KYB Analyst - Periodic Review
Location
Remote
Type
Full-time
Area
Operations & Support
Level
Mid-Senior
Job Description
Posted on:
December 27, 2024
Responsibilities:
Manage personal workload and ensure timely escalation of key risks/issues to managementHandle, review and verify all applications for client on-boarding within available SLAsTo maintain a good relationship and work closely with Relationship Partner Teams and direct with clients as required, to obtain all necessary supporting evidence to fulfill your KYC due diligenceProficiency in compliance applications and programmes such as World-Check, Jumio and etc.Act as a checker to ensure effective 2-eyed and 4-eyed customer due diligence processGood proficiency in conducting risk assessments, periodic/trigger reviews and enhanced due diligenceMonitoring and documentation of unusual activity or AML flagsParticipate in internal and external training programs related to AML/CFT, and other subjects that may form part of the day to day work requirementsServe as a point of contact for queries related to Periodic ReviewsCoordinate with other departments, such as Compliance and internal teams to ensure smooth review processesCommunicate with Key Account Managers (KAMs) for VIP and Broker accounts to resolve issues encountered during reviewsParticipate in process improvement initiatives to enhance efficiency and effectivenessHandling any general administration and ancillary activities related to the above functions in accordance with the business requirements of the companyReviewing constitutional documents of corporate clients and their related partiesConducting open-source searches on regulation, public listing and licencing statusPerforming WorldCheck screening against PEP, TF, Adverse Media and ML riskPerforming translations of corporate documents to EnglishPreparing senior management and MLRO escalation forms with detailed description of risk posed by the client as well as red flags and mitigating factorsProviding feedback on system malfunctions, gaps and necessary upgradesImplementing procedures in onboarding environment, pointing out procedural gapsDetecting suspicious and falsified documentationEnsuring accurate manual data entry Requirements:
At least 3 years experience in a corporate onboarding role with substantial knowledge of relevant rules and regulations and the day-to-day compliance affairsUnderstanding of a corporate onboarding role with knowledge of relevant rules and regulations and the day-to-day compliance affairsFluent English speaker and additional European language is required to effectively coordinate with partners and stakeholdersKnowledge of multiple client types (E.g: Non-Operating/Asset Holding Companies, Funds, Partnerships, Segregated Portfolio Companies, Trusts); and multiple EEA jurisdictionsExperience in reviewing AML Policies and Procedures and identifying control gaps;Good knowledge of Virtual Asset Service Providers business typesExperience handling reviews of high risk and complex KYB cases as well as conducting reviews of Financial Institutions and Broker clients profiles. Highly preferred for candidates to possess ACAMS/CAMS/CCAS/ICA certifications or othersPossesses strong time management, organizational and relationship building skillsAdaptable in an evolving and fast-moving environmentGood knowledge on provisions of local laws, directives, regulations and otherwise standards applicable to subject personsGood knowledge of upcoming regulation of virtual currency policies is a strong plus
