We are currently partnered with a global financial institution who is seeking a talented and experienced KYC Analyst to join their team and help ensure the integrity of their customer relationships and adherence to regulatory requirements.
KYC Analyst Responsibilities:
- Customer Due Diligence (CDD): Perform in-depth customer due diligence reviews, including the collection, verification, and analysis of customer information and documentation to ensure compliance with internal policies and regulatory requirements.
- KYC Review: Conduct periodic reviews of existing customer accounts to assess the accuracy and completeness of customer information and documentation, and to identify and escalate any red flags or potential risks.
- Enhanced Due Diligence (EDD): Conduct enhanced due diligence on high-risk customers to assess and document additional information, including the source of funds and the nature of the customer's business activities.
- Regulatory Compliance: Stay updated on all relevant FINCEN regulations and guidelines and ensure that all customer files and documentation are in compliance. Implement changes and updates as needed.
- Suspicious Activity Reporting: Recognize and report suspicious or unusual activities to the Anti-Money Laundering (AML) Compliance team as required by FINCEN regulations and internal policies.
KYC Analyst Qualifications:
- Bachelor's degree in finance, business, or a related field.
- Minimum of 2 years of experience in a KYC/AML role within the banking or financial services industry.
- Strong knowledge of FINCEN regulations and AML requirements.
- Proficiency in using KYC software and other relevant compliance tools.
- Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist) are a plus.