KYC Associate

Associate/ Senior Associate_KYC Operations_Spanish Language

About the job
Mandatory Skill- Spanish Language along with KYC.

Job Purpose:

This position will be responsible for the delivery of projects related to KYC operations.

The operations will cover:

Risk assessment of the customer/client/counterparty (herein after referred to as “customer”)
Renewals
Remediation’s
Client out

The process will include:

Assessing the underlying risk of a customer (covering but not limited to registration, regulatory/license, nature of business, legal status, ownership structure, key personnel, sanctions, PEP/SOE and adverse news)
Extracting & validation information from different sources (databases, company websites, open web searches)
Performing due diligence and prepare exhaustive due diligence reports
The individual will work in close partnership with the operations teams to ensure accurate and complete data quality and compliance with regulatory requirements.

Key Responsibilities:

Registration and license overview of the customer
Conduct ownership (direct and indirect) reviews
Identify key stakeholders controlling a customer
Perform Sanctions, Watch List, PEP and Adverse New Screening
Analyse screening results
Prepare Risk Summaries on the basis of the available, collated and researched information.
Conduct quality reviews (Peer QA and QC)
Prepare MIS reports and documentation related to the tasks
Interact with the customer and discuss the outputs

Mandatory requirements

3 to 6 years’ experience with Global Financial Institutions, with strong hands-on experience in handling all operations (on-boarding, renewals and remediation’s) and all processes (legal checks, ownership reviews, screening and risk profiling)
Spanish language (both verbal and written)
Strong domain knowledge
Excellent research skills, especially to unwrap ownership layers across different kinds of legal entities
Excellent communication skills (verbal and written)
Strong judgement skills for interpretation of screening adverse news
Proven record in client interactions
Strong Analytical skills to spot trends and patterns
Strong Reporting skills (MIS for operational statistics)
Experience using at least one ownership databases like Orbis, Bankers Almanac, Bankscope, SWIFT Registry, etc
Experience using at least one screening databases like Dow Jones, World Check, Lexis Nexis, Orbis, etc

Certifications (preferred)

ACAMS

ACFCS

ICA