Senior Associate – KYC, Operations

This is a fully remote position, open to applicants in Pakistan.

📋 Description

• Execute KYC renewals for CIBG clients based on the risk rating matrix.

• Carry out due diligence on both new and existing clients, soliciting KYC information, reviewing and verifying documentation, and assessing risk.

• Compile research and analysis related to clients’ financial activities and associated entities for Management, Regulators, Internal Audit, Senior Managers, and Internal Compliance.

• Regularly assess existing clients in accordance with established policies and procedures.

• Examine KYC records for thoroughness, due diligence execution, compliance with central bank regulations, and current files and risk evaluations.

• Investigate high-risk clients and report findings when necessary, including Politically Exposed Persons, while acquiring required documentation.

• Process client account openings and closings in the KYC / Related Parties and CDD database, and inform the Client Desk about account-level changes in Equation.

• Sustain ongoing customer engagement to ensure customer files are up-to-date.

• Collaborate with relevant internal and external stakeholders to gather KYC documents.

• Gain an understanding of clients’ businesses and related parties to monitor for unusual transaction activities.

• Examine suspicious clients and transactions, reporting to the KYC/AML compliance officer.

• Undertake specific projects as they arise.

⛳️ Requirements

• Comprehensive understanding of CB due diligence regulations, policies, and procedures.

• Familiarity with compliance and regulatory requirements set forth by the central bank.

• Proficient in performing KYC due diligence, including documentation review and verification.

• Capability to conduct analytical risk assessments for new clients.

• Skill in investigating high-risk clients, including Politically Exposed Persons.

• Ability to scrutinize suspicious clients and client transactions.

• Effective communication skills to liaise with internal and external parties for obtaining KYC documents.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Opportunities for professional development and career advancement.

• Comprehensive health and wellness benefits.

• Flexible work arrangements to promote work-life balance.