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0-5 years of experience
Effectively arranged suspicious activity reports in compliance with established regulatory guidelines and time-frames.
- Completed analysis of transactional information to identify risk, trends and potential wary activity.
- Performed the required KYC screenings on customers documenting the information obtained on the client’s as required by global KYC procedures.
- Ensuring compliance with all AML laws, regulations, guidelines, written procedures; OFAC, CIP, KYC, customer/transaction monitoring.
- Effectively conducted AML /KYC formality reports on questionable accounts and transactions.
- Improved and implemented customer risk rating criteria with KYC management and procedure for both consumer and corporate customer.
- Assisted in the handling of informational requests submitted under the USA Patriot Act.
0-5 years of experience
Self-motivated business professional with an excellent working relationship between all managing directors and national team members.
- Managed the business group’s Know Your Client process (KYC) and Anti-Money Laundering process (AML) in strict compliance with the US PATRIOT Act of 2001 Section 326 CIP.
- Developed and implemented a streamlined process of KYC and AML data collection, reporting and tracking for the Chicago unit. This process was then rolled out nationwide within the UHNW lending group.
- Solely responsible for conducting interviews, performing background checks and screening/researching new
- Generated Quality Assurance approval and completed the underwriting of annual reviews.
- This position required working in conjunction with attorneys, auditors, compliance officers, financial advisors and all levels of managing directors of [company name], both in Chicago and nationwide.
0-5 years of experience
Examined wire activity conducted through correspondent banking relationships for potentially suspicious activity including terrorist financing, foreign shell corporations, 311 entities, multiple jurisdictions, and former SAR suspects as part of a Look Back project.
- Enhanced Due Diligence was performed on entities via Lexis-Nexis, Google, World Check and Dun & Bradstreet.
- Determined whether the activity seemed legitimate or not by applying various AML regulations including the USA PATRIOT ACT, the Bank Secrecy Act and OFAC.
- Assisted Compliance department with the drafting of Regulatory reports and responses to inquiries as necessary.
- Identified accounts for high risk or negative information using World-Check and OFAC.
0-5 years of experience
Completed AML Compliance tests for the consumer and community banking groups in compliance with the Global monitoring and testing standards.
- Reviewed all required AML/ KYC Regulatory requirements for all clients and analyzing any transactions that appear unusual based on the customers profile
- Reviewed different accounts and loans application files to verify that application data is complete and meets establishment standards in order to combat fraud
- Worked with Senior Managers, Lines of Businesses & other departments to ensure ongoing compliance with AML Standards & regulatory requirements
- Performed User Acceptance Testing for KYC Applications and KYC remediation projects
- Collected and documented data including SAR history KYC information and Transaction data
- Responsible for Enhanced Due diligence reviews of Consumer and Business Banking customer
0-5 years of experience
- Worked as part of the Global Client Management Enhanced Due Diligence Group which led to fulfillment of Written Agreement with the U.S. Federal Reserve Bank and New York Banking Department which was in place since April 2006.
- Secured, analyzed and evaluated information and documents for KYC profiles remediation and AML gap assessments for High risk Non US Banks.
- Performed Sanctions screening and PEPs identification. Reviewed potential negative news hits across Global Client Management divisions.
- Reviewed and ensuring the adequacy of USA Patriot Act certifications supplied by the Bank’s foreign correspondents housed in the bank systems.
0-5 years of experience
Reviewed accounts to regulatory standards within the EDD (Enhanced Due Diligence) guidelines for high net worth individuals in the Private Bank.
- Prepared recommendations to relationship manager on the required KYC screening on new clients by documenting and corroborating the information obtained on the client as required by the KYC Procedures utilizing a variety of independent research sources.
- Analyzed client data, documentation and negative news in order to determine a Client Risk Profile as established under the KYC Procedures.
- Liaised with clients, front office, credit, legal, technology and operations as part of the KYC process.
- Contacted and researched clients in compliance with the U.S. Patriot/Anti Money Laundering Act
- Supported the relationship manager to identify new business opportunities and prospect target clients.
