To assist with compliance on-boarding duties including preliminary account checks and customer liaison related to documentation requests in regards to Financial Institution Group (FIG) customers.
› Run preliminary checks on prospective customers, including utilizing provided Compliance tools and opensource to identify Ownership and management of customers, and to perform adverse media, PEP & Sanctions in line with procedures
› Ensure CDD documents received are in line with requirements as per procedures.
› Follow the robust processes in place to review new customer on-boarding applications, ensuring all procedures are adhere to and recorded in CRM in line with procedures.
› Conduct full account reviews on prospects and existing customers as per the CDD/KYC account review procedures and in line with ongoing refresh cycle.
› Ensure legal attestations documentation are in place as per conditions of trading in line with second line approvals.
› Manage and maintain a log for outstanding attestations, promptly report and escalate to senior management missing attestations.
› Act as a liaison to respond and provide external requests for documentation including compliance questionnaires and other Moneycorp CDD documentation requested that is relevant to establishing and maintaining commercial relationships.
› Manage and follow up for outstanding documentation for prospective customers and existing FIG customers and counterparties.
› Manage daily ongoing sanctions/PEP/adverse media screening
› Perform first line transaction monitoring alerts in propriety monitoring platform.
› Process any changes to customer profile, including changes to delivery location or standard settlement instructions, adding/removing users/signatories/directors/ownership in line with procedures.
› Ensure all appropriate escalations are made to second line FIG Compliance function.
Reports and Monitoring:
› Provide management with statistical information regarding CDD status and remediation projects in a clear and concise manner.
› Maintain, manage and report on account opening progress statistics
› Monitor the exceptions log in relation to customers on-boarded
› Keep abreast of the prospective customer pipeline, and proactively manage workload.
› Assist with any other ad hoc duties/emails as and when is required.
Skills, Qualifications and Experience relevant to the role:
Knowledge and Experience:
› Understanding of global AML rules and best practices
› Keeps up to date with the market
Skills:
› Able to build effective professional relationships
› Effective report writing at a level suitable for executive dissemination
› Able to work under pressure Highly organized
› Highly organized
› IT proficient
› Clear communicator
› Attention to detail
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