Compliance Documentation Consultant-KYC/Due diligence/Regulatory/Polic

Job type:
on-site
Start:
ASAP
Duration:
n.a
From:
Optimum IT
Place:
London
Date:
12/31/2014
Country:
flag_no United Kingdom
project ID:
828279

Warning
This project is archived and not active any more.
You will find vacant projects in our project database.

Compliance Documentation Consultant

KYC/Due diligence/Regulatory/Policy/Client on boarding/Finance

A global bank is urgently seeking a new team member to develop, drive and implement enhanced processes, procedures and infrastructure around the operational due diligence of the banks retail structured product distribution partners. Take the lead in driving the development of infrastructure and controls to ensure that the expectations set out in the global retail policy and subsequent reviews are Embedded into day-to-day procedures.

Assist with general communication and awareness across the wider function regarding retail policy and governance, and support the initial increase in chasing and support expected.

Responsibilities & deliverables

-Design and enhance on-going due diligence processes

-Agree split of responsibilities between Sales, Compliance and the new Due Diligence function

-Put appropriate processes in place to support the agreed responsibilities

-Day-to-day support of wider team

-Perform due diligence function, complete appropriate documents and support Sales in the due diligence of new Distributors.

-Track and support the annual due diligence review as well as implement ongoing checks

-Support the retail governance process

Monthly;

  • Committee MI
  • Committee packs
  • Committee attendance/scheduling
  • Committee submissions
  • Committee minutes
  • Accessibility of all committee data to the relevant audience

Periodically;

  • Annual product re-reviews - tracking due dates, ensuring updates are completed, summarising results for committee
  • Annual DD re-reviews - tracking due dates, ensuring updates are completed, summarising results for

The ideal candidate will be bright, enthusiastic with immaculate communication skills. They need to have some experience in a Know Your Client, Client on Boarding or Compliance within a banking function.