Job Description

Overview:

TekWissen is a global workforce management provider headquartered in Ann Arbor Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions Retail Banking and Services and Corporate and Institutional Banking

Position: KYC Compliance Validation Analyst

Location: Montr al QC H3A 2A6

Duration: 6 Months

Job Type: Temporary Assignment

Work Type: Onsite

Shift: 8.00AM-5.00PM

Job Description:

Business Overview:

• The Financial Security Department has a key role to play in continually guiding and coordinating the Financial Security Program for the client to keep pace with evolving industry practices and local regulations.
• Within the Financial Security Department there are six main areas: KYC Compliance FIU/BLRA/QA Sanctions Transaction Monitoring and Optimization Transaction Monitoring and Project Management.

Candidate Success Factors:

• Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform:

• Results and Impact

• Leadership and Collaboration

• Client Customer and Stakeholder Focus

• Compliance Culture and Conduct

Responsibilities:

Responsible for KYC Validation reviews including:

• Ex-ante and Ex-post Quality Control Review of Americas client files to ensure compliance with Global Policies and local laws and regulations

• Perform 2nd-Level Reviews of the FinCEN CDD rule for Legal Entities Non-Legal Entities and Loan Renewals

• Perform quality control on client data for AML-6

• Generate KPIs for reviews and controls performed and prepare reports and presentations incorporating KPIs for reporting to regions and the monthly Americas CIB/US Asset Management Financial Security Steering Committee Meetings

• Communicate with different regions in the Americas to remediate findings

• Provide Quarterly Trainings to regional Due Diligence Teams regarding recurring issues and developments in policy

• Organize and lead Quarterly Operational Meetings with local compliance

Responsible for the Network Clearing (Correspondent Banking) KYC process including :

• Review AML/CFT Questionnaires as they come in and save in the shared drive/SharePoint

• Upload Pre 2AC responses in SharePoint with NCNA and prepare Pre 2AC (Affiliate Account Certification) Committee follow-up emails to send to the affiliates as well as recommendations that havent been closed from the IG Reports

• Perform 6 eye checks of affiliates

• Update monthly status spreadsheet (lifecycle of the whole process)

• Update the monthly Quality Control KYC Assessment

• Review 2AC forms for accuracy (updated by NCNA IAG and USFS Network Clearing)

Other Responsibilities :

• Offer guidance on pertinent KYC issues and their impact on applicable business lines/clients/accounts/transactions/business scenarios.

• Perform enhanced due diligence research for RMA banks and specific clients

• Support Reverse KYC process; Update Swift KYC for NY Branch

• Implement the clients Global KYC procedures in the US. Review and recommend enhancements

• Support business lines Due Diligence Team (DDT) and Investigation & Analysis (IAG).

• Draft and/or update AML compliance and written supervisory policies and procedures.

• Assist Compliance in developing a comprehensive cross-business view of AML risk.

• Coordinate with Paris London and Hong Kong Compliance on Global KYC issues.

• Provide compliance related training specific to the various Business lines Compliance and Due Diligence/IAG groups and support the general AML training program

• Perform analysis and work on special projects

• Ensure compliance with current and impending legislation/regulations

• Provide Excel-based Reporting Metrics

• Support the KYC Advisory team as needed

• Support development and implementation of AML-KYC systems by providing input and feedback on systems throughout development

Minimum Required Qualifications

• 3-5 years of experience in the financial services industry or regulatory environment

• Bachelors degree from an accredited college/university in Accounting Finance Legal Economics or related discipline.

• CAMS certification

Strong:

• Background in KYC/ AML/OFAC / Sanctions risk; 3-5 years overall experience
• Computer skills including MS Office Suite particularly MS Excel
• Written and oral presentation skills

• Possess a strong understanding of corporate governance and the AML/BSA/KYC regulatory environment

Ability to:

• Understand the importance of privileged and confidential information

• Manage multiple projects and meet deadlines under pressure

• Come in Early/Work late as needed (there will be early calls with Paris)

Preferred Qualifications:

• Prior Compliance or Audit experience

• Knowledge of Correspondent Banking activities

• Masters Degree a plus.

• FINRA Registrations Required: No

TekWissen Group is an equal opportunity employer supporting workforce diversity.

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