Senior Manager leading financial crimes model validation at RBC. Collaborating to validate machine learning models and enhance detection capabilities against financial crimes.
About the role
- Lead KYC Specialist focusing on AML compliance for onboarding customers and conducting ongoing reviews. Collaborating with Front Office for documentation and risk assessment execution.
Responsibilities
- Perform Know Your Customer due diligence in line with applicable AML Policies, Standards & Procedures, prior to account openings and on an on-going basis
- Create KYC profiles in the system of record
- Complete the necessary forms required to support CIP / CDD
- Screen client names and other parties in line with State Street Screening Standards
- Source required CDD documentation independently from various internal and external sources (regulatory websites, company websites, Banker’s Almanac, Lexis Nexis, World Check etc.)
- Cooperate closely with Front Office employees to request all other required CDD documentation from customers
- Validate CDD documentation provided by customers
- Complete Customer AML risk assessments using corporate compliance tools and methods
- Meet agreed KRI / KPI targets for KYC profile reviews, escalating when required
- Ensure all assigned tasks are correctly maintained on designated tracking / reporting tool
- Assist with external regulatory examinations or testing
- Follow the speak up, listen up values - including timely escalation of AML concerns, suspicious activity or any corporate policy breaches
- Notify local management of operational issues
- Attend and participate in AML awareness training sessions to continue to enhance the quality of deliverables
- Support ad hoc and/ or strategic projects as required
- Complete enhanced due diligence on high risk customers / accounts
- Perform EDD monitoring and PEP analysis as required
- Assist team members with sourcing relevant information and documentation required for CIP / CDD completion
- Assist in facilitating AML awareness training sessions across the team to continue to enhance the quality of deliverables
- Act as a KYC subject matter expert; providing technical expertise and guidance to all KYC specialists as needed
- Collaborate and lead conversations with key stakeholders with regards to the execution and accurate tracking of key deliverables from the Global AML Center
- Providing support to the KYC Operations Manager if required
- Act as deputy to the KYC Operations Manager in their absence
- Demonstrate commitment to AML risk excellence through the timely and accurate completion of the firm’s “know your customer” due diligence requirements, including for periodic / event driven reviews and in respect of expected v actual transaction activity review
- Maintain role-specific knowledge of the current anti-money laundering and financial crime risks and issues through completion of the annual AML Academy, and any other financial crime training deemed applicable to the role
Requirements
- Advanced knowledge of anti-money laundering / know-your-customer regulations and processes
- KYC process experience for different entity types, such as Trusts, Hedge Funds, regulated entities, SPV etc. would be an advantage (3 years+ as a minimum)
- Experience of analyzing complex ownership structures to determine risk exposure and applicable AML/KYC requirements, including jurisdictional uplifts is desirable
- Experience with Prime, World Check, Lexis-Nexis and other negative news searches, would be an advantage
- Intellectual curiosity for continuous learning around AML and KYC
- Excellent interpersonal, organizational and administrative skills
- Good Microsoft Excel and Word skills
- Very good language skills in English
- One or more of the following language skills would be an advantage: French, German, Italian, Dutch, Arabic
Benefits
- Permanent contract from day one
- Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
- Gold Medical Package for employees and their families (partner and children)
- Premium life insurance package and private pension plan
- Wide range of soft skills training, technical workshops, language classes and development programs
- Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
- Variety of well-being programs
- Additional benefits available depending on the seniority of the role
Job title
Job type
Experience level
Salary
Degree requirement
No Education Requirement
Location requirements
AML Analyst monitoring clients' transactions for fraud and compliance at embedded banking specialist Swan. Joining a collaborative team to enhance risk management and compliance processes.
AMLA Consultant supporting regulatory workstream in investment bank. Advising on compliance and implementing AMLA requirements across business processes.
Senior Specialist for the AML/KYC team ensuring verification and compliance for private equity investors. Reviewing documents and assisting in client onboarding with operational excellence.
Operations Trainer enhancing Fraud and Financial Crime capabilities as part of Zopa's team based in Manchester office. Designs and delivers impactful training for Operations staff.
Senior Associate, Process Manager designing and maintaining AML training materials for Capital One. Collaborating with stakeholders and subject matter experts on instructional design and learner engagement.
Senior Associate managing data processes for anti - money laundering at Capital One. Ensuring compliance with regulations and driving operational efficiency through scrutiny and improvement.
AML Supervisor managing anti - money laundering processes and team operations for Capital One. Collaborating with AML Process Managers and overseeing suspicious activity investigations and workflow.
AML Compliance Advisor Manager ensuring corporate initiatives comply with AML laws and regulations. Lead AML risk management functions and provide guidance for compliance initiatives across business lines.
CDD/KYC Specialist ensuring compliance and customer due diligence at MKS PAMP. Collaborating with sales and compliance teams to manage risk and customer onboarding processes.