||Global Financial Firm has a Contract Opportunity in Jacksonville, FL
At Wealth Management division, focus is to deliver a boutique wealth management experience while leveraging the vast resources available as being part of a global, universal bank. We have been serving the interests of ultra high net worth individuals, families and select institutions for more than a century.
AML Business Risk (ABR) is responsible for the end to end client on boarding process within the Private Bank of Wealth Management Americas. The team is responsible for the review of client information and documentation (including KYC, account opening, and Tax documents) to ensure compliance with all applicable regulations, as well as assisting front office sales teams with the KYC and client on boarding process.
Key objectives/goals of ABR: ABR is dedicated to provide high quality service to both internal and external clients while ensuring the bank continues to comply with all applicable internal and regulatory requirements.
o Experience with AML, KYC and BSA risk issues for Private Banks preferred
o Prior experience with validation of tax documentation is a plus
• Review of KYC documentation (including entity corporate documentation like bylaws, corporate resolutions, etc.), information, and due diligence research for new and existing clients in consideration of temporary exceptions.
• Guiding front office sales teams in completing KYCs (answer questions on documentation, policy, etc.), as well as appropriate completion of W-8/9 forms.
• Assisting with audits, escalations, and investigations on KYC issues as needed.