AML Account Maintenance
Your new company
This company are prestigious global bank who specialise in Investment Banking and Wealth Management. The role is within the Wealth Management business, which services individuals, families and institutions investing in both domestic and international markets, including equities, fixed income and derivative investments, financial planning, margin lending and managed funds.
Your new role
The AMLAccount Maintenance role is responsible for the day to day queries on trigger events or change requests and will ensure these comply with the Firm’s global standards and local regulatory requirements.
Main responsibilities include:
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AML Maintenance tasks will be varied with trigger events where client’s situation changes and conduct applicable review of KYC profile
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Support processes including Client Identification Program KYC review and remediation across all risk levels and Politically Exposed Persons (PEP) reviews.
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Review documentation provided by Clients and Sales and follow up on missing documentation or inconsistent information with the firm’s records
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Responsible for timely resolution of Sales queries and requests from Global Financial Crime, Compliance and Audit teams
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Review and validate the client’s AML/CTF risk, such as Source of Wealth and Total Net Worth.
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Ensure periodic review and relevant approval records are retained properly in internal database and monitor the receipt of any outstanding documentation within required timeframe
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Escalate accounts with high risk triggers or high-risk accounts for Global Financial Crime signoff.
What you'll need to succeed
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Tertiary qualifications in a relevant discipline e.g. Commerce, Law, Accounting or similar
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At least 3 years experience in Corporate and institutional or Wealth Management KYC and CDD and knowledge around High-Risk clients
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Ideally some previous experience in an Onboarding/periodic review in a top-tier bank and covering account structures such as trusts, investment managers, joint and other complex entities
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Understanding of global AML/KYC standards, in particular Australian and UK (FSA) requirements would be highly desirable
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Strong communication skills to effectively and clearly advise Sales teams and other stakeholders.
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Self-motivated, enthusiastic and strong attention to detail with an investigative mindset
Talk to a consultant
Talk to Ivan Ho​
Contact
The consulatnt manging this position is located in Sydney, level 2, 100 Harris St, Pyrmont NSW 2009
1300 687 566