- Be the main point of contact for clients and internal teams in relation to AML/KYC onboarding and lifecycle management, including guidance to the front office on documentation requirements.
- Perform client AML/KYC onboarding in accordance with Group FCC framework & internal policies and procedures.
- Review and conduct source of funds & wealth corroboration of clients in line with regulatory requirements.
- Familiar with AML/KYC requirements for individuals and different types of entities e.g. Companies, Partnership, Financial Institutions, Trusts etc.
- Well-versed in Enhanced Due Diligence for high-risk cases including PEPs, Adverse Media, Sanctions, and other independent recommendations to mitigate identified risks.
- Ensure client database is up to date and accurate in relevant software and systems used for the onboarding and ongoing monitoring stages of the lifecycle.
- Monitoring of Key Risk Indicators (KRIs) across business segments for ongoing reporting and highlight potential risks to local management for review and consideration.
- Ensuring that applicable Compliance policies and procedures are kept up to date for changes in regulations and in regulatory expectations and that management and staff are kept apprised of such changes.
- Assist with internal initiatives from time to time which include but are not limited to quality assurance, audit and/or regulatory inspections.
- Provide guidance as subject matter expert and act as a resource for junior team members.
- Conduct training for and alongside internal team members and stakeholders as and when required.
- Contribute ideas and participate in transformation and change initiatives to drive continuous improvement to further enhance key deliverables.
- Contributing to Group and Local governance and oversight forums – e.g. Acceptance, Continuation and Exit Committee (ACE), Risk & Compliance Committee (RCC) etc.
- Stay up to date with new AML regulatory changes and developments to brief team members and clients on applicability
- Support the department as required within the confines of role.
- Undertake any additional reasonable duties as required the Firm.
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