Job Description
The role holder will work within a dedicated AML & KYC function who play an integral part in the onboarding of Clients and Investors and ensuring the subsequent monitoring of these relationships.
* Perform AML/KYC processes including onboarding & periodic reviews on clients and investors in accordance with scheduled cycles ensure compliance relevant AML/CFT regulations.
* Complete key process controls including name screening, risk assessments within established timelines, source of wealth & funds and KYC documents are up to date and properly recorded.
* To provide independent recommendations to mitigate the identified risks across the existing client & investor book where necessary, and/or be responsible for escalating the findings to the necessary stakeholders.
* To perform management reporting on key statistics and status updates in an efficient manner.
* Be the point of contact for clients and stakeholders to collect due diligence documents including periodic reviews and provide timely response to client.
* To assist and support the team in administrative tasks where required.
* Support the department as required within the confines of role.
* Undertake any additional reasonable duties as required by the Firm.
Tasks
* Ensure to complete given tasks on Client CDD, Periodic Reviews, Investor KYC and Overnight Screening.
* To provide and ensure the timely and high-quality service and deliverables to the cluster clients for funds and/or corporate clients allocated to you on a regular basis.
* Responsible for the preparation of reporting requirements, when necessary.
* To ensure all deliverables are timely and accurate.
* Acquiring knowledge of designated clients' requirements and deliverables.
* Proactively seeks adequate training, feedback and support in both technical and non-technical aspects of the role.
* Guides new peers and/or junior members of the team on the client specifics and other deliverables.
* Delivers consistent and quality information within the agreed timeframes.
* Ensures relevant procedures, processes, checklists are adhered to and if required completed remediation actions.
* Reports any breaches, complaints or errors to appropriate authorities in a timely manner and acquires knowledge of risk factors.
* May undertake any additional tasks and/or responsibilities as part of their professional development which may or may not be related to their specific function.
* Adhere to proper escalation process and escalates any other work-related issues and concerns in a timely manner.
Key Competencies
* Action Oriented
* Collaborates
* Communicates Effectively
* Drives Results
* Manages Complexity
Qualifications
* At least 2 years’ experience in KYC/AML roles, including practical knowledge and experience of AML/CDD requirements.
* Detailed understanding of Funds and Corporate entity structures and requirements.
* Excellent organisational, prioritisation and interpersonal skills
* Good communication skills with positive interactions with clients and internal stakeholders at all levels.
* Can do attitude, ability to cope with tight Project deadlines and working under pressure.
* Formal qualification in Financial Crime preferred.
Additional Information
At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.