AML

Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements, and perform KYC/CDD/EDD on new customers and during periodic account reviews.

Requirements

• Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements
• Conducting reviews of client documentation/information submitted by business units
• Responsible for performing KYC/CDD/EDD on new customers and during periodic account reviews
• Work with business units (branch personnel, financial advisors) to resolve account opening issues
• Assist in KYC periodical reviews and refresh of current Client population as needed
• Ensure that information obtained is consistent with BSA/AML Policy and Procedures and satisfies regulatory requirements
• Must have strong experience with research tools such as Lexis Nexis or World-Check
• Escalate high risk issues identified to Management
• Assist Management with inquiries from employees, business managers, internal and external auditors
• Handle other duties as assigned to assist with the effective administration of the AML and KYC Policies
• Assist in reviewing OFAC hits and communicating OFAC and sanctions options
• Previous knowledge in conducting transaction monitoring reviews, deep investigations, and reporting suspicious activity related to money laundering and terrorist financing (SAR filings), including wires and other anomalous activities