
12 Month Compliance Specialist
2 weeks ago
This is a 12-month contract position.
Key Responsibilities:- We are seeking a skilled specialist to support our Private Wealth Business Compliance and Governance Department in ensuring timely and compliant onboarding of new clients. The ideal candidate will review and assess onboarding documentation to guarantee completeness, accuracy, and compliance with regulations and internal policy standards.
- The selected candidate will identify and escalate any deficiencies or red flags in client KYC, source of wealth (SoW), and background information. They will liaise with Relationship Managers to clarify submissions and obtain supporting documentation where required.
- The specialist will provide guidance to Relationship Managers on KYC requirements and supports them in meeting submission standards. They will evaluate risk classification based on client profile, SoW, and overall risk factors.
- The specialist will coordinate with control functions for escalation or additional review as necessary. They will monitor onboarding turnaround time and ensure cases are processed within SLA.
- The specialist will also support internal projects and initiatives related to onboarding process enhancements, checklist updates, and policy changes. They will maintain proper documentation and record-keeping to support audit readiness and regulatory inspections.
- Expert knowledge of compliance regulations and internal policy standards.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Able to work in a team environment.
This role offers the opportunity to work with a dynamic team and contribute to the success of our organization.
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