- Build and maintain positive and productive working relationships internally and externally.
- Grew revenue, increase AUM of portfolio and increase inflows of net new money (NNM) by leveraging brand, channels and RM Network.
0-5 years of experience
Led analyst in KYC Client Onboarding Remediation Project of newly acquired Asset Management Company.
- Prepared KYC Due Diligence profiles on a wide range of entity types (Trusts, LLC’s, Partnerships, and Corporations).
- Customer Identification Process as it pertains to corporations and individual client.
- Analyzed new/prospective clients including Enhanced Due Diligence synthesized finding and assessed risk levels.
- Researched and verified the parties involved in suspicious transactions against various database, LexisNexis, OFAC, World-check and Internet searches.
- Maintained close working knowledge of assigned investigations and advised supervisors of their progress and any matters of concern.
0-5 years of experience
Performed the required KYC screening on new clients by documenting and corroborating the information obtained on the client as required by the Global KYC procedures
- Analyzed client data, documentation and negative news in order to determine Client Risk Profile
- Collaborated with CID Groups counterparts worldwide on global requests
- Maintained detailed records on clients for second-level review
0-5 years of experience
Participated in a KYC remediation project for a major international financial institution. Tasks responsible for included the enrichment of Customer Due Diligence and Enhanced Due Diligence information needed to meet the required customer information for regulation 326 of FDIC. Efforts include QA and reconciliation of KYC forms against the institution’s customer list for the enrichment of missing required fields in existing KYC forms. Research and validation of entity data using appropriate internal and external data sources. Entity Data includes legal name verification, address, NAICS Codes.
- Verified CDD & EDD of client’s data in the varied financial services in corporate, vendor, and trade finance.
- Confirmed timely resolution of work assignments by organizing and prioritizing appropriately
- Performed appropriate and confidential handling of sensitive information
0-5 years of experience
Analyze banking and federal compliance regulations with the purpose of preventing financial fraud, money laundering and terrorist financing.
- Handle multiple priorities and deadlines concerning review of high risk clients.
- Conduct investigations on databases such as LEXIS NEXIS and Dun & Bradstreet to analyze and evaluate the risk posed by the client based upon the client’s business functions and its financial activity.
- Draft detailed reviews of the investigations performed in order to determine action to be taken.
0-5 years of experience
Reviewed and executed USA Patriot Act Certification for all foreign banks
- Facilitated the coordination of new accounts and international trading with other branches of the bank, including international
- Processed various new accounts, institutional accounts, etc.
- Reviewed and executed credit agreements, promissory notes, securities lending agreement, etc.
- Reviewed and approved all low risk KYC client profiles to ensure all required KYC documents and information was obtained in accordance with the Customer Identification Program (CIP)
- Approved new and existing accounts based on reviews of the client KYC documentation
- Responsible for reviewing W-8IMY, W-8BEN; W8-EXP for all foreign entities as well as W-9 for US clients
0-5 years of experience
Customer Due Diligence is a key component to the regulatory focus of knowing your customer. Primary responsibilities included conducting due diligence reviews of Business Banking customers and continuously aiding to the education and overall of the due diligence process.
- Analyzed triggering entities for activities consistent with the nature of the business.
- Researched transactions and counterparties associated with the alerting business in order to validate the business is functioning in the role in which it is outwardly presenting itself.
- Crafted a reader friendly stand alone Narrative that told the story of the customer, that recorded patterns, trends and activities of the customer and their counterparties.
- Constructed an analysis of transactional activities within MS Excel that compares and contrasts the values and volume of individual transaction amounts and percentages to the anticipated.
- Risk ranked customers and escalated documented reviews to appropriate areas based on findings, such as potential Foreign Business, activities conducted inconsistent with the nature of the stated business model, rapid movement of funds, monies transferred to/from countries and/or domestic localities known for unlawful or suspicious behaviors.
- Risk ranked customers relationship based on in-depth research, analysts and comprehensive documented findings.
