Roles & Responsibilities

Desired Candidate Profile

Conduct AML / KYC reviews of new counterparties requested by the business, following the agreed process with regard to sanctions, financial crime and other requirements. This would include performing research via internal and external sources, gathering and analyzing documentation in accordance with KYC requirements.
•Liaise with front office as necessary to obtain documentation relating to AML / KYC checks.
•Escalate high risk cases, adverse sanctions listings or discrepancies to Legal and Compliance teams and Regulatory Authority, as appropriate.
•Educate the business to understand and assist in identifying AML /  KYC risks and requirements.
•Maintain central database with key counterparty data and produce required statistics and reports.
•Ensure records are created and retained in the correct manner and meet all retention requirements.
•Ensure all relevant information is up to date and that any change in risk profiles have been identified and addressed along with ongoing monitoring of existing counterparties, for example investigating alerts from automated and semi-automated screening tools and conducting regular counterparty re-reviews when required.
•Provide response to KYC / AML forms received from front office.
•Identify control deficiencies and potential points of compliance breakdown in the customer on-boarding process and liaise with relevant stakeholders to address these.