KYC/Compliance Associate, Private Bank

About the Position

We are seeking a KYC/Compliance Associate for a renowned Private Bank to review and enhance KYC profiles and ensure regulatory compliance.

About the Company

Our Client is a renowned Private Bank with a global presence.

About the Job

• Review and enhance existing KYC profiles to meet enhanced regulatory and internal policy requirements
• Corroborate Source of Wealth documentation and liaise/advise Front Office
• Review client transactions for alignment with risk profiles and flag suspicious activities
• Address true matches for sanctions and other AML/CFT risks from screening
• Ensure timely and high-quality compliance reporting

Responsibilities

• KYC Management: Handle, evaluate, and verify Know Your Customer (KYC) data and documentation for new client onboarding and regular account assessments.
• Regulatory Compliance: Ensure all client activities align with regulatory requirements and internal policies.
• Risk Assessment: Monitor and analyze client transactions to identify and mitigate potential risks.
• Collaboration: Liaise with internal teams and external clients to ensure comprehensive compliance and risk management.

Requirements

• KYC: Expertise in Know Your Customer processes and documentation.
• AML/CFT: Strong understanding of Anti-Money Laundering and Countering the Financing of Terrorism regulations.
• Regulatory Compliance: Knowledge of regulatory requirements and internal policies.

We Offer

• Opportunity to work with a renowned Private Bank.
• Competitive contract terms.
• Professional growth and development.

Application

Interested candidates are encouraged to apply with their updated resumes and relevant certifications.