KYC Onboarding Professional

Open 55d

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.

See also