- Maintained positive and open communication with the Business Banking Relationship Manager or Personal Banker assigned to the business under due diligence review.
- Peer to Peer Coaching/Training of new hires on systems, processes and procedures.
0-5 years of experience
Worked hand in hand with department heads within the Treasury Services business line to developed and implemented policies and procedures for a new AML/KYC structure. Worked closely with [company name] clients, internal sales representatives and AMLOC to structure, conduct, oversee and complete required periodic reviews of our clients profiles based on risk level of the country and client. Obtain and update needed documents to abide by ever changing corporate and federal regulations. Assisted Management with inquiries from employees, management, internal and external auditors by providing guidance in a timely manner. Closed and moved accounts and profiles as circumstances demanded.
- Appointed project manager for all periodic reviews in Treasury Services for platinum clients due to knowledge and professionalism required to work with these high revenue generating clients.
- Entrusted to be the sole contact to update KYC Leads within the business line on a monthly basis using Excel and Access to obtain updates required.
- Chosen to preform monthly monitoring on high risk clients and accounts to ensure management and compliance are away of unusual activity.
0-5 years of experience
Facilitated World Checks background checks on individuals
- Worked with a team of analysts reviewing accounts to internally “Really Know Your Client” Anti- Money laundering standards
- Assisted others with learning the process and entities
- Solicit, analyze, track data, create reports, identify problems, and recommend solutions pertaining to budgeting and financial execution
- Gained exposure to numerous executives and senior bankers throughout by participating in client meetings and numerous other client interactions.
- Reported financial statuses by preparing and analyzing financial plans, forecasts, and reports. As well as prepared financial statements and supported schedules.
0-5 years of experience
Responsible for accurately researching, analyzing, evaluating and documenting AML Know Your Customer (KYC) information and taking appropriate action to protect the company against risk of money laundering activity and reputational risk in accordance with Global and Local Regulatory procedures and policies as well as government and industry regulations.
- Conducted quality assurance reviews of case files, tracking logs, various AML processes and high risk know your customer reviews as part of the Bank risk scoring process.
- Supported the creation and maintenance of KYC/Customer Due Diligence guidelines, procedures and policies; assess and revise BUSA policies to be in line with any applicable standards.
- Worked with BUSA’s KYC Manager to further develop and strengthen the Banks KYC/Customer Due Diligence program, addressing regulatory expectations in the context of BUSA’s business environment.
- Monitoring “Know Your Customer”, OFAC, cross-border wire transfers and currency activity, etc.
- Trained various new contractors on the entire AML/KYC workflow process.
- Reviewed case management software, Financial Crimes Risk Management (FCRM), alerts and investigate alerts as required.
- Performed periodic (90 day) SAR follow-up reviews, independent analysis for cases involving suspicious activity including account behavior, source of funds, wire activities and ACH reviews.
- Responsible for preparing Suspicious Activity Reports (SARs).
- Identified high risk accounts from information received from other sources (Branches, Loans, Operational Staff, etc.) and establish enhanced due diligence and monitoring efforts.
- Responsible of understanding the banks products, services, customers, entities and geographic locations in order to conduct investigations of client accounts for potential suspicious behavior.
0-5 years of experience
- Reviewed and organized the bank’s Annual Activity Review (AAR) to ensure that the “Know Your Customer” (“KYC”) forms are meeting standards according to the Banking (BSA/AML) & Regulatory policies
- Alerted any unusual or suspicious activities that may indicate laundering (AML) of illegal proceeds or other criminal conduct and report such activities into the KYC file
- Systematically tracked transactions or audit trail used to identify the use of funds
- Resolved remediation issues in a Compliance Officer role involving the Annual Account Activity Review files (approximately 100 cases were reviewed per week)
- Analyzed the validity of international client’s (personal/business accounts) government documents including the research of Enhanced Due Diligence (EDD), World Compliance, & Dow Jones Factiva searches
- Collaborated with Relationship Officers the severity of high risk clients and determined if their accounts should remain “open” or “restricted”
- Tracked client recommendations to ensure adequate due diligence
- Supervised a group of 12 employees during a six-month period
- Assisted in lifting of “Cease & Desist Order” imposed on IDBNY
0-5 years of experience
- Researched and documented evidence related to function, structure and ownership of client organizations in order to comply with global legislative and internal standards of AML Client Vetting for UBS
- Evaluated the reputational risk of business relationships through analysis of core documents and research
- Conducted research on clients and connected parties, including investigation of negative news
- Developed and maintained relationships with salespeople, traders and clients across various business areas to collect required documentation
0-5 years of experience
- Have been employed as an AML/KYC consultant by two leading investment banks to assist in bringing each of the company’s due diligence programs up to standard.
