Temporary AML Analyst (21-14222)
Job Description
6 Month Contract
Intervening at the final stages of the KYC due diligence process and working in close coordination with all stakeholders part of the KYC Due Diligence process (including Data Officers; Data Controllers; Screeners; Investigators; Compliance; and Relationship Managers), Senior KYC officer is responsible for ensuring that due diligence on new or existing clients has been conducted in compliance with regulatory requirements and internal policies/guidelines.
Performing a factual-based analysis, Senior KYC Officer’s key responsibilities include:
§Ensuring that all data, document and information collected as part of the Due Diligence process are compliant and reliable to determine the final risk level of the client relationship
§Ensuring that the level of due diligence performed is in accordance with the final risk level of the client relationship
§Ensuring that local regulatory requirements pertaining to the KYC case has been fulfilled
§Ensuring that financial security risk triggers are appropriately consulted with Compliance for opinion
§Preparing a memo substantiating the KYC analysis review
§Ensuring that the file is submitted for Relationship Manager’s final sign-off
§Organizing the Client Acceptance Committee (CAC) as appropriate
The candidate will have at least 5 years of experience in the financial services sector, with at least 3 years in AML/KYC-related role. The candidate must exemplify at least:
Hard Skills & Knowledge:
§General knowledge on financial industry and products, including awareness of various types of corporate entities – hedge funds, asset managers, pension funds, limited, private and public companies, holding companies, trusts etc.
§Ability to comprehend and parse and/or interpret complex organizational and corporate structures for ownership percentage, subsidiary breakdown or merger activity
§Experience in a control function (having a control mind-set)
§Knowledge on AML/KYC operational process
§Knowledge on AML/KYC-related regulatory rules, including but not limited to – USA PATRIOT Act, Bank Secrecy Act, 3rd European Directive, FCPA, OFAC and related AML regulations
§Knowledge on financial security screening (sanctions, political exposed persons, negative news)
§Knowledge and experience on using database and vendors for KYC (such as Orbis, World-Check, Lexis/Nexis, Dow Jones, Avox, PRIME etc)
§Knowledge on OFAC (Office of Foreign Assets Control) screening requirements
Soft Skills:
§Strong analytical skills, ability to gain an in depth understanding of complex processes and systems
§Strong interpersonal and communications skills as evidenced by the ability to work effectively with representatives of a diverse range of departments
§Ability to prioritize and work under time pressure
§Client-oriented yet with control mindset
§Quality and result-driven
§Team player willing to accept challenges large and small and meet them under time pressure
§Adaptable, able to multi-task across multiple and varying assignments
§Ability to generate and convey clear and concise status updates to management and stakeholders
§Strong Excel/ Word/ Access / PowerPoint/ presentation building skills (graphs, charts, design)
§Fluency in English is required and working competence in another language (Spanish, Portuguese…) preferred
§Bachelor degree required
§Certified Anti-Money Laundering Specialist (CAMS), or equivalent, a plus
It is desirable for the candidate to have exposure to investment banking products, including an understanding of their financial characteristics and markets. An appreciation of the key processes, systems and organization structure of an investment bank will also be an asset.
How to Apply
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