KYC Operations Associate / Assistant Vice President
The City of London
Permanent
Circa £43,000
cer Financial are working alongside a London based bank who are looking for a KYC Operations Associate / Assistant Vice President to join their KYC Team on a permanent basis.
The purpose of this role is to be responsible for the completion of day-to-day KYC and Operational client on-boarding including additional adhoc and project work allocation.
The Responsibilities of a KYC Operations Associate / Assistant Vice President:
- Completion of new KYC records on bank and non-bank FI clients, and associated parties as required for specific deals
- Co-ordination & Completion of Operational setup of products across required internal teams
- Ensuring annual customer Financial Crime Risk reviews are completed within deadline. Conducting investigative analysis of any issues rose during the Review processes, providing feedback and evidence to Head of CDD, MLRO, RMs and the relevant Front Offices as required.
- Co-ordinate responses to KYC request (various legal and jurisdictional entities)
- Draft new and update existing team procedures and guidance to aid the enhance of team controls
- Completion client record updates both KYC and Operational records as requested by internal teams
- Enhancement of KYC operation and operational control.
- Attend meetings and harbour strong working relationships with RMs, Compliance, Financial Crime team and other internal stakeholders, across multiple jurisdictions.
- Complete assigned adhoc and project tasks
- Provide clear updates on workload progression via effective verbal and written communication and pro-actively raising any issues to management.
- Coordinate and liaise with stakeholders including line manager, relationship managers, credit analysts, Compliance BizCom, and FCMO/MLROs and provide solutions to issues identified in day-to day operations.
- Proactive identification and reporting of operational issues and potential risk issues
- Liaison with RMs, Back Office & Middle Office teams (including PD Legal & Compliance Dept, OAD, Treasury Department, etc) incorporating therein compliance with all internal policies, procedures, regulations and guidelines.
- Ensuring that the customer data is accurate and correct at all times and perform essential house-keeping duties across Banks systems
- Any other tasks as designated by the Head of Group or management
The Successful KYC Operations Associate / Assistant Vice President will have:
- Good ability/experience to complete KYC and client on boarding in a managed and effective manner to tight deadlines.
- Effective communication and negotiation skills
- Solid experience and knowledge of KYC/customer due diligence processes and requirements under relevant jurisdictions
- Good planning, organisational, time management skills
- Sound decision making skills, problem and conflict resolution and ability to participate in teams and work independently under guidance.
- Experience in dealing with KYC/AML/CTF with good track record of communicating various counterparties including CDD team, Compliance, Financial Crime, Operations concerning the on boarding and reviewing of clients.
- Intermediate/advanced Microsoft Office (Word/Excel/PowerPoint)