As a KYC Operations Associate within our KYC Operations Team, you will have the opportunity to develop your analytical skills and expand knowledge in KYC from colleagues and stakeholders worldwide. You will be responsible for ensuring all KYC and AML policies are adhered to, assisting client-facing teams to ensure all client KYC records are compliant with regulatory standards, and ensuring high quality and timely completion of all client-level due diligence. You will also review the collection and verification of data to ensure all KYC records are accurate and complete prior to a final review by the client-facing team. This role will require you to stay current with all regulatory changes and requirements around client KYC, Suitability, and Documentation.

 

.Job responsibilities

Demonstrates strong independent responsibility and extensive knowledge in working with international Anti Money Laundering compliance-related issues Identifies and assesses relevancy of public records, as it relates to customer information Possesses an in-depth understanding of KYC typologies inherent in individual clients and large multinational corporations  Conducts a thorough investigation to determine any correlations or anomalies in the data based on reasonable expectations and prior experience and ascertains if activity between originators and beneficiaries have valid economic purpose based on their investigation and findings Collaborates with internal departments to address escalated KYC cases and provide solutions for complex regulatory issues Presents strong KYC knowledge, which allows to mentor and guide junior KYC analysts providing trainings and helping to ensure a consistent and through approach to KYC across the Team Supports the implementation of KYC tolls and systems, providing feedback to enhance functionality and efficiency Develop and refine internal KYC policies and procedures to stay current with regulatory changes and industry best practises.  Independently produces complete and accurate reports of their investigations, findings, decisions and recommendations for use by line of business and KYC Officers Proactively identifies opportunities to refine a process and increase operational efficiencies

Required qualifications, capabilities, and skills

Educated to Bachelor’s or Master’s Degree level Knowledge of KYC is essential with at least 3 years experience (Audit, Control, Risk, AML  and Research may also be areas of experience) Knowledge of BSA/AML, and other AML regulatory policies, with a strong understanding of AML typologies, geography, products, customer type and expected type of activity in order to effectively identify risk and unusual activity Proficiency in investigative techniques and pattern recognition and previous success in complex analysis and investigation with unstructured data populations Understanding of the banking industry Exceptional research and analytical skills with the ability to analyze large amounts of data; decipher higher risk attributes (transactional, geographical, product, customer type, etc) and to identify trends and potential high-risk activity, and to document conclusions appropriately Strong problem-solving skills with attention to details and the ability to manage multiple priorities under tight deadlines Excellent communication and interpersonal skills, capable of working with cross functional teams and senior stakeholders. 

Preferred qualifications, capabilities, and skills

Previous exposure to project management & process improvement techniques  European languages – Spanish, French, German, Italian