- The Trust & Agency Services (TAS) business is responsible for a broad portfolio of Depositary Receipts (DR), conventional debt and securitization transactions and service teams are required to engage directly with transaction parties supporting the administration of structured and non-structured debt issuances in accordance with the contractual terms.
- This role is exciting and broad ranging the successful candidate will be responsible for specific functional duties supporting the TAS business globally and will have interaction across the initial transaction value chain supporting onboarding and access requests for the business.
- The successful candidate will be required to cover APAC working hours.
- Corporate title will depend on the relative experience of candidate.
Role Description
- The Know Your Client (KYC) Analyst focuses on client onboarding (COB) and exceptions in line with regulatory standards and jurisdictions.
- The KYC Analyst provides regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering ( AML ) and Anti Financial Crime ( AFC ) areas and ensures any changes required are implemented with minimum disruptions.
- The KYC Analyst also assists the bank s clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures ( SOP s) and Operation Level Agreements (OLA s) to achieve accurate and timely account opening to help execute trades.
- AAR/ENPR SME to support ACO managed exits and data control.
- The ACO is the person who has attested to owning a Client relationship in Salesforce for KYC for that Client file/DB entity location level. An ACO is expected to know the Client sufficiently to be able to effectively assess the accuracy and consistency of the customer due diligence regarding any FCRs, based on their understanding of the Client and the expected nature and purpose (ENPR) of the Business they wish to conduct with DB.
Your key responsibilities
- Developing a clear understanding of KYC policy requirements
- Working with salespersons and other internal stakeholders to understand deal structure and identify NCA target parties.
- Work with business teams , client managers for managed exit and data control
- Identifying entity type to determine NCA requirements to be requested from clients.
- Liaising with clients (both internal and external) to gather all applicable NCA and PR requirements, including tax documents, within a specified timeline.
- Reviewing NCA and PR documents received from client to determine such documents are compliant with the applicable policies and procedures.
- If applicable, working with salespersons to raise requests for any Compliance approval in order to satisfy any Enhanced Due Diligence EDD requirements.
- Submitting a request for NCA or PR to the Client Lifecycle Management ( CLM ) team
- Tracking and follow up on the request submitted with the CLM team to ensure a timely completion.
- Working with salesperson to perform searches on the NCA target entity and respond to any relevant hits or exceptions according to Bank s standards and requirements.
- If applicable, working with relevant internal parties for the preparation of deal sheets and coordination with various offices for internal pipeline meeting.
- Arranging for document storage in accordance with applicable local requirements
- Managing any local storage database, whenever applicable
- Act as a first point of escalation for junior analysts
- Act as a first point of escalation for other KYC Analysts
- Ad hoc projects
- Any other duties as assigned.
- Liaise with the ACO to facilitate the submission of AAR attestations.
- Ensure prompt and accurate submission of AAR
- Follow up and Escalate to meet applicable deadlines
- Liaise with the Business Execution team, as needed
- Monitor AAR MIs and ensure accurate and timely AAR attestation submissions
- ACO Mapping Management / Coordination - working with Business Execution teams to identify a replacement ACO and managing completion of files with ACOs who have attested
- Business Line Governance - leading regular cadence calls with ACOs, as needed, to review aged or blocked cases in outreach or other areas of the review process and driving escalation management
- Critical Rules Management - Escalation to Business Leads and facilitation between ACOs and Business Execution team
- Transformation Change - Providing SME input to improve the attestation process, as needed
- Training and Advisory - Stay up to date on any process changes cascaded to ACOs
- Preparation of periodic MIS reports
- The preparation and distribution of regulatory and mandatory control reports
- Any other duties or ad-hoc projects as required
Your skills and experience
- Relevant experience in a similar role in investment banking or corporate banking administration
- A good understanding of the global financial services industry, Fixed income, and Debt Capital Markets
- A practical knowledge of banking operations
- Experience in administration operations
- Basic accounting knowledge and / or strong reconciliation skills
- Experience at interacting widely through a financial services organization
- The ability to work under pressure, handle multiple priorities and work as part of a team as well as individually
- Fluent written and spoken English is essential
- Additional language skills including Mandarin, Chinese beneficial but not essential
- Experience in using Sales force will be a plus
You will be
- An effective and concise communicator, both verbal and written
- Numerate and analytical with strong attention to detail
- Able to interact with people from different business/disciplines acting consistently throughout the organization.
- A team player with strong communication skills, a proactive mind-set and a professional attitude to delivery and client-focus
- Able to work in a challenging and rapidly changing business environment
- Able to adapt to complex financial and operational matters
- PC literate with good working knowledge of Microsoft Office products particularly MS Excel. Parts of the role will be using internal systems for which training will be provided
- Educated to degree level or similar
How we ll support you
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
