At a Glance
- Tasks: Lead the KYC and AML onboarding process, ensuring compliance and risk assessment.
- Company: Dynamic financial services firm focused on client success and regulatory excellence.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to enhance processes and make a significant impact in the industry.
- Why this job: Join a team that values compliance and innovation in the financial sector.
- Qualifications: 7-10 years in KYC/AML with strong analytical and communication skills.
The predicted salary is between 60000 - 84000 € per year.
Job Responsibilities:
- KYC and Compliance: Facilitate the end-to-end client onboarding process, from prospect onboarding advisory to account opening. Assess client/case profile and guide Front Office to obtain the required corroboration and information. Partner with Relationship Managers (RM) in KYC write-up, identify areas of clarifications, and ensure adequate follow-up with clients and closure prior to KYC submission. Conduct joint discussions with Front Office and KYC team to facilitate case decisions. Perform risk assessments. Assist in documentation-related reworks to facilitate the account opening process. Assist in periodic reviews of client accounts to maintain ongoing compliance. Keep updated on KYC/AML regulations and ensure adherence to local and international laws.
- Collaboration and Communication: Share best KYC practices through huddles with various market regions and teams to improve quality. Improve collaboration between units to facilitate the account opening process. Liaise with Front Office, compliance teams, and other stakeholders to resolve gaps or discrepancies. Provide advice and guidance to internal teams on regulatory requirements and best practices.
- Data Management and Reporting: Analyze data to track progress and efficiency of onboarding progress, risk trends, and KYC issues.
- Process Improvement: Identify inefficiencies in the onboarding process and propose enhancements if any.
Education and Experience Information:
- Bachelor’s degree in Finance, Business, Law, or a related field.
- At least 7-10 years of experience in KYC, AML, and/or client onboarding in private banking or financial services.
- Strong knowledge of regulatory frameworks (e.g., FATCA, CRS, MAS guidelines).
- Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.
- Detail-oriented with excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills to collaborate effectively with Front Office and diverse stakeholders.
- Familiarity with KYC software, databases, and banking systems. Proficient in Excel and Tableau preferred.
Senior KYC & AML Onboarding Counsel employer: LawCrossing
As a leading player in the financial services sector, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to excel. Our commitment to professional development is evident through tailored training programmes and mentorship opportunities, ensuring that you can grow your career while making a meaningful impact in KYC and AML compliance. Located in a vibrant city, we offer a dynamic work environment with competitive benefits, making us an excellent employer for those seeking rewarding and impactful roles.
StudySmarter Expert Advice🤫
We think this is how you could land Senior KYC & AML Onboarding Counsel
✨Tip Number 1
Network like a pro! Reach out to your connections in the KYC and AML space. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and its KYC processes thoroughly. We recommend practising common interview questions related to compliance and risk assessment. Show them you’re not just a fit on paper, but also in person!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We suggest mentioning something specific from the interview to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that Senior KYC & AML Onboarding Counsel position!
We think you need these skills to ace Senior KYC & AML Onboarding Counsel
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior KYC & AML Onboarding Counsel role. Highlight your relevant experience in KYC, AML, and client onboarding, and don’t forget to showcase your analytical skills and knowledge of regulatory frameworks.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to the job description and show us your passion for compliance and client onboarding.
Showcase Your Communication Skills:Since collaboration is key in this role, make sure to highlight your strong communication and interpersonal skills. Give examples of how you've successfully worked with diverse teams or resolved discrepancies in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of your progress. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at LawCrossing
✨Know Your KYC & AML Stuff
Make sure you brush up on the latest KYC and AML regulations before your interview. Familiarise yourself with frameworks like FATCA and CRS, as well as any recent changes in compliance laws. This will show that you're not just knowledgeable but also proactive about staying updated.
✨Showcase Your Analytical Skills
Be ready to discuss specific examples where you've used your analytical skills to solve problems or improve processes in client onboarding. Prepare a couple of stories that highlight your ability to assess risk and make data-driven decisions, as this is crucial for the role.
✨Collaboration is Key
Since the job involves liaising with various teams, think of instances where you've successfully collaborated with others. Be prepared to share how you’ve improved communication between departments or resolved discrepancies, as this will demonstrate your teamwork abilities.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's KYC practices and how they handle compliance challenges. This not only shows your interest in the role but also gives you a chance to gauge if the company’s values align with yours. Plus, it makes for a great conversation starter!
