Compliance Analyst

Location: Miami, Florida
Posted On: 9/15/2017
Job Code: Jr.Compliance Analys
Job Description
Primary Activities:
• Responsible to pre-fill the KYC profiles based on the documentation/information provided by the RM, including:
o Raising any open cases to KYC Risk Evaluation Management (“KYC REM”) team and/or Global Screening Operations (“GSO”) team, if applicable.
• Reviewing and communicating with the RM/Maker throughout the submission process, including working with the RM/Maker if any portion of the KYC Profile is incomplete or rejected.
• The KYC Maker is also responsible for remediating any valid errors and/or observations identified during Quality Reviews of their cases and following the appropriate dispute process for any disputed errors and participate in any corrective action that requires their engagement.
• Escalating any potential or material AML or Sanctions risks discovered during on-boarding or maintenance of KYC Profiles to the RM, BUCO and/or ACRM.
• Assist Relationship Manager with the completion of both scheduled (i.e. Periodic Review) and unscheduled reviews (e.g. HRAC, AIRs, Significant Changes, Batch Screening, KYC Deficiency Feedback Loop).
• Provide fluent story relating customer source of wealth, source of funds, activity, and all other relevant information required by the IPB U.S. AML Procedures based on information provided by the Financial Professional.
• Provide constructive guidance to the Financial Professional to successfully apply the IPB U.S. AML Procedures during completion of KYC activities.
• Manage interaction with Financial Professionals and other staff members, as needed, in support of AML/KYC activities, maintaining a high level internal client service experience.
Category:IT  code:new
Job Requirements
• Required prior work experience in a financial services institution including knowledge of banking products and different types of transactions with job specific work experience in Anti-Money Laundering /Know Your Customer (AML/KYC).
• Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, The USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements.
• Bilingual – English/Spanish or English/Portuguese - general professional reading proficiency

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Contact Details
Fhae Magpantay