- Collaborate closely with the Client Due Diligence Team Lead and Customer Service Teams to conduct quality checks on incoming applications, change/termination requests, and fund withdrawal requests, ensuring all documentation meets regulatory standards.
- Collaborate closely with the Client Due Diligence Team Lead and Customer Service Teams to conduct thorough reviews of clients flagged for remediation, ensuring all documentation meets regulatory standards.
- Conduct risk assessments to verify predetermined risk levels and understand the associated significance and scope.
- Perform thorough screenings and online investigations on clients flagged for remediation.
- Promptly report irregularities and instances of noncompliance to the Client Due Diligence Team Lead.
- Update systems to maintain accurate and up-to-date customer data.
- Work with the Client Due Diligence Team Lead to generate customer correspondence requesting updated AML/KYC documentation when necessary.
- Conduct research, gather data, and respond to remediation requests in a timely manner.
- Provide support for ad hoc projects as required.
- Minimum of 3 years of relevant work experience in client due diligence, preferably in a remediation context.
- A general knowledge of AML, FATCA, CRS, and PIPA requirements.
- Ability to work effectively both independently and as part of a team, manage workload efficiently, and demonstrate meticulous attention to detail.
- Excellent communication skills and interpersonal abilities.
- Willingness to tackle challenges and find effective solutions.
- Strong collaboration and interpersonal skills to engage with various business units.
- Highly organised and capable of prioritising multiple tasks to meet deadlines in a fast-paced environment.
Remediation CDD Analyst - Nova Scotia, Canada - Meridia Recruitment Solutions
Description
Remediation CDD Analyst
Dartmouth, NS
Reference # HL-18145
Founded in 1903, the BF&M group of companies operates in Bermuda, Halifax and across the Caribbean. They take great pride in helping their customers protect what matters most, as well as giving back to the communities in which they work. BF&M is comprised of several companies selling health, life, pension, property and casualty insurance products. Now, we are partnering with BF&M who is looking for several Remediation CDD Analyst(s) to join their team in Dartmouth, NS. The role is a full-time, contract position for a minimum of one year or until the project is complete.
Remediation Client Due Diligence Analyst role will be responsible for conducting comprehensive reviews and quality assurance of all Lifeco customers forms and requests, with a focus on those identified for remediation. This role involves ensuring compliance with regulatory standards, especially pertaining to Anti-Money Laundering (AML), Know Your Customer (KYC), Foreign Account Tax Compliance Act (FATCA), and other relevant regulations. The Analyst will collaborate closely with the Client Due Diligence Team Lead and various Lifeco Departments to ensure adherence to legal and compliance protocols.
Primary Accountabilities and Responsibilities:
The ideal candidate will possess:
Come join a great organization as they work on a highly impactful and meaningful project.