Assistant Manager, AML/KYC

To provide and promote a superior client experience for Gen II, by providing a multi-jurisdictional service for the Institutional business to perform periodic reviews on existing clients/investors. Ensuring Gen II remain compliant with regulatory obligations.

Responsible for the maintenance of client/investors static data and CDD documentation, checking all client and investor static data is captured, update to date and accurate, as well as checking all relevant regulatory Financial Crime and Anti Money Laundering obligations have been met, recorded appropriately and resolving with directly with clients where any data/documentation points are missing.

Operational

Responsible for conducting statutory periodic reviews on Institutional clients & investors based on their risk profile

Focusing on the Financial Crime and Anti Money Laundering aspects of client and investor reviews

Perform and review risk assessments on institutional clients & investors

Reviewing client profiles ensuring they are up to date and reflect the clients profile activity

Reviewing and validating source of funds & wealth, making sure it is documented and evidenced where required

Understanding of client & investor structure charts making sure we hold appropriate CDD/KYC in accordance with the JFSC 3 tier test (Control and Ownership)

Creating, monitoring, and approving outstanding CDD/KYC documentation activities by working closely with Gen II clients & Client admin teams

Ongoing screening of client & investors and reviewing any potential hits

Data management, ensuring all static data is captured, accurate, relevant and up to date

Communicating directly with clients to obtain additional documentation/information where required

Responsible for ‘Trigger event’ projects. Ensuring risk assessments & CDD are compliant with regulatory standards

Sign off and approval of periodic review workflows making sure all checklists and forms are signed and complete

Client focused with an ability to work in a fast paced, high pressured work environment.

Act as a point of reference for the Institutional business to answer and resolve issues/queries related to the periodic review processes.

Work closely with Gen II Compliance, ensuring appropriate levels of approvals are obtained for high risk business & PEP’s

Reporting regular MI on statistics of periodic reviews completed and to show forecasting stats with reviews to be undertaken

Responsible for training and mentoring of junior team members

Administration

Prioritising and organising day to day workloads.

Keep project trackers up to date to ensure deadlines are tracked and met.

Dealing with internal and external day to day queries in a timely manner.

Assist in appropriate projects and initiatives relating to operations teams.

Attend to regular team meetings and constructively contribute.

Assist in meeting team objectives and meet set internal and external SLA’s

The ideal background for this role:

Relevant recognised qualification ideally within ICA or AML

3 plus years relevant finance industry experience in AML/KYC

Experience with Luxembourg funds would be desirable

Experience working with Private Equity/Real Estate fund structures

Experience within AML/CDD onboarding fund sector

Experience of client service delivery

Experience of performing and managing periodic reviews

Experience managing junior members of the team and delegating tasks

Good understanding and knowledge of current industry AML/CFT handbook legislation, regulation & operating working practices

Good understanding of GDPR and risks associated with personal/sensitive data

Solid understanding of source of wealth/source of funds requirements