KYC Sr Analyst
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Location
Los Angeles
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Sector:
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Job type:
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Salary:
Competitive
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Contact:
Brenna Smith
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Contact email:
b.smith@hamlynwilliams.com
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Salary high:
0
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Salary low:
0
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Published:
12 months ago
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Expiry date:
2020-08-23
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Startdate:
ASAP
A bank in downtown Los Angeles is looking for a KYC Sr Analyst to join the team. The ideal candidate will have previous experience in a similar position at a banking/financial institution, a deep understanding of AML/KYC regulations and possess strong analytical skills.
Responsibilities & Duties
- Review and assess quality and accuracy of know-your-customer (KYC) information collected and input by business units at customer onboarding and at customer KYC refresh cycles
- Review and assess quality and accuracy KYC information for complex, multi-layered corporate banking customers
- Communicate clearly and effectively with business units to arrange for remediation of identified KYC deficiencies
- Analyze and document AML/OFAC risks associated with high risk customers at onboarding and at KYC refresh cycles
- Conduct negative news searches and analyze/document associated AML/OFAC risks
- Advise junior analysts in handling of complex high-risk customers or escalations
- Provide advisory services to business units with respect to AML/OFAC risk and banking regulations and complex customers
- Assist management in creating an effective and efficient team through continuous communication, timely feedback, and appropriate team practices
- Generate quarterly reports measuring trends in KYC errors and customer risk composition
- Generate and deliver training materials to new analysts
- Complete ad hoc related assignments as needed in relation to audit and/or regulatory-related projects
Qualifications:
- Bachelor’s degree, ideally in Business, Economics, Accounting or Criminal Justice
- Minimum 5 years’ experience in BSA/AML in banking/financial services industry
- Familiar with AML/KYC regulations and industry guidelines
- CAMS certification is a plus
If this opportunity is of interest to you and you meet the desired skill set, please apply directly with an updated resume.