- Completed over 300 periodic and preliminary client reviews while adhering to tight AML and due diligence standards as set forth by the U.S. Patriot Act and UBS’ CIP (client identification program)
- Assessed upwards of 200 cases of negative news within the client review process including cases on money laundering, corruption, bribery, and politically exposed persons
- Fully versed in BSA, US Patriot Act money laundering legislation along with SAR reporting
- Initiated and completed three automation efforts which successfully increased efficiency of the business group by streamlining steps within the client review process
- Led several PowerPoint training sessions to inform business counterparties on new processes
- Created tracking metrics to provide organized tracking for all work activity by group members, which led to increasingly efficient reporting to counterparties
- Delivered Fed/Audit Examination preparation by providing all reporting including; complete client profiles, account openings/closings, risk rating changes, name changes, negative information
- Provided a large clean up/reconciliation of all 600 clients during a time of consolidation between business groups leading to exceedingly accurate data within all systems used
0-5 years of experience
Consultant with [company name] Bank in the roles as an Anti-Money Laundering Analyst/ Quality Control Supervisor
- Quality Control Supervisor, reviewed work done by analysts on various business units; ensured their business operations are consistent with BSA/AML policy and procedures and satisfied regulatory requirements
- Proper identification of a customer’s business NAICS (North American Industry Classification System) code or industry helps Chase properly identify customers that may be considered high risk or operating in an industry where the institution is not permitted to offer financial services to them
- Determined risk categories through proper identification of a customer’s NAICS code, i.e. ensured necessary due diligence is performed by scrutinizing cash-intensive transactional activities, thereby reducing the firm’s regulatory liability
- Provided training to the Risk Analyst, on using different due diligence techniques and also provided timely update with new Compliance/AML issues
- Assisted in Corporate AML transaction monitoring process and adhered to audit and compliance requirements and proactively highlight potential issues to management and compliance
- Provided comprehensive reporting of information to the Business Banking, Compliance and Audit team on a daily basis.
- Developed partnerships with other LOB Due Diligence teams to identify best practices
- Derived process improvement, and implemented process changes as necessary
6-10 years of experience
Conducted AML and KYC analyses on a wide range of institutional client types with different legal structures in accordance to the bank’s CIP and all sections of the USA Patriot ACT through a combination of proprietary, public records, and internet systems.
- Served as the expert in performing due diligence on Investment Advisors, which included Registered Investment Advisors under the IAA of 1940, Hedge Fund Managers, Mutual Fund Advisors, Private Equity firms and High Risk clients.
- KYC analyses included summarizing structures and control, identifying and verifying the ultimate beneficial owners of the firms and performing EDD (Enhanced Due Diligence) for High Risk clients.
- Reviewed key executed documents for private institutions such as Articles of Organization, LLC Operating Agreements, Articles of Incorporation, By Laws, Share Registries, Board Resolutions, Partnership Agreements, the DDQ, Investment Management Agreements, Offering Memorandums and all fund related documents.
- Fulfilled country-specific documentation requirements across a variety of jurisdictions (U.S., Canada, Latin America, and European Union).
- Researched negative security information filtered through World Check, OFAC and MIS to determine whether items are false positives, immaterial items, or warrant escalation.
