As a KYC Operations Associate I within our global KYC Operations Team, you will have the opportunity to develop your analytical skills and gain extensive knowledge in KYC from colleagues and stakeholders worldwide. You will be responsible for ensuring all KYC and AML policies are adhered 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. You will 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 AML typologies inherent in individual clients and large multinational corporations
- Conducts a thorough investigation to establish the presence of AML typologies through an extensive review of transactions, determines 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
- Makes a judgment on the risk, based on all findings
- 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
- Provides comprehensive client service by addressing inquiries, processing transactions, and troubleshooting issues, utilizing your proficiency in strategic planning and digital literacy
- Protects both the client and the institution from potential financial and reputational damage
- Knowledge of KYC with at least 3 years experience (Audit, Control, Risk, AML and Research)
- 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, especially correspondent banking
- 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
- Ability to analyze a process and recommend ways to improve quality, control, and efficiency
- Drive continuous improvement initiatives for high-quality client experiences
- Experience in client-facing roles working across multiple business areas and/or functions to deliver results
- Analytical, problem-solving, critical thinking, and decision-making skills, with the ability to work independently and multi-task in a fast-paced environment
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
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