Senior KYC Officer (CIB)

Job duties:

Client Due Diligence (KYC/AML)

• Assess each Client Onboarding scenario and apply the appropriate level of Customer Due Diligence to ensure complete documentation and ensure we meet our obligations under relevant AML regulations and guidance
• Ensure compliance - approve cases within own delegated authority or for cases that exceed delegated authority submit for further approval
• Research and analyze background on new and existing clients. Communicate and explain any reasons for rejection to brokers or requestors in course of research
• Perform regular periodic reviews of client accounts based on set review dates
• Review and update changes into Client Onboarding systems and other workflow tools as necessary
• Provide AML/KYC advice and guidance to the brokers
• Identify and escalate to the Legal, Compliance or MLRO (Advisory), based on escalation matrix, any issues, risks or control weaknesses in Onboarding process, work/low systems and controls and suggest possible solutions
• Keep abreast of regulatory and legal initiatives, highlighting significant AML/KYC/sanctions compliance issues and advising on implications of changes in regulation to the Onboarding process
• Build and maintain good working relationship with both internal and external stakeholders
• Provide training and guidance to the team
• Updating procedures, system controls and identify key process improvements related to the KYC/AML processes
• Undertake projects and ad-hoc duties as required

Knowledge

• Experience in performing due diligence on FIs, Non-FIs, and Corporates
• Good understanding of Financial Regulations in relation to AML/KYC Client Onboarding process

Experience

• At least 3 years relevant working experiences in similar industry
• Skilled with Team management will be a plus
•   Experience with name screening tool, preferably Worldcheck