Description
KYC/AML Specialist
Dublin
Overview
Bank of America is one of the world's largest financial institutions serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.
The company serves clients in more than 150 countries and has relationships with 99 percent of the US Fortune 500 companies and 83 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
Bank of America has maintained a presence in the Europe, Middle East and Africa (EMEA) region since 1922. Bank of America employs over 14,000 people in Europe with approximately 630 employed in Ireland.
Job Description
We are recruiting a KYC/AML officer to work within the Account Review team, reporting to Operations within International Securities organisation, based in Central Park, Dublin. As part of the AML Account Review team you will be responsible for reviewing KYC/AML on existing clients, researching EMEA clients and bringing documentation in line with current regulatory requirements (through various vendors and liaising with sales contacts), conducting detailed background checks and the creation of files for review and sign off. In addition to this, you will have the opportunity to be involved with the introduction of a new global system which will require intense UAT testing and training.
Responsibilities
Conducting Anti Money Laundering and Know your Client checks on EMEA Clients
Remediation of documentation per the current requirements- such as address details, Directors, Beneficial Owners and ID documentation where applicable
Background checking of related parties - including the Entity, Directors and Shareholders etc.
Compilation of client files and inputting client details into online
Client Profiling Workstation
General scanning and correct filing/linking of documents to our Global Documentation system
Filing and archiving files for off-site storage
Corporate Actions - research on Mergers, Name and address changes
Account closure and record management.
Requirements
Previous Financial services experience
Relevant AML/KYC experience and knowledge across a variety of entity types, eg Financial Institutions, Quoted Companies, Private Companies, Partnerships
We would welcome applications with legal experience where relevant to AML
Strong team-player with the ability to work your own initiative
Must be organised and able to prioritise workload
Ability to work accurately and efficiently under pressure to meet deadlines
Excellent communication skills with
Build solid relationships with associates at all levels Analytical skills
KYC/AML knowledge on how to conduct due diligence on the following entity types; SPVs, Trusts and Unregulated Fund Managers would be a significant advantageHy-phen Limited is acting as an Employment Business in relation to this vacancy.
The Adecco Group UK & Ireland is an Equal Opportunities Employer.