CDD Analyst
Full TimeJob Overview
As a CDD Analyst, the successful candidate will have the opportunity to map out the world of our clients (and potential clients) and build a picture of their overall wealth, ensuring we know our clients inside out, and enabling us to meet our regulatory obligations.
The role entails reviewing and assessing all relevant client CDD documentation submitted as part of new business applications and trigger events, ensuring that the firm’s CDD obligations are met at all times in full in accordance with all the relevant laws and regulations relating to client due diligence and financial crime, whilst making sure turnaround times are met.
The role entails reviewing and assessing all relevant client CDD documentation submitted as part of new business applications and trigger events, ensuring that the firm’s CDD obligations are met at all times in full in accordance with all the relevant laws and regulations relating to client due diligence and financial crime, whilst making sure turnaround times are met.
Key Responsibilities
- Review CDD documentation for new accounts, periodic reviews, and trigger events ensuring all regulatory requirements are met
- Undertake thorough risk assessments for all client relationships to assist in managing and mitigation any financial crime risks appropriately
- Undertake electronic verification on individuals and entities to identify possible PEPs, and any other risk indicators as required
- Assist with reviewing of all payments activities including making requests for additional CDD documentation and rejecting or approving as necessary
- Ensure standard procedures are followed and checklists are fully completed at all times with appropriate notes made where discussions have taken place, or we have deviated from standard procedures
- Assist with remediation projects as required
- Conduct screening activities to ensure compliance with local and international sanctions and regulatory requirements.
Skills, Knowledge and Expertise
Technical/Qualifications
- 2 years’ experience of working within CDD or similar or general experience in a financial environment is preferable
- A good understanding of CDD/Compliance.
Systems/Internal Processes
- Proficient in Word, Excel, and Outlook
- Ability to quickly learn and gain a good working knowledge of systems.
Regulatory Awareness/Compliance
- Good working knowledge of the GFSC, JFSC and IOM FSA regulatory handbooks
- Keep abreast of any CDD regulatory changes and apply any changes to work
- Ability to understand and apply regulations across various jurisdictions.
Core Competencies/Skills
- Ability to work independently and take appropriate initiative when required
- Excellent attention to detail
- Excellent communication and customer service skills, with the ability to communicate appropriately with internal and external customers
- Ability to assess risks and make a risk-based decision on a commercial basis
- An eagerness to learn and develop.