KYC Associate

Responsibilities:

• Strong Business Analysts with skillset to perform gap analysis, create workflows (Visio / Signavio) and prepare meeting presentations.
• May lead and/or manage, as well as actively contributing to, best-in-class AML/KYC programs/projects/initiatives, from end to end including design, develop, implement, review and reporting, addressing AML/KYC risks and controls, and communicating to Senior/Executive AML Management.
• Identify problems or needs, and develops solutions or systems with some precedent. Ensures quality and timeliness of project results. May facilitate proper recommendation& escalation to senior management.
• Prepare management reports and presentations for assigned projects, may also present project decks to senior management. May contribute/provide support to larger projects.
• Coordinate with Risk Officer, Compliance Officers, their teams and LOB General or Regulatory Counsel on cross-LOB issues.
• Assist with development and/or evaluation of Business and Functional Requirements related to execution of AML projects, User Acceptance Testing, Policies, Procedures, Quality Controls and post implementation validation.
• Prepare Exam/Audit/Compliance readiness and coordination and ensure all processes are well documented, procedures are in compliance with the firm policies and KYC Standards.
• Maintain the AML/KYC risk management and control framework to ensure consistent application of best practices and control standards across CCB.
• Decisions are both tactical and strategic in nature. Day to day decisions made without supervision or review.
• Has significant impact on the function, department and organization.
• Be able to deliver good decision making and problem solving skills with emphasis on detail and follow-up.
• Make decisions that have cross sub LOB impact

Qualifications

• Bachelor’s degree preferred or equivalent experience required
• Minimum of 5 years of experience in financial services industry with background in controls, audit, quality assurance, operational risk management, or AML/KYC preferred; or equivalent subject matter expertise in a relevant business related function/operation
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) required and data analytics preferred using Excel, Access
• Business knowledge – ability to understand the business / knowledge of regulation surrounding business
• Communication/presentation – excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner
• Networking – strong interpersonal skills; strong collaboration and relationship building skills
• Work autonomously to affect change – flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment
• Decision Making/Judgement – moderate level of independent decision making using sound judgement
• Problem solving / Analytical skills – solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions
• Understanding root cause / identifying control breaks.
• Developing timely and sustainable solutions
• Analyze metrics for emerging risk
• Implementation and Change Management skills