Compliance Analyst Team Lead: File Reviews and Quality Check

Wilmington, DE

Monday-Friday, 8am-5pm

As a Compliance Analyst Team Lead, you will be responsible for leading a team of Compliance Analysts who are conducting client file reviews on legal entities and natural persons to confirm the following are available and up to date.

Primary responsibilities:

Managing a team of Analysts/Senior Analysts whose primary role would be:

• Engage in conducting client file reviews on legal entities and natural persons to confirm the following are available and up to date
  • Client Due Diligence (CDD) and Know Your Customer/ Client (KYC) documentation for natural persons: ID, residence proof, Source of wealth/funds & for legal entities: corporate records like Registers of directors/Members, constitutional documents like M& A, Incorporation certificates etc) and raise action points where missing or inadequate
  • Undertake AML/KYC analysis on the client files viz screening of entities and related parties & confirming, discounting or escalating findings
  • Based on above events undertake risk assessments and application of SDD, CDD and EDD as relevant.
  • Follow up with local business teams and clients on missing requirements to facilitate collection and updating of system records
• To self-perform on a limited scale, the tasks outlined in first point.
• Monitoring & reporting of the team’s output to both project leadership and business to ensure adequate progress being made to close action points, escalations to concerned stakeholders on necessary events etc.
• Ensure effective resource planning and utilization
• Undertaking periodic quality sampling of team’s work output in line with internal controls and quality assessment parameters defined and provide timely feedback.
• Guiding and Mentoring team members on tasks outlined
• In instances where direct client outreach is required, proactively handling client queries in a timely and professional manner
• Act as primary point of escalation for any output/quality issues

Ideal experience:

• Minimum of 8 years of relevant domain/ functional work experience, out of which 3-4 years should be fulfilling supervisory, including people management
• Understanding of AML, KYC, Due diligence processes and “ideally” corporate regulatory obligations both locally and globally
• Exposure and experience in screening tools such as World Check, Google Checks, DueDil, Dow Jones Risk & Compliance, Encompass, Sanction Scanner
• Ability to advice on screening results with experience on escalation to designated regulatory functionaries within the group where relevant
• Proficiency in MS Office/ Excel
  

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