Regulatory Control Analyst - Analyst

• Review and approve client escalations for Remediation, Regular Review, New Product Extensions and Event Driven Reviews within the agreed SLAs
• Ensure the generated client risk rating is in line with expectations & procedures.
• Assess the risk factors identified through the due diligence provided by client lifecycle management (CLM)
• Apply subject matter expertise judgment as to relevance and/or materiality of Escalation triggers; i.e., can the overall assessment be defended
• Engage with appropriate BLAFC specialist team where further escalation is required e.g., local BLAFC, AFBC, Sanctions, BIU etc..
• Liaise with CLM to obtain additional information or request ACO to conduct additional research where required
• Ensure outcome and rational is clearly documented within the KYC systems and / or escalated for further guidance
• Ensure that KYC reviews undertaken are in line with the KOPs guidelines and processes
• Contributing to the wider global KYC Centre of Excellence programme, identifying best practices
• Deciding on new or existing clients that are escalated or deciding to escalate further to Governance Forums for review.
• Defining and implementing strategic TOM in-line with local/regional/global standards and change programmes.

Your skills and experience

Skills:

• Ability to identify and manage financial crime risks arising from regular reviews, event driven reviews, new client adoptions and new product extensions
• Strong communication, organizational, and interpersonal skills with the confidence to engage and advise professionally and persuasively with stakeholders.
• Proven analytical skills, problem solving ability, and a control mindset paired with meticulous attention to detail.
• Able to raise sensitive or potentially contentious issues in a constructive manner to reach appropriate solutions.
• Deadline driven with the ability to multi-task and work in a fast-paced environment.
• Ability to handle time-sensitive projects while focusing on the quality of work delivered.
• Self-motivated and proactive team player who takes ownership of assignments, thrives in a teamwork-oriented environment, and works well under pressure.
• Ability to work with various stakeholders across all 1LoD and 2Lod and manage expectations, without impacting the quality output.

Experience:

• Must be a graduate with any stream with at least 4-5 years experience in AFC or a related control related function within an international organization/bank in the Financial Services industry with extensive experience with the KYC process.
• People having a degree or diploma in AML/KYC will be preferred.
• A strong track record in risk and regulatory matters, ideally including:
• Good understanding of AFC risks and typologies in order to identify areas or instances of potential AFC risks and to address them appropriately.
• Experience of relevant regulations/laws and related circulars
• Financial Crime function expertise and should be considered a Subject Matter Expert (SME) in the Financial Crime area on relevant laws and regulations.
• Should be flexible with respect to work timings.
• Should be comfortable in working on MS Office tools using word and excel.