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Job Ref : 14997
Salary : $130000 - $160000
KYC & Due Diligence Officer
Salary : (Depending on experience & skill) $130k-160k
Assists in the implementation and monitoring of the Bank’s Regulatory and Financial Crimes Compliance Programs.
Perform customer Compliance due diligence and KYC reviews through customer life cycle, including on-boarding and periodic review processes and provides administrative support to the Compliance Department.
Responsibilities
Review and complete a Periodic Account Review (PAR)
Review customer onboarding package, KYC and maintenance requests
Conduct general research of an individual or entity (general news, adverse news, sanction list, registered agent website, etc.)
Assists on compliance portions of all examinations of the New York Branches and Representative Offices; primary point of contact for all compliance-related matters
Support and respond to audit and regulators examinations
Support cross functional partners including sales teams, regarding customer identification, onboarding, and Periodic Account Reviews
Complete compliance reviews as needed
Suggest process enhancements to increase efficiency and / or accuracy
Qualifications
Knowledge of U.S. banking business, including middle market banking business, commercial lending, syndicated lending and other relevant products
Knowledge of the working of trusts, off-shore companies and other vehicles commonly used by clients to open accounts
Knowledge of credit facility terms, covenants and documentation
Ability to read and understand financial statements
Knowledge of general Banking Compliance and Compliance Risk
Knowledge of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA Patriot Act (Anti-Terrorist Financing), Foreign Assets Control regulations (OFAC), third party (subcontractor) risk
Effective interpersonal, written and oral communication skills
Task organization, prioritization and follow-up skills. Ability to handle multiple assignments and deliver on due- dates.
Ability to work in a team (ask for assistance, help others, team player attitude)
Proficiency in the use of various in-house compliance monitoring systems, including data warehouse to generate ad-hoc reports
Proficiency in Word, Excel (tables and data manipulation, pivot tables, charts and data presentation, etc.), and PowerPoint
Strong analytical skills. Attention to detail and quality
Other Pertinent Information Experience Required / Preferred : Min 5 years in Financial Services BSA / AML Compliance
Education Required / Preferred : BA or BS. Major in related discipline, preferable in Accounting, Business, Finance or Law enforcement or a Law Degree
CCRP, CRCM, CAMs or comparable certification
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Job Ref : 14997
Salary : $130000 - $160000
KYC & Due Diligence Officer
Salary : (Depending on experience & skill) $130k-160k
Assists in the implementation and monitoring of the Bank’s Regulatory and Financial Crimes Compliance Programs.
Perform customer Compliance due diligence and KYC reviews through customer life cycle, including on-boarding and periodic review processes and provides administrative support to the Compliance Department.
Responsibilities
Review and complete a Periodic Account Review (PAR)
Review customer onboarding package, KYC and maintenance requests
Conduct general research of an individual or entity (general news, adverse news, sanction list, registered agent website, etc.)
Assists on compliance portions of all examinations of the New York Branches and Representative Offices; primary point of contact for all compliance-related matters
Support and respond to audit and regulators examinations
Support cross functional partners including sales teams, regarding customer identification, onboarding, and Periodic Account Reviews
Complete compliance reviews as needed
Suggest process enhancements to increase efficiency and / or accuracy
Qualifications
Knowledge of U.S. banking business, including middle market banking business, commercial lending, syndicated lending and other relevant products
Knowledge of the working of trusts, off-shore companies and other vehicles commonly used by clients to open accounts
Knowledge of credit facility terms, covenants and documentation
Ability to read and understand financial statements
Knowledge of general Banking Compliance and Compliance Risk
Knowledge of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA Patriot Act (Anti-Terrorist Financing), Foreign Assets Control regulations (OFAC), third party (subcontractor) risk
Effective interpersonal, written and oral communication skills
Task organization, prioritization and follow-up skills. Ability to handle multiple assignments and deliver on due- dates.
Ability to work in a team (ask for assistance, help others, team player attitude)
Proficiency in the use of various in-house compliance monitoring systems, including data warehouse to generate ad-hoc reports
Proficiency in Word, Excel (tables and data manipulation, pivot tables, charts and data presentation, etc.), and PowerPoint
Strong analytical skills. Attention to detail and quality
Other Pertinent Information Experience Required / Preferred : Min 5 years in Financial Services BSA / AML Compliance
Education Required / Preferred : BA or BS. Major in related discipline, preferable in Accounting, Business, Finance or Law enforcement or a Law Degree
CCRP, CRCM, CAMs or comparable certification
#acgresourcesjobs
#J-18808-Ljbffr