Job Description: 1. Conducting risk assessments on new and existing customers to determine the level of risk they pose to the organisation, and implementing appropriate risk management strategies
2. Developing and implementing policies and procedures related to KYC and Anti-Money Laundering (AML) to ensure compliance with relevant regulations
3. Conducting due diligence and risk assessments on new and existing customers to ensure compliance with relevant regulations and internal policies
4. Gathering and analysing customer information, such as identity documents, transaction history, and beneficial ownership, to verify the customer's identity and assess the level of risk they pose
5. Reviewing and analysing customer information for accuracy and completeness, and following up with customers to obtain additional information or documentation as needed
6. Investigating and reporting any suspicious activity or potential money laundering to relevant authorities and/or management
7. Identifying potential risks and issues related to KYC and AML, and developing and implementing strategies to mitigate these risks
8. Keeping up-to-date with changes in relevant regulations and industry best practices related to KYC and AML
9. Providing training and education to employees on KYC and AML policies and procedures
10. Maintaining accurate and complete records related to KYC and AML activities
11. Acting as a point of contact for customers who have questions or concerns related to KYC and AML
Job Requirements: 1. Bachelor's degree in a related field, such as Business, Finance, or Accounting preferred
2. Prior experience in risk management, compliance, or KYC is required - The specific amount of experience required may vary depending on the organization and the level of the role
3. A strong understanding of relevant regulations and industry best practices related to KYC and AML is required
4. Analysing skills required - The ability to gather, analyse, and interpret complex data, with strong problem-solving skills
5. Communication skills required - The ability to communicate complex information to a variety of stakeholders, both verbally and in writing
6. Attention to Detail: The ability to review and analyse customer information for accuracy and completeness is critical
7. Organizational skills required: The ability to manage multiple tasks and projects simultaneously
8. Computer skills required: Proficiency in Microsoft Office. Experience with customer relationship management (CRM) and risk management software would be a plus
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