Description
*KYC/AML, Client On-Boarding- Languages nice to have-Bromley-12 month contract*
Bank of America Merrill Lynch based in Bromley are currently recruiting for a KYC/AML professional who has experience of client on-boarding within investment banking. The KYC/AML professional will be hired on a 12 month contract basis.
Job Description
Shared Services Operations is responsible for on boarding of new clients to ensure that Bank of America meets both the regulatory and internal AML/KYC requirements. The Shared Services Operations KYC/AML On Boarding team is responsible for reviewing and approving account opening documentation for the Bank's branches in its Europe, Middle East and Africa division (EMEA). The team has a vacancy for an individual who has minimum 2.5 years experience of AML/KYC documentation and AML regulations. Candidates preferably with a law degree and a European language (Spanish, Italian, Dutch, Polish or German) would be an advantage
The role includes a considerable element of conducting external research and maintenance of information electronically, therefore, a solid knowledge of PC skills is required, as are good organisational skills
Responsibilities
* Responsible for ensuring that the business is compliant with all Bank policies and local legal requirements in the EMEA region
* Ensure that documentation requirements are met and perform Anti-Money Laundering checks on new clients. This includes independent verification of information supplied by clients using external research via the Internet
* Review of completed documentation when received back from client and if appropriate sign off documentation in compliance with local AML regulations
* Follow up on any outstanding issues
* Must possess excellent communication skills, both oral and written. Strong organisational skills
* Provision of guidance, advice and training to other teams within the business on an ad-hoc basis
* Liaison with business partners in Implementation, Sales and local Compliance Officers in Europe
* A flexible, team-spirited approach with the ability to work independently
Core skills and requirements
* Strong analytical and communication skills (both oral and written in English)
* Strong organisational skills
* A flexible, team-spirited approach with the ability to work independently
* Familiarity with Cash Management products an advantage
* A good knowledge of various corporate structures eg Funds, Trusts, Partnerships etc.
* Good knowledge of AML/KYC requirements
* Ability to work accurately to tight deadlines in a demanding environment
* Attention to detail
* Good MS Office skills
*KYC/AML, Client On-Boarding-Languages nice to have-Bromley-12 month contract*
Hy-phen Limited is acting as an Employment Business in relation to this vacancy.
The Adecco Group UK & Ireland is an Equal Opportunities Employer.