CDD Analyst

Isle of Man
Permanent
Our client seeks a CDD Analyst for their Client Services Department.
 
Role Profile:
To review and assess all relevant client CDD documentation submitted as part of new business applications and trigger events to ensure that the firm's CDD/EDD obligations are met at all times in full in accordance with all the relevant laws and regulations relating to client due diligence and financial crime.
 
Key Responsibilities:
  • Review CDD and EDD documentation for new accounts ensuring all regulatory requirements are met.
  • Review CDD and EDD documentation for trigger events ensuring all regulatory requirements are met.
  • Undertake electronic verification searches on individuals and entities to identify possible PEPS, and any other risk indicators as required.
  • Assist with reviewing of all 3rd party and related party payments including making requests for CDD documentation and rejecting or approving as necessary.
  • Assist with reviewing of all 3rd party and related party private transfers including making requests for CDD documentation and rejecting or approving as necessary.
  • Assist in maintaining good order of the CDD Team's email box and order books.
  • Assist with remediation projects as required.
  • Ensure standard procedures are followed and checklists are fully completed at all times with appropriate notes made where discussions have taken place, or we have deviated from standards.
  • Keep fully up to date with process changes including developments in functionality.
  • As required, take ownership of allocated procedures and ensure these are updated as and when processes change including changes
  • Any other relevant duties as required by the company.
 
Key Skills and Qualifications:
  • 2 years' experience of working within CDD or similar or general experience in a financial environment is preferable.
  • A good understanding of CDD/Compliance.
  • Systems/Internal Processes
  • Proficient in Word, Excel and Outlook.
  • Ability to quickly learn and gain a good working knowledge of systems
  • Regulatory Awareness/Compliance
  • Good working knowledge of the GFSC, JFSC and IOM FSA regulatory handbooks.
  • Keep abreast of any CDD regulatory changes and apply any changes to work.
  • The ability to understand and apply regulations across various jurisdictions.
  • Core Competencies/Skills
  • Ability to work independently and take appropriate initiative when required.
  • Excellent attention to detail.
  • Excellent communication and customer service skills, with the ability to communicate appropriately with internal and external customers.
  • Ability to assess risks and make a risk-based decision on a commercial basis
  • An eagerness to learn and develop
Your specialist: Debbie Amankwa
Quote job ref: 12869

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.