Job Description:
Corporate Client Administration-KYC
Contract Role at Mid-size Corporate Bank
Responsibilities:
- Manage account opening initiation and the client take-on process
- Update Know Your Customer documentation with clients whilst ensuring compliance with internal account maintenance and KYC guidelines
- Update Know Your Customer documentation in the systems of the bank e.g., address changes, signatory changes
- Research of old account information/ statements in the bank's system upon client's request
- Support Relationship Managers with client related maintenance and admin duties
Qualifications:
- 4 - 10+ years of relevant, professional experience in the financial sector; knowledge in accounting and economics
- College/ University education e.g. Bachelor in Accounting or Business Administration
- Skills in MS Office, ability to adopt knowledge with the banks' internal systems
- Extensive knowledge about AML laws, procedures and practices
- Know your customer (KYC) and Risk Profiling
- Understanding of Funds Transfer operations as well as the sanctions and regulations which govern it
- Knowledge of local clearing systems, SWIFT, and the various formatting issues associated with them