ICM / TFFI Center of Excellence ICM AAR CoE Analyst

Role Description

• The ICM AAR CoE team acts as a central function within Institutional Cash Management (ICM) & Trade Finance Financial Institutions (TFFI) for our Correspondent Banking clients.
• The team is tasked with providing vital levels of KYC due diligence and Financial Crime Risk review and support within the overall Client Lifecycle. As its primary mandate, ICM AAR CoE performs Account Activity Review & Analysis (AAR) as well as transaction related financial crime risk controls. This ensures timely identification and escalation of potential Sanctions & Embargos and Financial Crime & Money Laundering related risks.
• Todays regulatory and compliance environment requires a robust and efficient KYC process and strong non-financial risk management, making the role an important part of the first line of defense within the business.

Your key responsibilities

• Investigates client transactional behavior (Account Activity Reviews) in order to identify and document transactional outliers against expected client transactional activity behavior, in line with Risk Appetite Statement and relevant KODs/KOPs.
• Investigates and analyses alerts output, generated by the firms strategic filters & screening tools, to identify matches that require escalation to the line of business (KYC Officers & Accountable Client Owners (ACOs)) and Anti Financial Crime (AFC)/ Compliance and takes part in in-depth discussions as required.
• Documents accurately alert dispositions for all hits and prepares summaries of relevant findings and communicates these to KYC Officers and ACOs.
• Supports the identification and implementation of process improvements and documentation.
• Close collaboration with KYC Officers and ACOs to gain specific market and client knowledge to support the decision-making process around relevance of alerts.

Your skills and experience

• Relevant university degree and/or equivalent professional experience
• Prior knowledge/experience with regulatory and/or KYC related topics
• Prior experience in Banking, ideally with an AML / Financial Crime related background (e.g. AFC, Compliance, Audit)
• Knowledge and awareness of Risks associated with Correspondent Banking
• Ability to filter large volume of data & information for relevance against established criteria
• Good research and analytical skills, combined with a good sense of risk awareness.
• Attention to detail, accuracy, diligence and the ability to deliver high quality results within tight deadlines.
• Trade Finance (TF)/Trade Finance for Financial Institutions (TFFI) experience and expertise is beneficial.
• Ability to convey the required messages across all stakeholder levels.
• Team player with strong work ethics while able to work mostly independently under limited supervision.
• Capable to work and collaborate within a multicultural and diverse environment.
• Fluent communication skills in written and spoken English required.
• Good command of MS Office applications (Excel, Word, PowerPoint, Outlook) and general computer proficiency.