JOB DESCRIPTION:

Job Title: EMEA AML – Beneficial Ownership Registry Consult

ROLE DESCRIPTION:

The Senior Operations Associate will support the Beneficial Ownership Registry consultation process as a part of the broader AML/KYC program. A beneficial ownership registry is a system or database that records the individuals or entities that ultimately own or control a company or legal entity, even if they are not officially listed on company documents. The role involves performing BOR consultation for clients post completion of the core AML Refresh activities, which includes analysing and resolving discrepancies, and filing reports with relevant agencies as needed. The environment is dynamic with the potential for additional jurisdictions to be added periodically.
The candidate will need to be familiar with how to manage the work in a case management environment including liaising with multiple key stakeholders including AML Operations, Global Financial Crimes, Sales, and other support areas. The role requires someone who can work well independently with a risk adverse mindset. The ideal candidate should have a working knowledge of Anti Money Laundering regulations.

RESPONSIBILITIES:

• Conducting BOR consultations for impacted clients.
• Reviewing discrepancies and identify materiality.
• Liaising with sales/ client outreach teams responsible for the collection of customer information used to validate client rationale for discrepancies where applicable.
• Reporting discrepancies to relevant agencies where required.
• Ensuring adherence to all jurisdictional requirements related to BOR consultation.
• Participating in internal/external Audits and Quality validation.
• Tracking cases and ensuring timely completion.
• Participate in the implementation of BOR consultation processes for new jurisdictions