Summary
Date Posted: Wednesday, March 23, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Enhanced Due Diligence Analyst

Job Purpose:
The role of the EDD Analyst will be:
• Responsible for delivering enhanced due diligence for the Retail Business.
• The role of Enhanced due diligence is to identify, prevent and create and implement an enhanced due diligence framework to mitigate customer risks borne through services and/or products that we provide to our customers’ vis-a-vis the customer data that we collect.

Key responsibilities
• Develop and implement an enhanced due diligence framework
• Institute controls towards enhanced due diligence
• Review of customer information and related transactions, analysing complex data to determine if activity appears suspicious and warrants further investigation by the MLRO
• Responsible for conducting initial and periodic reviews when certain events occur that may give raise the risk profile for certain customers
• Compile and assess customer due diligence documentation for flagged customers on Sanctioned and watch lists
• Analyse politically exposed persons (“PEP”) and prepare accurate reports on the analysis performed and supporting documentation provided
• Analyse client profiles and information according to prescribed internal policies and procedures on AML, FATCA, and UFAA and mark them as appropriate for continuous monitoring. the client on-boarding process to ensure that valid FATCA documents are received, validated and clients classified as required in source systems
• Identify any inconsistencies/gaps in client information and identify US indicia
• Reporting to the relevant stakeholders on all unusual transactions
• Marking clients as high risk for continuous monitoring
• Filing returns to Regulators based on the set deadline
• Monitoring risks that have been identified in relation to the function and following up with the relevant functions to ensure that compliance is achieved.
• Record all incidences in barn-owl or the risk management system as the case may be as well as in CRM.
• Ensure maintenance and safety of all documentation relating to identified risk cases.
• Custodian of processes and procedures manual for enhanced due diligence for retail life business.

Knowledge, experience and qualifications required
• Bachelor’s degree in a business, statistics, mathematics or a related field

Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

Job application procedure
Interested and qualified? Go to Britam on britam.taleo.net to apply

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