ABOUT CITCO:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

The KYC/AML team’s Senior Specialist will provide excellent service and is responsible for gathering of KYC documentation and related activities for the several CFS offices. The Senior Specialist will further communicate with Investors and/or Investment Managers as regards to required KYC documentation. The role further entails proper handling of difficult cases and management of all aspects concerning the KYC shared folder.

• You will remain up-to-date and well informed about relevant international developments.
• Review KYC records with an emphasis on standard/enhanced due diligence and where applicable simplified due diligence KYC cases; ensure each is completed accurately in line with the due diligence level required
• Ensure at all times that Citco’s standards are complied with
• Make risk based approach decisions on KYC under supervision of Account Manager
• Proper and timely handling of cases involving third party payments
• Maintain an instant overview of complete and incomplete KYC records of investors and monitoring the actions taken to complete these KYC records
• Ensure escalation of any cases that have not been completed on a timely basis as well as timely escalation of difficult cases to the Account Manager
• Handle KYC documents in the CFS Document Management System in accordance with the procedures developed
• Monitor investors and their activities for those investors designated as requiring monitoring
• Maintain a database and separate files for High Risk Investors (including PEP’s), ensure approvals for such relationships are timely obtained in accordance with the procedures, and that reviews of these investors are performed in accordance with the policy and procedures
• Ensure that all investor relationships are risk rated and reviewed as per established procedure
• Timely follow-up on pending items
• Meet or exceed internal and external quality standards for exceptional customer service
• Teamwork is especially important in this position

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