KYC Officer
Apply NowCompany: Futran Tech Solutions Pvt. Ltd.
Location: Montreal, QC H1A 0A1
Description:
Role name - Senior KYC Officer
Number of positions - 4
Location- Canada (Toronto & Montreal) Can be remote
Interview Mode - Video Call
Years of experience - 8 plus
Senior KYC Officer's key responsibilities include:
Ensuring that all data, document and information collected as part of the Due Diligence process are compliant and reliable to determine the final risk level of the client relationship
Ensuring that the level of due diligence performed is in accordance with the final risk level of the client relationship
Ensuring that local regulatory requirements pertaining to the KYC case has been fulfilled
Ensuring that financial security risk triggers are appropriately consulted with Compliance for opinion
Preparing a memo substantiating the KYC analysis review
Ensuring that the file is submitted for Relationship Manager's final sign-off
Organizing the Client Acceptance Committee (CAC) as appropriate
KEY SKILLS AND QUALIFICATIONSTRAINING AND OCCUPATIONAL EXPERIENCE
General knowledge on financial industry and products, including awareness of various types of corporate entities - hedge funds, asset managers, pension funds, limited, private and public companies, holding companies, trusts etc.
Ability to comprehend and parse and/or interpret complex organizational and corporate structures for ownership percentage, subsidiary breakdown or merger activity
Previous experience in a control function (having a control mind-set)
Knowledge on Anti-Money Laundering ("AML") /KYC operational process
Strong EXCEL skills (Macro, VBA, and/or coding skills)
Knowledge on AML/KYC-related regulatory rules, including but not limited to - USA PATRIOT Act, Bank Secrecy Act, 3rd European Directive, FCPA, OFAC and related AML regulations is preferred
Knowledge on financial security screening (sanctions, political exposed persons, negative news) is preferred
Knowledge and experience on using database and vendors for KYC (such as Orbis, World-Check, Lexis/Nexis, Dow Jones, Avox, PRIME etc) is a plus
Knowledge on OFAC (Office of Foreign Assets Control) screening requirements is a plus
SKILLS AND BEHAVIOURS
Bachelor degree required
Strong analytical skills, ability to gain an in depth understanding of complex processes and systems
Strong interpersonal and communications skills as evidenced by the ability to work effectively with representatives of a diverse range of departments
Ability to prioritize and work under time pressure
Client-oriented yet with control mindset
Quality and result-driven
Team player willing to accept challenges large and small and meet them under time pressure
Adaptable, able to multi-task across multiple and varying assignments
Ability to generate and convey clear and concise status updates to management and stakeholders
Strong Excel/ Word/ Access / PowerPoint/ presentation building skills (graphs, charts, design)
Certified Anti-Money Laundering Specialist (CAMS), or equivalent, a plus
Number of positions - 4
Location- Canada (Toronto & Montreal) Can be remote
Interview Mode - Video Call
Years of experience - 8 plus
Senior KYC Officer's key responsibilities include:
Ensuring that all data, document and information collected as part of the Due Diligence process are compliant and reliable to determine the final risk level of the client relationship
Ensuring that the level of due diligence performed is in accordance with the final risk level of the client relationship
Ensuring that local regulatory requirements pertaining to the KYC case has been fulfilled
Ensuring that financial security risk triggers are appropriately consulted with Compliance for opinion
Preparing a memo substantiating the KYC analysis review
Ensuring that the file is submitted for Relationship Manager's final sign-off
Organizing the Client Acceptance Committee (CAC) as appropriate
KEY SKILLS AND QUALIFICATIONSTRAINING AND OCCUPATIONAL EXPERIENCE
General knowledge on financial industry and products, including awareness of various types of corporate entities - hedge funds, asset managers, pension funds, limited, private and public companies, holding companies, trusts etc.
Ability to comprehend and parse and/or interpret complex organizational and corporate structures for ownership percentage, subsidiary breakdown or merger activity
Previous experience in a control function (having a control mind-set)
Knowledge on Anti-Money Laundering ("AML") /KYC operational process
Strong EXCEL skills (Macro, VBA, and/or coding skills)
Knowledge on AML/KYC-related regulatory rules, including but not limited to - USA PATRIOT Act, Bank Secrecy Act, 3rd European Directive, FCPA, OFAC and related AML regulations is preferred
Knowledge on financial security screening (sanctions, political exposed persons, negative news) is preferred
Knowledge and experience on using database and vendors for KYC (such as Orbis, World-Check, Lexis/Nexis, Dow Jones, Avox, PRIME etc) is a plus
Knowledge on OFAC (Office of Foreign Assets Control) screening requirements is a plus
SKILLS AND BEHAVIOURS
Bachelor degree required
Strong analytical skills, ability to gain an in depth understanding of complex processes and systems
Strong interpersonal and communications skills as evidenced by the ability to work effectively with representatives of a diverse range of departments
Ability to prioritize and work under time pressure
Client-oriented yet with control mindset
Quality and result-driven
Team player willing to accept challenges large and small and meet them under time pressure
Adaptable, able to multi-task across multiple and varying assignments
Ability to generate and convey clear and concise status updates to management and stakeholders
Strong Excel/ Word/ Access / PowerPoint/ presentation building skills (graphs, charts, design)
Certified Anti-Money Laundering Specialist (CAMS), or equivalent, a plus