Senior AML/KYC Officer

Job Description

• Review KYC files for ongoing monitoring
• Analysis of the KYC files with the screening and updating database
• Assess the level of risk inherent to each investor to determine a risk-based approach in line with IQ-EQ internal policy
• Identify the main risks in relation with the monitoring of existing clients. Escalate the risks to the Line Manager and Compliance
• Escalation process to Group Risk & Compliance (PEP, HIGH…)
• Provide support to the Business during preparation of escalation process to group Risk & Compliance (PEP, REP requests)
• Preparation of Key Risk Indicators
• Preparation of AML letter, Key Performance Indicators, due diligence questionnaires for internal and external parties
• Work in collaboration with the team in Luxembourg and other jurisdictions
• Monitoring and collaborating with the extended team in the Philippines
• Answer emails/queries from internal and external parties in a timely manner
• Effective and efficient communication of AML and regulatory information
• Organise meeting with different stakeholders (Clients, Client Directors, Compliance) and support other departments
• Be the point of contact and provide support to Transfer Agent Team and Fund department in general
• Support other IQ-EQ departments, provide and share AML/KYC expertise during day-to-day business
• Answering to regulatory requests including the completion of the annual AML questionnaire
• Participation to the various Audit missions and to provide supporting documents for internal and external AML audits
• Attendance to Board meeting when and if required
• Providing advice to the Management and to the staff on AML/legal related matters
• Training of new joiners and advanced training such as new regulations, AML, new process etc
• Perform name screening and file review as 2nd line of defence and supervise the reviews done by Officers and Juniors
• Participate to the internal Meeting to share experiences and information/projects within the department
• Setting up action plan if situation remains stagnant despite several reminders for incomplete investor files and regular follow-up with the team members on their project status
• Supervise tasks performed by other officers which are related to Funds Clients and share experiences and knowledge within the department
• Maintain an appropriate AML Program (including documented policies and procedures)
• Regulatory watch related to AML matters and fund industry
• Emphasize and strengthen the 1st line of defence culture within IQ-EQ during day-to-day activities
• Taking part of a good governance model for IQ-EQ