- Assigned risk ratings for all clients through an internal rating model.
- Served as a liaison between Trading, Compliance, Credit, Global Markets, and Operations to perform daily job functions and ensure global requirements are satisfied.
- Completed projects pertaining to client reviews such as Periodic Reviews, FFI (Foreign Financial Institution) reviews, PEP (Politically Exposed Persons) account reviews, Trusts and SPVs (Special Purpose Vehicles) reviews.
- Provided assistance and enhanced training to contractors and employees.
- Approved clients for trading and products as part of the Alternative Asset Managers and Registered Investment Advisor Team.
0-5 years of experience
[company name] is a large financial institution that offers product such as deposits, loans and investment.
- Perform case evaluation and risk determination of Business Banking customers including Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) and Specialized Due Diligence (SpDD).
- Excellent reputation with Branch personnel and able to handle difficult situations with tact.
- Strong ability to successfully identify and refer high risk Business Banking customers to internal risk and compliance partners.
- Extensive experience with evaluating various business models that transact domestically and internationally through the full range of Business Banking products, including trade finance products.
- Provide mentoring to new employees and act as a point of contact for seasoned employees.
- Provide assistance with SpDD projects and assist other teams in their case evaluation.
0-5 years of experience
Conducted high quality operational, technical, and legal reviews of all non-personal accounts to ensure compliance with all legal, regulatory and internal requirements.
- Worked with HSBC Bank RMs/branches via phone and email to retrieve required documents and information to complete customer KYC profiles.
- Maintain records through the use of Microsoft Access, Excel and Internet bank software and programs.
- Performed external searches through internet look ups, or other external websites to research information relating to customers.
- Ensured that all documentation and data collection was complete, or escalate to team lead where appropriate.
0-5 years of experience
Perform the required KYC screening on existing clients by documenting and corroborating the information obtained on the client as required by the Global KYC Procedures utilizing a variety of independent research sources.
- Responsible for reviewing and ensuring all required AML/KYC Regulatory requirements for existing clients are still in place (i.e. executed USA Patriot Act certification for all Foreign Banks, MIFID, etc).
- Maintain detailed records on clients for review as well as tracking and reporting all documentation breaks.
- Liaise with Clients, Front Office, Compliance, Legal, and Operations as necessary as part of the KYC refresh.
0-5 years of experience
Analyze banking and federal compliance regulations with the purpose of preventing financial fraud, money laundering and terrorist financing.
- Handle multiple priorities and deadlines concerning review of high risk clients.
- Conduct investigations on databases such as LEXIS NEXIS and Dun & Bradstreet to analyze and evaluate the risk posed by the client based upon the client’s business functions and its financial activity.
- Draft detailed reviews of the investigations performed in order to determine action to be taken.
0-5 years of experience
Supported the Financial Institutions area as a liaison between the business and compliance on daily business issues related to AML risk concerns.
- Performed due diligence review on all account documentation submitted by the Product specialist in order to assist in mitigating risk against fraud and/or money laundering for the firm.
- Assured timely Patriot Act re-certification as well as annual reviews on high risk clients.
- Worked in conjunction with Product Specialists to report on compliance issues to senior business management.
0-5 years of experience
Packaged each client’s due diligence research and documentation for review by relationship managers
- Processed KYC profiles in accordance for sign off with group policy
- Gathered data from numerous internal and external sources for client files
- Responsible for completing the automated KYC data profile daily
- Corrected all missing or incorrect information on records that were reviewed
- Ensured that all client’s have meet KYC and AML requirements
- Obtained the necessary approval for any re-documented KYC’s
- Ensured the data integrity of the remediation process and compliance rejects
- Responsible for specific numbers of client portfolios each quarter
0-5 years of experience
Research, analyze and evaluate required KYC information on business banking clients.
- Validate the customer’s business and legitimacy and analyze any transactions that appear unusual based on the customer’s profile.
- Risk rank the customers based on assessment of the risk profile of the customer including product, geography, transaction history and other relevant information.
