IMI CIB - KYC Support Specialist

Scope and Purpose

• Perform all necessary task to ensure all existing corporate and entity accounts are within regulatory guidelines established by Compliance Department procedures • Use online "Cerved" Italian Chamber of Commerce database for control • Conduct research through other information sources • Analyze transaction statistics sourced from ISP's internal banking system (SIRE AS400), totals and volume of account activity • Verify supporting identification documents for signatories found in the Credit/Legal files • Review, update "repaper" existing corporate entities for submission to Account Officer for review and approval for subsequent delivery to the Compliance Department • Send Request for Information (RFI) to Account Officers/or Assistants to obtain current or missing documentation in accordance with the banks procedures • Adhere to/completion of AML controls including monitoring for "red flags" and referring to Compliance Department as needed • Provide training to department staff as required • Act as back-up for other functions in the department under the direction of the supervisor 

Required Experience

• 5 years of experience in AML/KYC compliance activities • Comprehensive knowledge of AML rules and regulations; KYC policies and procedures • Knowledge of banking products, terminology and operations in particular KYC rules and regulations • Practical knowledge of applicable laws, regulations, financial services, and regulatory trends that impact the assigned line of client business 

Required Qualifications, Skills and Knowledge

• Bachelor's degree, or equivalent work experience • at a minimum 5 years of experience in AML/KYC compliance activities • Comprehensive knowledge of AML rules and regulations; KYC policies and procedures • Knowledge of applicable laws, regulations, financial services, and regulatory trends that impact the assigned line of client business • Knowledge of banking products, terminology and operations in particular KYC/CIP rules and regulations • Understanding of the CIB business line's operations, products/services, systems, and associated risks/controls • Knowledge of Risk/Compliance/Audit competencies • Must possess business acumen and credibility to proactively identify and address changing needs • Ability to build and sustain efficient working relationships with Relationship Managers, AML teams, as well as other Business Line Partners • Proficient at applying critical thinking and analytical skills • Effective interpersonal, verbal and written communication skills to deal with a wide variety of internal staff and external counterparties • Natural ability to multitask and work in a fast-paced environment. • Detail-oriented and accurate in order to identify discrepancies • Excellent PC skills with a proficiency in Microsoft Word and Excel