Assistant Manager, AML / KYC

Job Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.

The successful incumbent will represent the first line of defence and be a key stakeholder in driving the AML / KYC function within the region. The scope of work will be completed in accordance with IQ-EQ’s internal AML / CFT framework, as well as international and domestic AML / CFT regulations and guidelines, across a wide spectrum of service offerings, both internal and external. This role will cover both fund administration and corporate segments.

What you’ll do

• Be the main point of contact for clients and internal teams in relation to AML / KYC onboarding and lifecycle management, including guidance to the front office on documentation requirements.
• Perform client AML / KYC onboarding and periodic review in accordance with Group FCC framework & internal policies and procedures.
• Review and conduct source of funds & wealth corroboration of clients in line with regulatory requirements.
• Familiar with AML / KYC requirements for individuals and different types of entities e.g. Companies, Partnership, Financial Institutions, Trusts etc.
• Well-versed in Enhanced Due Diligence for high-risk cases including PEPs, Adverse Media, Sanctions, and other independent recommendations to mitigate identified risks.
• Ensure client database is up to date and accurate in relevant software and systems used for the onboarding and ongoing monitoring stages of the lifecycle.
• Monitoring of Key Risk Indicators (KRIs) across business segments for ongoing reporting and highlight potential risks to local management for review and consideration.
• Ensuring that applicable Compliance policies and procedures are kept up to date for changes in regulations and in regulatory expectations and that management and staff are kept apprised of such changes.
• Assist with internal initiatives from time to time which include but are not limited to quality assurance, audit and / or regulatory inspections.
• Provide guidance as subject matter expert and act as a resource for junior team members.
• Conduct training for and alongside internal team members and stakeholders as and when required.
• Contribute ideas and participate in transformation and change initiatives to drive continuous improvement to further enhance key deliverables.
• Contributing to Group and Local governance and oversight forums – e.g. Acceptance, Continuation and Exit Committee (ACE), Risk & Compliance Committee (RCC) etc.
• Stay up to date with new AML regulatory changes and developments to brief team members and clients on applicability
• Support the department as required within the confines of role.
• Undertake any additional reasonable duties as required the Firm.

What we offer

Qualifications

Additional Information

Our commitment to you and the environment

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.