Corporate Due Diligence Officer Full Time

Our client is a CySEC regulated entity with headquarters in Limassol and offices abroad in different jurisdictions. They are looking for an experienced Corporate Due Diligence Officer to collect, gather, assess and follow up on Know-Your-Customer documentation in line with current procedures and legislation.

Job Responsibilities

Perform/conduct full KYC reviews on all new corporate client and/or periodic reviews of corporate clients in accordance with relevant laws, regulations, and Company’s policies as appropriate
Review, investigate, and understand organizational structure, to assist in determining ownership and control parties to identify all ultimate beneficiaries and potential Politically Exposed Persons (PEPs)
Perform customer research and transaction analysis for new and existing corporate clients found to pose a higher risk of exposure to ML/TF based on the Company’s customer risk rating model, both new and ongoing
Follow up on client questions generated by due diligence package, investigates and responds in a timely manner.
Perform analytical risk assessment for corporate clients
Escalate any suspicions and/or concerns to the AML Officer and/or the Group Head of AML Function
Perform searches utilizing Internet sources and/or third-party vendors to obtain information on prospects and new/existing clients
Monitor the end-to-end process of client corporate onboarding;
Administer all aspects of the Company’s due diligence process, including receiving and tracking due diligence requests, assessing the need for referral to internal or external reviewers, filing and maintaining detailed due diligence records in a due diligence register, and establishing and maintaining a retrievable database of reviewed entities

Requirements:

Bachelor’s degree from a university in Law
Anti-money laundering and client due diligence
Knowledge and experience in dealing with KYC/AML for a wide range of client types, including private individuals, corporates, partnerships, trusts, funds, foundations etc.
Experience in establishing Source of Income & Source of Wealth of Higher Risk individuals.
Experience in using World check for PEP and Sanctions screening.
Knowledge and experience of complex AML scenarios, including AML requirements for clients based in higher-risk territories is preferred but a not necessity.
Excellent communication and written skills

Skills and Competencies:

Has the ability to work to strict deadlines;
Fluency in English, both written and verbal communication;
Ability to work as part of the team;
Strong level of accuracy and attention to detail;
Excellent analytical and organizational skills;
Excellent communication skills;
Critical thinking;
Ability to work under pressure in a fast-paced environment and achieve results.