KYC/ AML Officer

Risk & Compliance Amsterdam, Netherlands


Description

KYC / AML Officer

Netherlands – Amsterdam

 

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

For more information about Citco, please visit www.citco.com

About the Team & Business Line:

For over 75 years Citco has developed an ethos of service excellence and partnership in corporate fiduciary and administration that our clients rely upon. Through our global office network we provide a full suite of corporate administrative services to set up, administer and maintain corporate entities throughout their life cycle.

Working with our Compliance team, you will work with multinationals, corporates and private clients to provide critical support that helps them meet the increasing regulatory and compliance requirements that shape the industry.

Your Role:

  • You will ensure all CDD requirements are met to accept new clients, including assessing client documentation and the required risk analysis.
  • You will ensure all CDD requirements are met throughout the client life cycle, including performing obligatory periodic or event driven reviews of CDD files and updating the risk analysis reports, if applicable.
  • You will communicate with and advise clients, colleagues and other Citco offices worldwide on the CDD requirements of CNE.
  • You will assist in scanning of the CNE client database against various lists, analyzing and clearing of alerts resulting from the scanning.
  • You will identify customers and or potential customers that might be considered a(n) (integrity) risk for the organization.
  • You will populate, update and monitor completeness of relevant internal systems with CDD, client and other related information and documentation.
  • You will ensure that the applicable risk level of clients as well as possible PEP status are captured in the systems.
  • You will assess various internal reports and forms (e.g. transaction profile, acceptance, (re)approval, transfer, re-activation, refusal and business termination, etc.). 
  • You will assist the client servicing teams with transaction monitoring.
  • You will report internally possible suspicious and/or unusual transactions in line with applicable reporting policies and procedures to the Compliance Officer.
  • You will manage escalations and incidents quickly and efficiently, ensuring legal, regulatory and internal rules are upheld at all times.
  • You will assist with upholding internal KYC/AML policies and procedures.
  • You will monitor completeness of CDD files and actions taken to complete CDD files.
  • You will assist in development of classroom training and providing training.

 

About You:

  • You have a bachelor degree or country equivalent in a related discipline - preferably University degree, civil law and or corporate law.
  • You have 2-5 years’ experience in the financial service industry.
  • If you have an understanding of KYC/AML framework and knowledge of recent legislative developments (e.g. Wtt, Wwft, MLD4, etc), it would be an advantage.
  • You are good in Microsoft office applications.
  • You have Holland Quaestor certification (a plus).
  • You have strong research, analytical and reporting skills.
  • You are excellent communicator.
  • You are fluent in English and if you have some knowledge of Dutch, it would be an advantage.
  • You have good planning and time management/prioritization skills.
  • You are able to work in a team and autonomously as well as liaise with other departments within a large organization.
  • You can demonstrate other competencies as business & commercial acumen and decision making.
  • You are pro-active and result driven.

 

Our Benefits

Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

 

We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.