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Due Diligence Officer
Ref No.: 17-00500
Location: New York, New York
Position Type:Contract
Title: Due Diligence Officer
Location: New York 10019
Duration: 6 Months contract

Job Requirement:
  • Demonstrate awareness of the USA patriotic Act, the JMLSG UK Guidance notes for the prevention of money laundering and the 3rd European Money Laundering Directive
  • Understand the principles of Corporate Banking / Capital Markets and be familiar with CIB products
  • Aware of various types of trading entities – hedge funds, SPVs, corporates, limited, private and public companies, holding companies, trust's etc.
  • Responsible for collecting and review of AML documents in accordance with the current procedures
  • Notify compliance if documentation or identification appears to be fraudulent or suspicious
  • Issue reports to inform the Business of outstanding AML due diligence documentation that may be provided post-opening or temporarily waived or deferred by CAC
  • Monitor Trade Exceptions to ensure KYC is complete and front office is aware of deficiencies
  • Ensure follow up of critical issues
  • Ensure our process is consistent globally but adapted to local rules
  • Contribute to the implementation and controls for daily processes and assist with the update of procedures