- Provide detailed documentation of the due diligence performed.
- Determine appropriate action to be taken based upon the customer review.
- Provide next step recommendations to the KYC management, escalate issues as appropriate.
- Interact with Bankers to obtain required information.
0-5 years of experience
Responsible for the review of consumer and PEP customers with an in-depth understanding of BSA KYC/AML/OFAC policies and procedures.
- Utilize various tools to verify consumer purpose and legitimacy including interaction with various bankers and customers to obtain required information and representation.
- Document the research and analysis conducted including risk determination as a result to KYC standards.
- Review escalation to GFCC AML Investigations for those customers where the transactions are outside of KYC standards.
- Strive towards superior quality and results with excellent customer service towards our line of business partners and customers.
- Lead and energize my Peers.
0-5 years of experience
Research, analyze and evaluate required KYC information on business banking clients.
- Validate the customer’s business purpose and legitimacy and analyze any transactions that appear unusual based on the customer’s profile.
- Risk rank the customers based on assessment of the risk profile of the customer including product, geography, transaction history and other relevant information.
- Provide detailed documentation of the due diligence performed.
- Determine appropriate action to be taken based upon the customer review.
- Provide next step recommendations to KYC management, escalate issues as appropriate.
- Interact with Bankers to obtain required information.
0-5 years of experience
Prepare KYC profiles in accordance for sign off in accordance with the Group Policy, KYC ID Matrix, local regulatory requirements and Sign Off Authority.
- Analyze the risk associated with the client and provide approval from a technical perspective prior to seeking Relationship Management approval.
- Recommend/undertake further due diligence where required.
- Refer adverse findings to Compliance and the Business. Ensure a conclusion is reached with regard to risk, additional due diligence or exit.
- Undertake reviews of extended due diligence to assess risk. Provide comments and escalate to Compliance for agreement and approval.
- Perform research via internal and external sources, gather and analyze documentation in accordance with regulatory CIP/KYC requirements.
0-5 years of experience
Manage and update client profiles in accordance with KYC regulatory requirements, obtaining documents as required from the relationship manager and undertaking due diligence.
- Experience with complex corporate structures, Special Category Clients (SCC), Personal Investment Companies (PIC), LLC’s, Partnerships, Trusts, Estates and Foundations.
- Perform research via external and internal sources (Lexis Nexis, World Check ETC).
- Engage with relationship managers to discuss and provide advice on the approach around resolution of cases with deficiencies by following up with compliance and performing alternative due diligence procedures.
- Remediation of FATCA tax-related documentation.
0-5 years of experience
Ensure accuracy of client due diligence files, with regulatory and compliance standards. Conduct research and analysis of individuals, entities or events through public records, media, and other bank resource tools.
- Take ownership of quality control issues related to client due diligence and partner with Bankers to resolve accordingly.
- Partner with Bankers and Service Team to collect, analyze, and validate all appropriate due diligence documentation, utilize knowledge of AML / KYC policy to independently identify missing of insufficient client due diligence information.
- Assist management in identifying and enhancing workflow policies and procedures.
0-5 years of experience
Research, analyze and evaluate required KYC information on clients
- Validate the customer’s purpose and legitimacy and analyze any transactions that appear unusual based on the customer’s profile
- Risk rank the customers based on assessment of the risk profile of the customer including product, geography, transaction history and other relevant information
- Provide detailed documentation of the due diligence performed
- Determine appropriate action to be taken based upon the customer review
- Provide next step recommendations to KYC management, escalate issues as appropriate
- Interact with Bankers to obtain required information
0-5 years of experience
- Document and corroborate the information obtained on the client as required by the Global KYC Procedures utilizing a variety of independent research sources.
- Analyze Client data, documentation and negative news in order to determine Client Risk Profile as established under the Global KYC Procedures.
- Collaborate with the KYC Group’s counterparts worldwide on global requests.
- Produce a detailed client review writes up in the Global Account Opening System.
