My client, an established Private Bank, is seeking a KYC Compliance AVP to join the firm's client due diligence team.
This role will ensure that existing client and customer records are reviewed systemically and effectively in accordance to internal and local regulatory and AML/KYC policies, procedures, and frameworks.
The ideal candidate will have a good understanding of AML/KYC regulations in the private banking industry, as well as prior experience in identifying risks and red flags independently (without over-reliance on checklists).
Responsibilities:
- Perform onboarding of, as well as periodic CDD/EDD reviews of High New Worth customers
- Facilitate such CDD and periodic reviews activities in a customer-focused, efficient manner
- Ensure a robust, risk-based CDD/EDD framework is in place, in alignment with the company's AML policies
- Conduct regular tests and reviews to ensure that these procedures are compliant with the relevant local and international KYC and broader Compliance policies and procedures
- Analyse risks associated with high risk HNW clients, and how to mitigate them
- Develop and maintain strong, productive and effective relationships with all business units, internal, and external stakeholders, locally and globally
Requirements:
- At least 5-8 years of industry experience
We invite all interested candidates to please apply in with your latest CV in Word format, and we will get in touch for a confidential discussion.
EA No. 16S8194