Role Summary
: We are seeking a Risk Intelligence Specialist to conduct comprehensive enhanced due diligence investigations on high-risk clients, including politically exposed persons, clients from high-risk jurisdictions, and complex corporate structures in accordance with internal policies and desktop procedures.
Key Responsibilities
:
* Conduct risk-based assessments of new client relationships to identify potential risks and develop effective mitigation strategies.
* Research and analyze beneficial ownership structures to identify ultimate beneficial owners and control relationships.
* Evaluate source of wealth and source of funds information for high-net-worth individuals and entities using the public domain and/or documentation.
* Perform adverse media screening and analyze findings to assess reputational and financial crime risks.
* Prepare detailed, well-documented enhanced due diligence reports with clear risk assessments and recommendations and present these to senior management.
* Provide advice on issues and escalations to other New Accounts Teams to address difficult applications and independently recommend risk-based decisions to management.
* Liaise with relationship managers and business units to gather additional client information.
* Identify potential suspicious activities and escalate concerns through appropriate channels.
* Mentor Junior analysts and provide quality assurance reviews of their work.
* Contribute to the continuous improvement of EDD policies, procedures, and workflows.
* Participate in special projects related to regulatory changes, remediation efforts, or process enhancements.
Requirements & Qualifications
:
* Bachelor's degree or higher with a major or concentration in Finance, Law, Accounting, or Information Systems, etc, or comparable work experience in a related field.
* Minimum of 5 years' experience and familiarity, preferably gained in brokerage or corporate banking environment, with on-boarding or reviewing high risk client relationships and carrying out EDD.
* Relevant financial crime qualification (ICA or ACAMS are a must).
* Excellent written and oral communication skills in English.
* Strong research, investigatory, and problem-solving skills.
* Ability to make risk-based recommendations and articulate those persuasively to other departments and senior management.
* Prior experience in a highly automated environment and/or high degree of proficiency with computers and technology.
* Intermediate experience with MS Outlook, MS Word, and MS Excel.
* Ability to work, keep deadlines, and thrive in a fast-paced environment.