KYC Analyst
UBS
The PKR RHOB team is primarily responsible for assessing the red flags such as PEP, Negative News, Sanctions, High risk industry exposure etc. identified during the review. The team is also responsible to address the queries and provide guidance to the reviews teams in line with UBS IB Group AML & KYC policy. This team collaborate between 1LoD and 2LoD to assess the appropriate risk for clients where relevant and assist the teams to close the reviews within agreed SLAs.
Responsibilities:
Business Deliverables
• Review the issues escalated by the 1LoD and provide assessment in accordance with regulatory requirements and internal policies, ensuring high-quality standards are consistently met and timelines adhered.
• Collaborate with stakeholders from the business, Operations, Compliance and client services in different locations
• Take risk based decisions consistent with client identification policy
• Provide guidance and support to KYC analysts as needed, including training on KYC processes and procedures
• Assessment of AML/Financial Crimes risks associated with well-known financial institutions, audit firms and fund administrators.
• Assist Financial Crime Prevention team and Global PEP Unit by providing up-to-date information on IB Global PEPs
• Communicating/escalating issues to management where applicable
• Obtaining clarifications from 2LoD on interpretation issues or gaps identified in CIP
• Manage multiple deadlines in a fast-paced environment
• Collaborate with 1LOD and 2LOD sampling teams and ensure the issues are closed in a timely manner
• Allocation, tracking and delivery of escalations and associated root cause assessments
• Preparation and presentation of RHOB overview and updates to the Senior Management and Global risk forums
• Assist Management with required data inputs or analysis during Audits
• Delivery of Risk awareness and other risk related trainings to Global PKR teams
• Delivery of action items in Risk lead absence
• Meet firm wide quality standards
• Collaborate with Relationship Managers, Compliance Officers, and other stakeholders to address any discrepancies or issues in KYC documentation
Responsibilities:
Business Deliverables
• Review the issues escalated by the 1LoD and provide assessment in accordance with regulatory requirements and internal policies, ensuring high-quality standards are consistently met and timelines adhered.
• Collaborate with stakeholders from the business, Operations, Compliance and client services in different locations
• Take risk based decisions consistent with client identification policy
• Provide guidance and support to KYC analysts as needed, including training on KYC processes and procedures
• Assessment of AML/Financial Crimes risks associated with well-known financial institutions, audit firms and fund administrators.
• Assist Financial Crime Prevention team and Global PEP Unit by providing up-to-date information on IB Global PEPs
• Communicating/escalating issues to management where applicable
• Obtaining clarifications from 2LoD on interpretation issues or gaps identified in CIP
• Manage multiple deadlines in a fast-paced environment
• Collaborate with 1LOD and 2LOD sampling teams and ensure the issues are closed in a timely manner
• Allocation, tracking and delivery of escalations and associated root cause assessments
• Preparation and presentation of RHOB overview and updates to the Senior Management and Global risk forums
• Assist Management with required data inputs or analysis during Audits
• Delivery of Risk awareness and other risk related trainings to Global PKR teams
• Delivery of action items in Risk lead absence
• Meet firm wide quality standards
• Collaborate with Relationship Managers, Compliance Officers, and other stakeholders to address any discrepancies or issues in KYC documentation
Confirm your E-mail: Send Email
All Jobs from UBS