- Ensure all existing client relationships have undergone the appropriate client screening as mandated by Global AML Procedures and Global KYC Procedures.
- Work closely with his / her counterparts in other regions and infrastructure groups, especially Global Reference Data, Credit and Compliance.
- Communicate daily with the Sales and Banking teams.
Key Accountabilities and Skills required:
- Perform the required KYC screening on existing clients by documenting and corroborating the information obtained on the client as required by Global KYC Procedures utilizing a variety of independent research sources.
- Analyze Client data, documentation and negative news in order to determine Client Risk Profile as established under the Global KYC Procedures.
- Collaborate with the KYC Group’s counterparts worldwide on global requests.
- Produce a detailed client review write up in the Global Account Opening System.
- Maintain detailed records on clients for second-level review.
- Track and report all documentation breaks.
- Responsible for reviewing and ensuring all required AML / KYC Regulatory requirements for existing clients are still in place. ( i.e. executed USA Patriot Act certification for all Foreign Banks, MIFID, etc)
- Liaise with Compliance on specific requirements and regulations arising under special circumstances.
- Liaise with Clients, Front Office, Credit, Legal and Operations as necessary as part of the KYC Refresh process.
- Risk and Control: All colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards
- Undergraduate degree (preferably business degree) or equivalent job experience
- 3-7 years of KYC Onboarding or related banking experience
- Possess average to above average PC skills (Word and Excel)
- Knowledge and use of the internet
- Detail oriented with the ability to multi-task, prioritize work assignments, communicate effectively with internal staff and clients, and complete assignments accurately and in a timely manner.
- Follow-through skills and time management are critical elements of this position.
- Knowledge of various types of trading entities – hedge funds, asset managers, pension funds, limited, private and public companies, holding companies, trust's etc.
All your information will be kept confidential according to EEO guidelines.