- Responsible for reviewing and ensuring all required AML / KYC Regulatory requirements for existing clients are still in place. ( i.e. executed USA Patriot Act certification for all Foreign Banks, MIFID, etc)
- Liaise with Compliance on specific requirements and regulations arising under special circumstances.
- Liaise with Clients, Front Office, Credit, Legal and Operations as necessary as part of the KYC Refresh process.
0-5 years of experience
Researched, analyzed and evaluated required KYC information on business banking clients.
- Validated the customer’s business purpose and legitimacy and analyze any transactions that appear unusual based on the customer’s profile.
- Risk ranked the customers based on assessment of the risk profile of the customer including product, geography, transaction history and other relevant information
- Provided next step recommendations to KYC management and escalate issues as appropriate.
0-5 years of experience
Researched, analyzed and evaluated required KYC information on business banking clients.
- Validated the customer’s business purpose and legitimacy and analyze any transactions that appear unusual based on the customer’s profile.
- Risk ranked the customers based on assessment of the risk profile of the customer including product, geography, transaction history and other relevant information
- Provided next step recommendations to KYC management and escalate issues as appropriate.
0-5 years of experience
Completed AML Compliance tests for the consumer and community banking groups in compliance with the Global monitoring and testing standards.
- Reviewed all required AML/ KYC Regulatory requirements for all clients and analyzing any transactions that appear unusual based on the customers profile
- Reviewed different accounts and loans application files to verify that application data is complete and meets establishment standards in order to combat fraud
- Worked with Senior Managers, Lines of Businesses & other departments to ensure ongoing compliance with AML Standards & regulatory requirements
- Performed User Acceptance Testing for KYC Applications
- Bank Secrecy Act (BSA) Operations and CIP for all customers
- Responsible for Due diligence reviews of Consumer and Business Banking customers
- Reviewed all new transactions to determine Anti Money Laundering activities
- SAR Reporting
0-5 years of experience
Ensure compliance with the FSA, DFSA & SEC Rules
- Assist the Dubai Head of Compliance & UK business units on regulatory, legal and AML policy
- Assisted with DFSA visit
- Responsible for AML/KYC remediation of accounts
- Responsible for AML/KYC Client on Boarding
- Advised business on AML and KYC requirements on entities such as Trust, LLC, LP, SPV
0-5 years of experience
Opened and established new accounts
- Processed daily cash withdrawals, deposits and transfer of funds
- Interacted closed with senior staff and bankers to obtain required information
- Researched documents for integrity of business purpose and legitimacy
- Interfaced with customers to ensure full and complete customer satisfaction
- Responsible for conveying and communicating unfavorable results to customers while adhering to the company’s policies and guidelines.
- Promoted and marketed credit union annual and seasonal campaign products
0-5 years of experience
- Facilitate compliance with KYC regulations for a global and diverse client base that includes domestic and international accounts
- Analyze private client accounts for completeness and accuracy in order to ensure the Bank’s KYC and CIP standards have been met
- Adhere strictly to compliance and operational risk controls in accordance with the Bank and regulatory requirements, internal policies and practices- escalating discrepancies
- Perform enhanced due diligence by utilizing World Check, Lexis Nexis and Google searches to detect and corroborate the source of wealth as well as negative media
- Prepare reports and files in a manner that is clear and comprehensible to management, internal auditors and regulatory examiners
0-5 years of experience
Perform customer/client analyst functions pertaining to the Sarbanes-Oxley Act of 2002 & US Patriot Act of 2001. Conduct KYC on CIP (Client Identification Program).
- Review of Clients on a periodic basis according to risk levels i.e. High, Medium and Low including hedge funds clients, BRBs and SPVs.
- Analyze various business documents and categorize it according to its CIP type. Perform due diligence on investment advisors and their underlying funds.
- Communicate with Business contacts and Clients to assist the team with the required KYC docs.
- Ensure the existing clients are vetted to their required Country Specific Standards.
- Function as liaison between Approval team and Business contacts.
- Work with Negative news team for PEP and disposition accordingly and report on Compliance issues to senior management.
