Specialist CDD Analyst
Specialist CDD Analyst
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Purpose:
In accordance with the USA banking and international AntiMoney Laundering Requirements banks such as FAB are obliged to perform KnowYourClient (KYC) reviews on all new clients they adopt and periodic reviews of these clients.
The Customer Due Diligence (CDD) Analyst is responsible for coordinating with the US FAB Business team FAB US Compliance team client points of contact etc. to complete KYC on all FAB relationships.
This can be either a new onboarding even triggered or periodic reviews. It will ensure the documentary evidence meets internal guidelines and regulatory expectations. Additionally adherence to Group KYC standards need to be enforced.
Key Accountabilities:
- Conduct KYC CDD and Enhanced due diligence on institutional financial institutions and corporate and commercial clients.
- Conduct AML transactional review of client activity.
- Work closely with front office staff to obtain required KYC information and documents. This includes but is not limited to gathering information from customer including financial statements legal documentation organizations documents identification information etc.
- Thoroughly review and verify the ownership breakdown and control structure of legal entities.
- Detect any red flags to prevent money laundering terrorist financing and other financial crimes or any potential reputational risks through the due diligence process.
- Conduct name screening for customers and related parties.
- Ensure that all customer KYC and credit related documents are up to date and maintained in an organized fashion.
- Maintain and manage CDD file review trackers and customer lists accurate and up to date.
- Track all outstanding Audit and Compliance review issues.
- Work closely with Compliance team to address gaps in customer files.
- Assist in preparing management responses to Compliance Monitoring Reviews as well as Audit reports.
- Provide relationship manager support as necessary.
- Provide support for annual regulatory visits.
Qualifications :
Minimum Qualification
- Bachelors Degree or higher in Business Administration Banking or Finance.
- Strong analytical interpersonal and communication skills.
- Proactive with the ability to generate ideas think creatively and develop innovative solutions.
- Discrete and has sense for integrity and handles highly sensitive information with absolute confidentiality.
- Preferably with certification in compliance KYC/AML/CFT financial crime or risk management (CKYC CAMS etc.)
Minimum Experience
- Minimum of 3 years of experience in a reputable international bank.
- Minimum of 3 years of experience within an Onboarding KYC or Compliance function.
- Relevant experience (AML/KYC/compliance related) with understanding of financial institutions KYC requirements.
- Familiarity with AML/KYC regulations and industry guidelines along with client structure and hierarchies knowledge of Funds Brokers Loan Agencies & Correspondent Banks.
- Experienced with operating in a global regulatory environment.
- Strong Microsoft application knowledge.
- Proactive and business oriented with proven ability to prioritize manage conflicting demands and ability to assess.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
