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KYC Team Lead
Ref No.: 17-02893
Location: New York, New York
Position Type:Full Time
Pay Rate : $ 80,000.00 - 90,000.00 /Year
The Know Your Customer ("KYC”) Team lead is responsible for writing the initial KYC Profile based on the customer onboarding documentation obtained by the bank's retail branch locations. This position will also complete the initial customer risk rating based on the completed KYC Profile. The KYC Team Lead will also be responsible for completing customer KYC Reviews based on the customer's risk rating and overseeing a small team of KYC Analysts.
Essential Duties and Responsibilities
The KYC Team Lead is tasked with:
  • Managing the day-to-day operations of the KYC Team.
  • Reviewing the writing of the initial KYC Profile based on the customer onboarding documentation obtained at the bank's retail branch location.
  • Ensuring that completed KYC Profiles are accurate and portray an accurate and detailed description of Bank customers.
  • Completing the initial customer risk rating process consistent with the Bank's established processes.
  • Verifying that the initial risk rating is consistent with the actual risk of specific Bank customers.
  • Ensuring that all onboarding documentation has been collected.
  • Completing KYC Reviews in a timely manner and in accordance with a risk-based schedule.
  • Reporting relevant metrics to the Team Leader of the Compliance department based on data requests.
Education and Experience
  • Expereince in banking, with a strong emphasis as it relates to KYC regulations and processes. Strong experience with Banker's Toolbox, Microsoft Word and Excel. Must have 3-5 years of direct experience in the KYC area. Management experience is a MUST. A BS degree is typically required and/or professional certification. CAMS certification is preferred, but can be obtained at a later date.