Assistant Manager, Periodic Review

To provide and promote a superior client experience for Gen II, by providing a multi-jurisdictional service for the Institutional business to perform periodic reviews on existing clients/investors. Ensuring Gen II remain compliant with regulatory obligations.

Responsible for the maintenance of client/investors static data and CDD documentation, checking all client and investor static data is captured, up to date and accurate, as well as checking all relevant regulatory Financial Crime and Anti Money Laundering obligations have been met, recorded appropriately and resolving directly with clients where any data/documentation points are missing.

What you’ll be doing

• Responsible for conducting statutory periodic reviews on Institutional clients & investors based on their risk profile.
• Focusing on the Financial Crime and Anti Money Laundering aspects of client and investor reviews.
• Perform and review risk assessments on institutional clients & investors.
• Reviewing client profiles ensuring they are up to date and reflect the clients profile activity.
• Reviewing and validating source of funds & wealth, making sure it is documented and evidenced where required.
• Understanding of client & investor structure charts making sure we hold appropriate CDD/KYC in accordance with the JFSC 3 tier test (Control and Ownership).
• Creating, monitoring, and approving outstanding CDD/KYC documentation activities by working closely with Gen II clients & Client admin teams.
• Ongoing screening of client & investors and reviewing any potential hits.
• Data management, ensuring all static data is captured, accurate, relevant and up to date.
• Communicating directly with clients to obtain additional documentation/information where required.
• Responsible for ‘Trigger event’ projects. Ensuring risk assessments & CDD are compliant with regulatory standards.
• Sign off and approval of periodic review workflows making sure all checklists and forms are signed and complete.
• Client focused with an ability to work in a fast paced, high pressured work environment.
• Act as a point of reference for the Institutional business to answer and resolve issues/queries related to the periodic review processes.
• Work closely with Gen II Compliance, ensuring appropriate levels of approvals are obtained for high risk business & PEP’s.
• Reporting regular MI on statistics of periodic reviews completed and to show forecasting stats with reviews to be undertaken.
• Responsible for training and mentoring of junior team members.

Administration

• Prioritising and organising day to day workloads.
• Keep project trackers up to date to ensure deadlines are tracked and met.
• Dealing with internal and external day to day queries in a timely manner.
• Assist in appropriate projects and initiatives relating to operations teams.
• Attend to regular team meetings and constructively contribute.
• Assist in meeting team objectives and meet set internal and external SLA’s.

The ideal background for this role:

• Relevant recognised qualification ideally within ICA or AML.
• 3 plus years relevant finance industry experience in AML/KYC.
• Experience working with Private Equity/Real Estate fund structures.
• Experience within AML/CDD onboarding fund sector.
• Experience of client service delivery.
• Experience of performing and managing periodic reviews.
• Experience managing junior members of the team and delegating tasks.
• Good understanding and knowledge of current industry AML/CFT handbook legislation, regulation & operating working practices.
• Good understanding of GDPR and risks associated with personal/sensitive data.
• Solid understanding of source of wealth/source of funds requirements.

Role Location/Hybrid Schedule

This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Administrative