Assistant Compliance Officer KDB Silicon Valley LLC (Venture Capital Subsidiary of the Korea Development Bank) Company Overview KDB Silicon Valley LLC, a Venture Capital Subsidiary of the Korea ...
Assistant Compliance Officer KDB Silicon Valley LLC (Venture Capital Subsidiary of the Korea Development Bank) Company Overview KDB Silicon Valley LLC, a Venture Capital Subsidiary of the Korea ...
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Development Bank information
See California salary details
$28.6K - $33.3K
7% of jobs
$33.3K - $38K
8% of jobs
$42K is the 25th percentile. Wages below this are outliers.
$38K - $42.6K
11% of jobs
$42.6K - $47.3K
14% of jobs
The median wage is $49.7K / yr.
$47.3K - $51.9K
19% of jobs
$51.9K - $56.6K
13% of jobs
$58K is the 75th percentile. Wages above this are outliers.
$56.6K - $61.3K
12% of jobs
$61.3K - $65.9K
8% of jobs
$65.9K - $70.6K
4% of jobs
$70.6K - $75.3K
3% of jobs
$75.3K - $79.9K
1% of jobs
$28.6K
$52.7K
$79.9K
How much do development bank jobs pay per year?
What is a development bank?
What is the difference between Development Bank vs Commercial Banker?
| Aspect | Development Bank | Commercial Banker |
|---|---|---|
| Credentials | Typically requires finance, economics, or related degrees; certifications like CFA are common | Similar educational background; certifications like CFA or CPA are advantageous |
| Work Environment | Focus on project financing, economic development, and long-term investments | Customer-focused, retail or corporate banking settings, handling loans and accounts |
| Employer & Industry | Government agencies, international organizations, development finance institutions | Banks, financial institutions, commercial banks |
Development Bank and Commercial Banker roles share similar educational backgrounds and certifications but differ mainly in their focus. Development Banks concentrate on funding projects that promote economic growth, often working with government or international bodies. Commercial Bankers primarily serve individual and business clients with banking services. Understanding these differences helps job seekers identify the right career path in finance.
What are some common challenges professionals face when working at a development bank, and how can they prepare for them?
What are the key skills and qualifications needed to thrive as a Development Bank professional, and why are they important?
Which bank job is high salary?
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Posted 14 days ago
Job description
Assistant Compliance Officer
KDB Silicon Valley LLC
(Venture Capital Subsidiary of the Korea Development Bank)
Company Overview
KDB Silicon Valley LLC, a Venture Capital Subsidiary of the Korea Development Bank(โKDBโ), aims to lead innovation through investment activity.
KDB is a government-owned bank based in South Korea and one of the largest banking and investment institutions in Korea. KDB has broadened its investment reach by establishing the first overseas VC subsidiary in Silicon Valley.
Founded in May 2021 and located in downtown Mountain View, KDB Silicon Valley LLC commenced its operations in November 2021. We focus on early/mid-stage, cross-sector investments. Additionally, we allocate capital to other VC funds as LP investments.
Job Description
KDB Silicon Valley LLC is seeking an Assistant Compliance Officer at our Mountain View, CA location. The Assistant Compliance Officer will report to and support the Senior Compliance Officer in establishing, managing, and implementing the compliance program, as well as overseeing key compliance matters. Under the direction of the Senior Compliance Officer, the role will also involve reviewing and supporting the companyโs internal policies and legal matters, and coordinating with external counsels. In addition, the candidate may perform other business-related duties as assigned by the company.
Location : Onsite at Mountain View office
Start Date : Coordination
Compensation : USD 75,000.00 ~ 120,000.00/ yearly
Responsibilities
- Identify, assess and advise on compliance risks and issues relating to VC operations and applicable banking regulations
- Develop, implement, maintain and enhance the companyโs compliance program, including but not limited to risk assessments, compliance testing, monitoring, policy development, and internal control
- Provide support and guidance on compliance-related maters
- Collaborate with stakeholders to ensure compliance with relevant regulations and laws
- Ensure all required regulatory reporting is completed in a timely, accurate, and compliant manner
- Review and analyze the regulatory changes, including but not limited to new laws, regulations and regulatory guidance, and assess their impact on the companyโs operations and business activities
- Collaborate with stakeholders to ensure compliance with relevant regulations and laws
- Provide guidance and support on compliance-related matters
- Liaise with regulatory examiners during compliance examinations and auditors during compliance audits
- Coordinate with outside counsel and external advisors regarding regulatory, legal, and industry practice matters
- Support legal and compliance due diligence activities relating to prospective investments and initiatives
- Engage in active communications with KDB HQ and affiliated entities regarding compliance, audit, and regulatory matters, including submission of required reports as applicable
- Assist with employee compliance training and promote company-wide compliance awareness
- Manage third-party risk management processes, including vendor onboarding, due diligence, and contract oversight
- Support additional operational and administrative functions for the company
Qualifications/Requirements
- Bachelor's degree or higher required
- Bilingual โ English and Korean (fluent)
- Excellent verbal and written communications skills
- Experience working in financial compliance (Preferred but not required)
- CRCM, CAMS, CGSS (Preferred but not required)
- Knowledge of VC operations and processes as a non-banking entity under related banking regulations
- Familiarity with venture capital investment preferred
- Proficiency in MS Office products (Word, Excel, and PowerPoint)
- Discretion and confidentiality
- Planning and time management skills
- High level of motivation, integrity, and self-confidence
- Respect and care, collaboration and flexibility, honesty and transparency
- Candidates applying for this position must be legally authorized to work in the United States.
- Full-time employees are eligible for our comprehensive benefits package starting on the first day of the month following the successful completion of a 90-day introductory period.