Job Scope:-
• Assess AML/KYC risk and approval for new client relationships
• Review and assess the adequacy of the Source of Wealth narrative and corroboration
• Perform detailed calculations to support the client's source of wealth journey, i.e accumulation of wealth over time.
• Review and approve the on-boarding of new clients relationship and accounts
• To address sanction true matches for AML/KYC risks identified during name screening
• Provide advice to management and local risk committees on AML/CFT risk of a client relationship
• Provide advice to front office on KYC/CDD matters
Job Requirements:-
• Degree with at least 2 - 5 years of experience in AML and Source of Wealth (SoW) experience for Client Onboarding and Periodic Reviews in a private banking environment
• Candidates with strong SOW Corroboration experience an added advantage
• Knowledgeable and sensitive to the risks involved AML risks of private banking clients
• Strong analytical writing skills and strong communication skills, including the ability to deal with potentially contentious issues effectively
• Familiar with excel and preparation of statistics for reporting
• ACAMs or ICA would be a plus.
