General Purpose:

The Officer assists the KYC department with the enhancement of the Bank’s compliance with the statutory and regulatory AML/CFT legislation and directives and is responsible to mitigate all risks relative to Money Laundering (ML), Financing of Terrorism (FT) and Proliferation (PF) and any other reporting requirements that the Bank should comply with.

Position Highlights:

• Perform customer due diligence and enhanced due diligence on the onboarding of prospective clients and existing clients.
• Perform event driven reviews of legal entities and individuals both resident and non-resident clients.
• Review and analyze the submission of KYC relevant documents and validate the submitted documentation.
• Recommend KYC Risk rating on prospective and existing clients.
• Perform periodic review of High- Risk rated individuals and legal entities or any other review required based on trigger event or special assignments.
• Monitor transactions and accounts of legal entities and individuals.
• Review client portfolio and set-up report for SIAD (CRS), IRS (FATCA)and for the CBA (FATF)
• Review and approve customer due diligence and event driven reviews of Low Risk Rated new and existing individuals/legal entities.
• Review and maintain several processes within the KYC Department based on legal requirements (PEP) or committees that regard higher risk clients of the Bank.

Requirements:

• Preferred bachelor’s degree with minimum 2 years banking experience.
• Knowledge of rules and regulations relative to AML/CFT, CRS, FATCA and FATF is a plus.
• Computer knowledge is mandatory, proficient with Word and Excel.
• Excellent communication skills, proficient in English and Dutch. Spanish is a plus.
• Solution driven and able to work in a demanding environment.
• Critical thinker and able to question information presented.
• Strong analytical skills, able to read reports and interpret data.
• Good team player.

Deadline to apply, Monday November 25, 2024