About This Role
This role is for a KYC (Know Your Customer) Specialist who will ensure the company complies with all regulatory requirements related to anti-money laundering (AML), counter terrorism financing (CTF), and customer due diligence (CDD). The position involves verifying customer identities, reviewing documentation, assessing risk, and ensuring adherence to internal and external regulations.
Responsibilities
- Be responsible for end-to-end client acceptance as per AML, CTF regulations and AML/KYC policy and procedures, including document collection and verification
- Perform high quality periodic review of KYC information, ensuring client KYC files are in line with applicable laws, regulations, and company policies and procedures
- Ensure that set targets are met
- Make sure all risk factors are identified in the client profile and the risk rating is accurately calculated
- Communicate effectively and efficiently (per SLA) with relevant internal and external parties
- Update all relevant systems and applications, in accordance with applicable policies, procedures, and work instructions
- Deliver exceptional customer services to clients by ensuring asks are met in an efficient period
- Conduct on-going monitoring of client transactions to detect suspicious activities
- Conduct client acceptance KYC review and CDD for client entities, participants, shareholders, and other relevant parties
- Perform ownership drilldown, identifying intermediate beneficial owners, ultimate beneficiary owners, controlling parties, and other relevant parties
- Identify the risk factors present in client profiles and articulate effective financial crime risk management, communicating effectively with internal stakeholders
- Meet the required quality standards for KYC reviews
- Support implementation of any new compliance related policies, procedures, and programs
- Ensure adherence to all company policies, procedures, and programs, maintaining knowledge on applicable escalation routes in case of (potential) non-compliance
- Organize workflow, ensuring information is processed promptly and deadlines are met
- Handle workload peaks
- Perform documentation and reporting
- Advocate and practice the Compliance and Risk Mindset
Requirements
experience in banking or corporate services
- Understanding of AML, KYC, Due diligence processes
- Work in line with internal procedures and under the guidance of the Leader
- Pragmatic but critical approach, attention to detail and problem-solving mentality
- Excellent analytical skills
- Excellent fluency in English, both verbal and in writing
