Compliance Aml Execution Intmd Analyst
CurrentACRM KYC Risk Evaluation Management (REM) is an AML function that is responsible for conducting a risk evaluation of new and existing clients with certain high-risk attributes. A risk evaluation is a holistic assessment on high-risk attributes reviewing in conjunction with the client’s KYC profile to determine whether to on-board or maintain the relationship from an AML perspective. To achieve this goal, a REM analyst needs to be able to understand risk concepts, identify root causes, and analyze complex issue.Key Responsibilities• Understanding the applicable Global KYC Polices, Standards and Procedures.• Assess various components of the KYC profile to support the disposition of the client. This is include: Client Information, Ownership Structure, Name Screening Matches, EDD, Product Profile, and Local Requirements.• Identify and analyze interconnected risks within a KYC profile.• When necessary, independently investigate risks components to understand context and resolve material issues.• Provide clear, concise, and self-sustaining risk analyses that support ultimate disposition of each KYC profile reviewed.• Disposition each KYC profile in a timely and effective manner.• Provide advice from an AML perspective on issues escalated by the Business.• Escalate AML concerns or any significant suspicious activities to senior management.• Coordinate workflow of KYC Records that have routed to REM.• Operationally review and apply risk rating overrides in applicable systems when requested by AML / non-AML functions.• Track and perform reconciliation on requested risk rating overrides.• Support management with provision of accurate weekly and monthly metrics if requested.• Ability to review KYC profile with higher risk characteristics (Category A Negative News, AML program issues, etc.).• Responsibilities may evolve as the program dictates.*** Please refer to my CV for more details.
