Job Description:

An exciting opportunity to join a dynamic and growing team in a fast paced and challenging area has arisen within one of Core Asset's clients.

The global focus on Anti Money Laundering (AML) and Know Your Client (KYC) is increasing and leading to new roles and opportunities within the firm. The firm is establishing within Operations a market-leading function to help manage the regulatory risks involved in Onboarding and maintaining clients with special attention to meeting the regulatory AML and KYC requirements. The Wealth Management division of Core Asset's client is part of the Asset & Wealth Management business segment.

Essential Skills/Experience:

• Candidates with prior AML/KYC background or a relevant degree such as Law.
• Attention to detail
• Maintains a sense of urgency and ability to prioritize/multi-task
• Strong client focus and ability to partner with various internal groups and client coverage
• Ability to successfully navigate a complex infrastructure that involves numerous groups and individuals
• Consultative in approach, understanding and anticipating business partner needs and proactively delivering solutions
• Ability to work under pressure and to fixed deadlines
• Independent, self-motivated, with an ability to adapt and be flexible in a team environment
• A strong sense of ownership and responsibility

Core Responsibilities:

• Reviewing the client's KYC record, ensuring that it meets current policy standards, and updating as required
• Advising on documentation requirements to internal partners.
• Review of legal forms, client documentation, and tax documentation as to whether it meets regulatory and internal policies to maintain an account.
• Documenting clients on due diligence and related systems and updating these profiles in line with current requirements.
• Taking responsibility for the end-to-end Periodic Review clients assigned.
• The Client Onboarding Officer will own the end to end Onboarding of new clients and subsequent periodic renewal process of all clients. The Client Onboarding Officer will assist with the drafting and gathering of client documents and make recommendations regarding AML risk at a client level prior to final review by the client-facing team. The Client Onboarding Specialists are expected to stay current with all regulatory changes and requirements around client KYC, Suitability and Documentation.
• Partnering with the client facing teams to collect required legal documents and associated information to meet all regulatory and internal polices.
• Once trained, the successful candidate will be expected to deal with a wide range of jurisdictions and entity types. Full training is provided to all new joiners.
• Undertake quality review of clients' KYC records.
• Manage and facilitate client due diligence, including coordinating the participation of the firm's stakeholders who have KYC responsibilities.
• Serve as point of contact for KYC and reporting issues for designated clients.
• Act as a KYC and AML subject matter resource for KYC due diligence teams.
• Act as a subject matter resource on the KYC/AML policies and procedures.
• Discuss and escalate with Compliance complex issues surrounding client types and structures, financial products and services, and other AML risk-related issues.

Benefits:

• A highly competitive salary
• Wider Benefits package

Core-Asset Consulting is an equal opportunities recruiter and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.

Job reference: 14155

To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.

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Core-Asset Consulting offers specialist recruitment services to asset management, accounting & finance, asset servicing, legal and the wider financial services sector in Scotland.

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