About this role
About the Role An experienced Know Your Customer (KYC)/Enhanced Due Diligence (EDD) subject matter expert is being recruited in the Global Financial Crime Compliance (FCC) function in the second line of defense to manage and oversee KYC/EDD processes and controls across the firm’s global footprint. The role reports to the Global Head of KYC/EDD and is located in London or Chicago. What You'll Do
- Managing KYC/EDD activities performed in the second line of defense including KYC policy/standards, advisory, oversight, assurance and resolution of risk issues/escalations
- Supporting a multi-year KYC transformation program partnering with the first line of defense to drive enhancements to systems and controls in line with regulatory requirements, industry best practices, and organizational needs
- Acting as subject matter expert to support a team of EDD professionals that onboard and perform periodic review of high-risk and complex customer relationships, ensuring effective management of financial crime risks
- Providing AML/KYC advice and guidance, and effective challenge as required
- Working closely with the first line of defense to drive centralization and efficiency in KYC/ EDD processes and controls, ensuring a globally consistent approach
- Ensuring controls are adhered to by business functions in all regions, countries and legal entities across the firm’s global footprint
- Supporting regulatory examinations, internal audits, and other assurance testing reviews
- Proactively identifying risks and taking corrective action to implement solutions to improve control effectiveness; managing risk issues and escalations
- Enhancing reporting on KYC/CDD/EDD and providing regular updates to various governance bodies
- Managing multiple projects and meeting timely deadlines What We're Looking For
- Significant experience in financial services compliance or risk management
- Significant years of anti-money-laundering (including KYC/CDD/EDD)
- Strong knowledge of risk management processes and controls