CIB - KYC Risk Advisory Specialist - Vice President - Bournemouth

Last updated yesterday
Location:Dorset
Job Type:Full Time

Job Description

The team’s mission is to identify unique KYC and AML risk factors for high risk client segments and PEP’s, and assist in the assessment and mitigation of that risk. We are looking for individuals with deep KYC policy & cash management products knowledge and able to apply that knowledge to mitigate AML/Financial Crimes risk; and become trusted partners & advisors to KYC owners, desk heads and the WKO leadership team.

Responsibilities include, but are not limited to:

  • Carry out tailored review of KYC records for identification & assessment of risk and evaluate suitability of documented mitigation
  • Interact with Bankers, Sales and GFCC to understand clients AML program and other risk factors
  • Document constructive feedback for KYC owner and WKO production team specifying areas of the KYC file requiring attention, including drafting of suggested edits where appropriate
  • Partner with KYC Maker and Middle Office team for the successful completion of KYC file renewal as well as new client on-barding
  • Proactively identify and communicate thematic issues discovered from the risk review process to help prevent material issues
  • Attend AML call with clients and lead from WKO perspective
  • Act as a subject matter expert and trusted partner & advisor to KYC owners & makers with the ability to successfully influence both parties as needed
  • Deliver transformational KYC quality improvements that will avoid audit and regulatory issues
  • Demonstrate the ability to combine superior KYC policy knowledge with strong operational execution

Qualification & skills include:

  • Strong client focus and interpersonal leadership, partnership and influencing skills
  • Ability to effectively communicate complex risk assessment, policy and operational concepts to both senior management and junior operational staff
  • Ability to interpret and apply regulatory and compliance policies and procedures when establishing guidelines, metrics, and processes
  • Strong understanding of markets and cash management products and how it affects AML and KYC considerations
  • Strong Foreign Correspondent bank industry knowledge and awareness of AML / KYC risks
  • Minimum of 3-5 years of AML, Compliance, audit or KYC experience preferably in Corporate and Investment Banking
  • BS/BA Degree; MBA or other graduate degree is a plus