Client Lifecycle Specialist (KYC/AML)
Division: Operation
Reporting to: Head of Client Lifecycle, APAC
Job duties:
- Assess each client Onboarding scenario and apply the appropriate level of Customer Due Diligence to ensure completeness
- Ensure 100% compliance - approve cases within own delegated authority or for cases that exceed delegated authority submit for further approval
- Research and analyze background of new and existing clients. Communicate and explain any reasons for rejection to brokers or requestors in course of research
- Perform regular periodic reviews of client accounts based on set review dates
- Review and approve changes to Client Data Maintenance, and update data into Client Onboarding systems, update systems and other workflow tools as necessary
- Provide day-to-day AML/KYC advice and guidance to the brokers
- Identify and escalate to the Legal, Compliance or MLRO (Advisory), based on escalation matrix, any issues, risks or control weaknesses in Onboarding process, work/low systems and controls and suggest possible solutions
- Keep abreast of regulatory and legal initiatives, highlighting significant AML/KYC/sanctions compliance issues and advising on implications of changes in regulation to the Onboarding process
- Maintain procedures, system controls and identify key process improvements related to the KYC/AML processes for all business products
Requirements
- Understanding of AML/KYC documentation requirements and structure of trading counterparts
- Good understanding of Financial Regulations affecting AML/KYC client Onboarding process
- At least 2-3 years relevant working experiences in similar industry
- Experience with screening tool, preferably Worldcheck
- Ability to demonstrate good judgement and decision making in escalating potential risk to the Firm
Company Reg No.: 201131609D | License No.: 11C4684 | EA Reg no: R21100351