Beschreibung
The Role
The role holder will act as the primary contact for all new Private Bank CDD enquiries, and act as the liaison between the Front Office and Operations teams. They will provide specialist guidance on the client KYC Refresh process and be responsible for driving up the quality of Private Banker submissions. They will provide ongoing coaching to Front Office and Due Diligence teams. The role will work in close co-ordination with Front Office, Operations and the relevant risk and compliance departments. The successful candidate will act as a role model in respect of procedural requirements and have input into the Client Due Diligence policy and procedure development.
Core accountabilities
Risk:
The role holder will ensure an acceptable standard of work through financial crime review and sign off procedures and ensure that all non-financial crime control procedures are in place and maintained. All reports, sanctions and extension requests must be submitted via the correct channels and that the relevant controls and reporting procedures are adhered to. The principle that we will not do business, we do not understand must be applied. Responsibility must be taken to ensure the accuracy and completeness of all data that they encounter and that no substantive data integrity issues are found. They will drive consistency by ensuring policies and procedures are being applied consistently across all centres. The role holder will co- ordinate all audit, monitoring and compliance reviews ensuring that we are fully prepared and represented and that referrals are made to the risk & compliance team whenever necessary.
People:
The successful candidate must take personal responsibility to support the team working ethos and ensure they have a development plan in place at all times. They will work closely with the Client Due Diligence team to identify training gaps and implement and maintain training and development plans on the back of this. The suitable role holder will be provide focussed coaching to Clients, Front Office and Operations colleagues when deteriorating trends are identified in KYC management information. They will use all opportunities to raise levels of awareness and competence of Client Due Diligence requirements.
Influencing:
The successful individual will be aware of how to tailor their approach to the needs of different situations. These situations will range from formal negotiations or meetings with colleagues, clients or management, to less formal one-to-one coaching where you still require a high degree of influencing ability and confidence. The candidate will possess good interpersonal and communication skills and have an ability to develop trust and co-operation to gain information and get other people to want to give their support. They will be responsible for using their skills to adapt to different and challenging situations that arise in their day to day operations when dealing with both external Senior Directors/Executives and internal Senior Managers.
Technical:
The successful candidate will provide support to a Private Banker in reviewing and refreshing the KYC/CDD information held on file and in the public domain and to satisfy technical and complex KYC/KYB requirements.
Key responsibilities include:
- Performing specialist Enhanced Due Diligence for high risk clients, inc KYC/KYB
- Screening of customers and Key Account Parties using industry approved sources
- Drafting Case & Risk summaries following individual case assessment, clearly articulating the nature of business, ownerships structure (UBO), source of wealth/funds, and thorough assessment of risk attributes.
- Ensuring high levels of quality attainment through consistent quality checking and confirming against Group AML Policy and Standards.
- Engagement with Private Bankers to obtain data and understand the nature of the relationship.
Supervisory responsibilities
There are no supervisory responsibilities.
Key clients (internal and external)
Your primary clients will be Private Bank, Front Office, Financial Crime functions.
Role requirement
Professional/technical experience
The right candidate will have experience in Customer Due Diligence procedures and must have an awareness of Financial Crime policy and procedures. Ideally, the candidate will have worked in a trust/fund environment and have solid wealth management experience and be comfortable with cross border activities which impact AML/KYC regulations. A detailed knowledge of the regulatory requirements covering money laundering and criminal activity is desirable. An understanding in Private Bank On-Boarding procedures is desirable. A strong relationship management background is a must as you will be dealing with Front Office UK/International Europe/AMEA markets. You must be a strong and effective oral communicator with excellent time management and organisational skills.
Managerial experience
Managerial experience preferred although considerations will be made.
Academic and professional qualifications
A good record of academic achievement will be required, although there are no specific professional requirements for the role. An absolute must is AML/CDD & Financial Crime experience/knowledge.
Language skills
Strong written and verbal communications skills are required, with the ability to effectively liaise with all levels within the business. Good presentation skills would be an advantage.
Personal attributes
The suitable candidate will be action orientated, with a focus on continuous improvement of the client experience. Attention to detail will be key to this role with the ability to deliver quality results with a challenging but positive influential style. Ability to deliver at speed and be commercially minded, the suitable applicant will be a relationship builder and have a strong team working ethos. An absolute must is AML/CDD & Financial Crime experience/knowledge.