- Participate in AMLC conference calls and communicate the changes to the approval team.
- Responsible for analyzing series of transactions within the context of the business to determine that they are for a valid business purpose.
0-5 years of experience
- Analyze expertise in documents for international clients to ensure alignment with current standards.
- Focus on Client Due Diligence, Bank Secrecy Act (BSA), Know Your Customer (KYC), Customer Identification
- Experience with complex corporate structures, Special Category Clients (SCC), Personal Investment Companies
- Partner with AML Compliance and Documentation Control Team to ensure proper workflow.
- Obtain the proper documentation necessary to ensure anti-money laundering operations and containing company risks.
0-5 years of experience
- In charge of a team of three tasked with completing urgent KYC of Treasury/ Money Markets clients.
- Performing the required KYC screening on existing clients by documenting and corroborating the information obtained on the client as required by the Global KYC Procedures.
- Analyzing Client data, documentation and negative news in order to determine Client Risk Profile.
- Collaborate with the KYC Group’s counterparts worldwide on global requests.
- Required to produce a detailed client review write up and Evidence file in the Global Account Opening System.
- Responsible for reviewing and ensuring all required AML / KYC Regulatory requirements for existing clients are still in place.
- Maintain a strong working relationship with internal as well as external dependents including Sales, Clients, Trading, Credit, Legal, and Operations.
0-5 years of experience
- Thorough examination of legal documents such as trusts, limited partnerships and Corporate Entities to determine account control parties
- Investigate account transactions and ownership for suspicious activity in regards to AML or CFT
- Interact extensively with investors, brokers, and financial advisors
- Conduct Enhanced Due Diligence(EDD) on firms, organizations, and individuals using internal & external resources regarding outgoing foreign wires
- Client contact regarding verbal confirmation of account transactions and requests in order to help reduce possibilities of fraudulent activity
6-10 years of experience
Financial Markets and Treasury Services Division
- Responsible for the preparation of new KYC profiles for all municipal entities and their agencies, as well as entities for state agencies.
- Due diligence/Internet searches for Key Managers of various client companies at the beginning of a new relationship.
- Preparing renewal KYC profiles for non Financial Business clients of the bank to ensure compliance with statutory regulations
- Preparation of KYC profiles for subsidiaries of publicly traded entities which are majority owned (51% or more) by a publicly traded company, with a free float over 25%.
- Preparation of mid monthly and end of the month reports for the bank’s Anti Money Laundering Committee (AMLOC).
- Submit weekly and monthly Key Risk Indicators (KRI) Reports.
- Using vendor programs (Lexis Nexis’ Bridger Insight), checking of all names of new and existing corporate clients of the bank and their officers, to ensure they are not on OFAC and other sanctions lists. All Politically Exposed Persons (PEPs) and their immediate families and clients with negative information are escalated as per laid out procedures.
- Daily written and verbal communications with Relationship Managers to ensure proper documentation is provided for new clients and to remind them of their clients coming due for renewals.
- Ensuring the Data Base is updated constantly to reflect the latest position regarding the bank’s corporate clients.
0-5 years of experience
- Review all KYC entries / records and validate accuracy of data in KYC platforms
- Validate all documentation uploaded into the KYC tool
- Fill out MGGP form /KYC refresh documents with the confirmed information
- Gather required documents/data and following AML Policies and Guidelines
- Kick-off refresh and liaise with sales for required documents and sign-off
- Ensure completeness of document package and submit to Compliance for approval of KYC Refresh for High Risk clients and FFIs.
- Follow up and coordinating with Compliance and Sales to satisfy any additional requirements might be posed
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KYC Analyst
Last edited by: Gabriela Barcenas, CONTENT STRATEGIST -
Gabriela Barcenas
CONTENT STRATEGISTGabriela is a Certified Professional Resume Writer (CPRW) and career adviser. With 10 years of digital media experience and five years of resume writing expertise, her publication history includes fashion, education, travel, social justice, equitable design and career advice.
