Senior AML/KYC Officer

at  Citco

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.

• Ensure all client-due diligence (CDD) requirements are met to accept new clients (and counterparties), including assessing client documentation and required risk analysis.
• Ensure all CDD requirements are met throughout the client lifecycle, including performing obligatory periodic or event driven reviews of CDD files and updating the risk analysis reports, if applicable.
• Communicate with and advise clients, colleagues and other Citco offices worldwide on the CDD requirements of Citco REIF Services Luxembourg
• Assist in scanning of the Citco REIF’s Luxembourg client and counterparty database against various lists, analyzing and clearing of alerts resulting from the scanning.
• Identify client and/or counterparties that might be considered a(n) (integrity) risk for the organization.
• Populate, update and monitor completeness of relevant internal systems with CDD, client and other related information and documentation.
• Ensure that the applicable risk level of clients as well as possible PEP status are captured in the systems.
• Assess various internal reports and forms (e.g. transaction profile, acceptance, (re)approval, transfer, re-activation, refusal and business termination, etc.).
• Assist the client servicing teams with transaction monitoring.
• Report internally possible suspicious and/or unusual transactions in line with applicable reporting policies and procedures to the local AML/KYC Manager.
• Manage escalations and incidents quickly and efficiently, ensuring legal, regulatory and internal rules are upheld at all times.
• Assist with upholding internal KYC/AML policies and procedures.
• Monitor completeness of CDD files and actions taken to complete CDD files.
• Assist in development of classroom training and providing training.