To meet the continuous increase of global regulatory and tax transparency requirements around customer due diligence, the Citco Group of Companies established a centralized client on-boarding process in order to streamline the KYC data collection and maintenance thereof from customers during their life cycle
- For this center of excellence department , Citco is looking to recruit a KYC Officer with knowledge on the legal and regulatory requirement s around customer due diligence (CDD) in the context of anti -money laundering/ countering terrorist financing (AML/CTF)
- The ideal candidate is familiar with the interpretation of the CDD requirements of relevant law and regulations and with good industry practice
POSITION DESCRIPTION:
ORGANIZATIONAL RELATIONS:
This position is in charge of obtaining on behalf of the Citco service offices, the KYC documents and Tax forms of
the Citco s customers. The collection process must be performed as efficient as possible to expedite the clients
on-boarding experience. Framing the clients structure and KYC documentation is a key factor to increase
operational value.
PRINCIPAL ACCOUNTABILITIES:
A summary of the main tasks and responsibilities of the KYC Officer are as follows:
- Collecting, validating, verifying, analyzing and processing of KYC documentation and Tax forms .
- Maintaining the electronic client records in line with the KYC documentation and Tax forms.
- Following-up with relevant team on required documentation.
- Ingesting and indexing of documents.
- Performing various administrative tasks within the applications.
- Liaising with various internal senior relationship managers.
- Responding timely and professional ly to email s or telephone queries .
- Timely reporting and escalation to the Account Manager .
- Meeting internal and external clients deadlines.
- Performing tasks accurately and in time conform policies, procedures and guidelines.
EDUCATION, EXPERIENCE SKILLS:
- Bachelor/ Master degree in Legal or Business Administration .
- Understanding the foundation of KYC and Anti-Money Laundering (AML) is preferred
- Understanding of fiduciary services, alternative asset servicing and other financial services is preferred .
- Pro ficient in Microsoft office 2016 or higher , such as Outlook, Word, Excel .
- Strong proficiency in interpersonal and communication skills including verbal and written English .
- Problem solving skills coupled with analytical skills to ask the right questions and extract the right information .
- Good planning and time management skills .
- High level of attention to detail and accuracy .
KEY COMPETENCIES:
- Business and commercial acumen
- Quality and risk management
- Problem-solving
- Client relationship management
- Communication
- Teamwork
- Coaching and Developing others
- Drive for results
- Adaptability
