existing investment projects & program as per KYC AG;

B. Support assurance of quality, accuracy and completeness of KYC/FCIDD requirements and outputs;

• Support/perform quality assurance (QA) on KYC files to ensure accuracy, completeness in compliance with KYC AG;
• Continuously monitor trigger events including but not limited to counterparties’ material changes, adverse media, or irregular activities;

C. Collaborate with internal stakeholders;

• Work closely with IMD staff, Compliance team and other Investment Operations Departments (IODs); Work closely with IT team and vendors to enhance KYC systems;
• Contribute to the development and enhancement of relevant policies, guidelines, operating manuals and tools;
• Help develop specific training materials and assist with delivering such to relevant internal stakeholders;
• Support Middle Office functions including but not limited to portfolio management, process improvement, quality control, collateral management and monitoring system integration;

D. Coordinate with the KYC service provider and relevant IT system provider.

• Bachelor’s degree, preferrably in law, business administration, finance or international studies from a reputable university.
• Minimum 5 years of relevant work experience in banking, finance, investment and/or risk management with a commercial/investment bank and/or international financial institution; proven strong analytical and credit skills.
• More than two years of experience in Know Your Counterparty (KYC) with solid understanding of KYC systems and tools.
• Minimum 2 years of subject matter experience in monitoring and managing financial crime risks, including Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) as well as in international financial and economic sanctions in the financial industry, banking, or other similar public or private institutions.
• Working knowledge of international development finance and its business operations would be a plus.
• Relevant Professional Designation in a related field would be advantage.
• Good project management skills with the ability to manage multiple tasks concurrently, prioritize effectively and adhere to deadlines while always paying attention to detail.
• Strong teamwork ethic and communication skills.
• Excellent command of written and spoken English, including the ability to prepare, present, and discuss recommendations clearly and concisely; and
• Excellent command of Microsoft Office and other relevant software.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and econo­mic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

About the Organization

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.