CDD Analyst CDD Analyst

Job Description

The primary objective of the CDD Analyst is to provide a high-quality administration service to client by achieving SLA s along with quality. Key Accountabilities and main responsibilities Strategic Focus Conducting CDD and EDD on new and existing counterparties, accurately, timely and in line with company policies and procedures; using a risk-based approach Conducting PEP and sanction checks on new and existing counterparties, as part of the due diligence process Investigating counterparties for any adverse information Ensuring CDD information held appropriately on existing counterparties, is refreshed, using a risk-based process so that it remains up to date and accurate in accordance with company policy and money laundering regulations. Core knowledge of Money Laundering and Counter Terrorist Financing Regulations (AML/CTF) Receive CDD requests from the CDD Team Lead and reviewing the requirements. Perform CDD on new and existing counterparties and enhanced due diligence where applicable Knowledge on Ownership drill down, threshold for CDD and EDD. Knowledge on Open searches screening, discounting, and providing rational Undertake sanction and PEP screening on new and existing counterparties to determine if there are any PEPs/Sanction/AML risks Re-categorising risk ratings for existing counterparties where necessary. Obtain background information on clients through on-line research and other relevant sources Review CDD information held on existing clients to identify shortfalls and obtain missing documentation Record account status and approval information in the appropriate databases/spreadsheets Update the PEP register and complete PEP forms ensuring all PEP relationships are approved by the relevant persons Operational Management Conducting investigations on counterparties for any adverse information, reputational risk issues, inappropriate practices, or behaviour on the part of the counterparty. Conducting risk assessments and applying risk categories to new counterparties Governance Risk Maintain level of accuracy Complete assigned task as per provided SLA Experience Personal Attributes Experience of CDD requirements for a wide range of customers including private companies, government entities, regulated and unregulated funds, offshore jurisdictions and introducing brokers Good Knowledge on Client onboarding and Remediation Good organisational skills and the ability to work well under pressure. Good knowledge of external regulations, whilst keeping abreast with internal policies and procedure Knowledge on Ownership drill down, threshold for CDD and EDD. Knowledge on Open searches screening, discounting, and providing rational Good Communication/ Written Skill Good Knowledge on Pep Checks and discounting Good verbal and written communication skills Work closely with colleagues in Compliance and Front Office Work closely with CDD Managers Exhibits high level client service skills Excellent problem-solving skills both independently and supporting others Excellent time management skills, demonstrating flexibility and the ability to manage and plan in order to meet deadlines Ability to manage change The Role need to support APAC or EMEA shift and would need to work in Rotational shift wherein shifts would start at 3:30 am IST for APAC and from 11.30 AM for EMEA. The primary objective of the CDD Analyst is to provide a high-quality administration service to client by achieving SLA s along with quality. Key Accountabilities and main responsibilities Strategic Focus Conducting CDD and EDD on new and existing counterparties, accurately, timely and in line with company policies and procedures; using a risk-based approach Conducting PEP and sanction checks on new and existing counterparties, as part of the due diligence process Investigating counterparties for any adverse information Ensuring CDD information held appropriately on existing counterparties, is refreshed, using a risk-based process so that it remains up to date and accurate in accordance with company policy and money laundering regulations. Core knowledge of Money Laundering and Counter Terrorist Financing Regulations (AML/CTF) Receive CDD requests from the CDD Team Lead and reviewing the requirements. Perform CDD on new and existing counterparties and enhanced due diligence where applicable Knowledge on Ownership drill down, threshold for CDD and EDD. Knowledge on Open searches screening, discounting, and providing rational Undertake sanction and PEP screening on new and existing counterparties to determine if there are any PEPs/Sanction/AML risks Re-categorising risk ratings for existing counterparties where necessary. Obtain background information on clients through on-line research and other relevant sources Review CDD information held on existing clients to identify shortfalls and obtain missing documentation Record account status and approval information in the appropriate databases/spreadsheets Update the PEP register and complete PEP forms ensuring all PEP relationships are approved by the relevant persons Operational Management Conducting investigations on counterparties for any adverse information, reputational risk issues, inappropriate practices, or behaviour on the part of the counterparty. Conducting risk assessments and applying risk categories to new counterparties Governance Risk Maintain level of accuracy Complete assigned task as per provided SLA Experience Personal Attributes Experience of CDD requirements for a wide range of customers including private companies, government entities, regulated and unregulated funds, offshore jurisdictions and introducing brokers Good Knowledge on Client onboarding and Remediation Good organisational skills and the ability to work well under pressure. Good knowledge of external regulations, whilst keeping abreast with internal policies and procedure Knowledge on Ownership drill down, threshold for CDD and EDD. Knowledge on Open searches screening, discounting, and providing rational Good Communication/ Written Skill Good Knowledge on Pep Checks and discounting Good verbal and written communication skills Work closely with colleagues in Compliance and Front Office Work closely with CDD Managers Exhibits high level client service skills Excellent problem-solving skills both independently and supporting others Excellent time management skills, demonstrating flexibility and the ability to manage and plan in order to meet deadlines Ability to manage change The Role need to support APAC or EMEA shift and would need to work in Rotational shift wherein shifts would start at 3:30 am IST for APAC and from 11.30 AM for EMEA.