Morgan McKinley is currently hiring for a KYC Analyst for a 6 months contract with our private banking client - renewable!
The role involves leading and managing a team responsible for client account onboarding and KYC (Know Your Customer) processes, ensuring compliance with bank policies and regulations. The candidate will provide guidance to the Front Office on documentation and KYC matters, ensuring timelines are met, and liaising with AML (Anti-Money Laundering) officers.
This position requires both handling daily tasks and overseeing team performance, including reporting on key metrics. The role also involves collaboration with various departments such as Compliance, Legal, and the Front Office.
Responsibilities:
- Oversee accurate and timely account opening processes for both individual and corporate clients.
- Review account opening documents and ensure KYC data is updated in the system.
- Provide guidance to Client Advisors on complex account structures and KYC requirements.
- Perform client name checks using approved bank systems.
- Liaise with the KYC/AML team and COO office for account setup.
- Ensure document deficiencies are managed in line with bank procedures.
- Train Front Office staff on legal documentation and KYC subjects.
- Escalate risks to the relevant managers and contribute to risk mitigation strategies.
- Enhance risk assessments and produce management reports to improve control processes.
- Ensure compliance with global KYC/AML standards and local regulations.
- Participate in designing and implementing strategies to improve processes and performance in collaboration with COO and change management teams.
Qualifications:
- Diploma or Degree in Banking, Accountancy, Business Administration, or related fields preferred.
- Must have 3-5 years doing KYC reviews (as reviewer/checker) in a private banking environment. Knowledgeable with all the forms that private banking uses.
- Knowledgeable and experienced in operations, account documentation, risk management, Sophisticated AML/KYC knowledge and experience in banking or financial industry.
- Good to have team management or stakeholder management experience.
- Strong analytical and problem-solving skills.
- Effective team leadership with the ability to manage multiple tasks in a dynamic environment.
- Experience in process and project management is an advantage.
Interested candidates may apply through the application system or send it to [email protected]. Shortlisted candidates will be notified.
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