Risk Assessment Analyst

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• Conduct comprehensive enhanced due diligence investigations on high-risk clients, including politically exposed persons, clients from high-risk jurisdictions, and complex corporate structures in accordance with internal policies and desktop procedures.
• Research and analyse beneficial ownership structures to identify ultimate beneficial owners and control relationships.
• Evaluate source of wealth and source of funds information for high-net-worth individuals and entities using the public domain and/or documentation.
• Perform adverse media screening and analyse findings to assess reputational and financial crime risks.
• Prepare detailed, well-documented enhanced due diligence reports with clear risk assessments and recommendations and present these to senior management.
• Provide advice on issues and escalations to other New Accounts Teams to address difficult applications and independently recommend risk-based decisions to management.
• Liaise with relationship managers and business units to gather additional client information.
• Identify potential suspicious activities and escalate concerns through appropriate channels.
• Mentor Junior analysts and provide quality assurance reviews of their work.
• Contribute to the continuous improvement of EDD policies, procedures, and workflows.
• Participate in special projects related to regulatory changes, remediation efforts, or process enhancements.

Responsibilities:

• Conduct comprehensive enhanced due diligence investigations on high-risk clients, including politically exposed persons, clients from high-risk jurisdictions, and complex corporate structures in accordance with internal policies and desktop procedures.
• Research and analyse beneficial ownership structures to identify ultimate beneficial owners and control relationships.
• Evaluate source of wealth and source of funds information for high-net-worth individuals and entities using the public domain and/or documentation.
• Perform adverse media screening and analyse findings to assess reputational and financial crime risks.
• Prepare detailed, well-documented enhanced due diligence reports with clear risk assessments and recommendations and present these to senior management.
• Provide advice on issues and escalations to other New Accounts Teams to address difficult applications and independently recommend risk-based decisions to management.
• Liaise with relationship managers and business units to gather additional client information.
• Identify potential suspicious activities and escalate concerns through appropriate channels.
• Mentor Junior analysts and provide quality assurance reviews of their work.
• Contribute to the continuous improvement of EDD policies, procedures, and workflows.
• Participate in special projects related to regulatory changes, remediation efforts, or process enhancements.

Qualifications & Experience:

• Bachelor's degree or higher with a major or concentration in Finance, Law, Accounting, or Information Systems, or comparable work experience in a related field.
• Minimum of 5 years' experience and familiarity, preferably gained in brokerage or corporate banking environment, with onboarding or reviewing high-risk client relationships and carrying out EDD.
• Relevant financial crime qualification ICA or ACAMS is a must.
• Excellent written and oral communication skills in English.
• Strong research, investigatory, and problem-solving skills.
• Ability to make risk-based recommendations and articulate those persuasively to other departments and senior management.
• Prior experience in a highly automated environment and/or high degree of computer and technology proficiency.
• Intermediate experience with MS Outlook, MS Word, and MS Excel.
• Ability to work, meet deadlines, and thrive in a fast-paced environment.

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Job ID 8041167002