KYC Analyst: Existing Client Management Quality Control

Job description

Responsibilities

Day-to-Day Responsibilities:

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Performs Quality Control (QC) reviews (four-eye) on KYC files for wholesale banking and institutional broker-dealer clients as part of the ongoing KYC periodic reviews process.

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Identifies client-specific documentary and due diligence requirements to complete the QC review.

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Adheres to the established QC scoring methodology and applies the accepted file quality passage rate applicable to ECM reviews. Completes files by assigned deadlines.

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Verifies specific KYC due diligence tasks performed to complete ECM files, including sanctions and negative news screening, PEP identification, customer risk scoring, and alignment with FinCEN regulatory requirements.

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Reviews and creates KYC summary memos for assigned KYC files.

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Identify and provide clear feedback to Analyst (2-Eyes) on quality assessment issues

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Creates and maintain customer information, documents in bank databases/systems.

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Works closely with KYC Analysts, Managers, Front Office, Relationship Managers and Bank Compliance in providing continuous feedback on status of accounts.

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Participates in committees and meetings as required related to the ECM function throughout the client lifecycle.

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Contribute to firm-wide CLD projects related to integration, systems, data remediation, and adherence to KYC policies and procedures.

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Interfaces with Quality Assurance and internal testing functions to ensure that KYC file quality is maintained.

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Perform escalations of risk factors to the required compliance teams in line with group policy

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Participates in training for new and current joiners.


Profile Required

Technical Skills:

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Familiarity with key regulatory legislation, principles of risk-based KYC, client risk assessment and the products used in a wholesale banking and institutional broker dealer business

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Microsoft Office, Word, Excel, PowerPoint

Competencies:

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Strong communication skills (written and oral)

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Ability to partner effectively with Compliance, business lines and other KYC functions.

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Strong time management skills and the ability to work well under pressure

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Self-motivated with the ability to take ownership of client reviewsfrom initiation to completion

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An inquisitive nature and ability to spot issues, an address conflicts and escalate issues where appropriate.

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Detail-oriented with strong proof-reading skills.

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Excellent problem solving and time management skills.

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Ability to work independently and use judgment to assure all issues and concerns are managed properly and timely.

Qualifications:

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Four to Six years' experience in the Financial Services industry in a KYC or AML capacity.

Educational Requirements:

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Degree caliber candidate with expertise in business or economics related subjects

Desired / Plus:

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CAMS, CFE, CFCS

Languages :

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(Other than English) French & Spanish a plus

Why Join Us

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities and the world in which we live, because relationships are at the heart of how we operate.

Business Insight

The Operations Department (OPER) ensures the operational processing and control of activity across all Global Banking and Investor Solutions (GBIS) business lines (Capital Markets, ex-Newedge & Financing). OPER implements all necessary means to ensure the operational, administrative and financial processing of capital markets and credit operations initiated by these business lines. In addition, OPER ensures the control and security of transaction processing in accordance with current financial regulations while acting as the first level of control on operations and booking quality. OPER provide all necessary support during the lifecycle of the transaction, perform Know Your Customer processing and provide general client relationship management. OPER also acts to steer the evolution of regulatory projects and controls our external service providers.

CLIC (Client Lifecycle Intelligence and Care) is the global cross-business client management division for Societe Generale. CLIC's mission is to provide a simplified, differentiated experience for SG's clients and employees over the client's entire lifecyle. Within CLIC, the CLM (Client Lifecycle Management) department has primary responsibility for:

·  Coordinating the onboarding process
·  Managing client data with a guarantee of quality and completeness
·  Protecting the bank and its clients by applying KYC regulations

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 200001EF
Business unit: SG Americas Securities
Starting date: 16/03/2020
Date of publication: 22/01/2020