KYC & AML Analyst/Trainee

Welcome to the exciting world of remote work with BnkToTheFuture! 

We are searching for a tech-savvy and experienced KYC & AML Analyst/Trainee as a Work From Home contractor. BF's fast-paced environment ensures that no two days are the same.

As a Work From Home contractor, your safety and privacy are our top priority. Therefore, we require all contractors to work from the comfort of their own home using their own secured wifi services/network and cloud-based applications. Don't worry, we'll provide you with the necessary cloud-based apps. For added security, we kindly ask that all contractors use an Apple Mac device - either a MacBook or desktop.

At BF, we value mutual respect and trust, so we won't be micromanaging you. Instead, we trust that you will work hard, be self-motivated, and remain productive. We believe in empowering our team members to take ownership of their work and be their best selves.

So why not apply today? We can't wait to see what we can accomplish together in this virtual work environment.

[please note this role is not open to anyone based in the U.S]

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Job Purpose of KYC & AML Analyst/Trainee:

You will verify and onboard new and existing investors and clients on the Bnk To The Future (BF) platform in the ‘Know Your Customer’ (KYC) department. You shall ensure all verification processes for both investors and clients meet the company’s compliance, regulatory and statutory obligations, including ongoing account monitoring for both investors and clients. You will be the first point of contact for KYC related queries from all BF team members across various departments and specifically provide support to the team BF Support department where you will be responsible for handling and managing Support Tickets related to KYC matters. 

Direct Reports: Compliance Risk Manager.

The Role.

Key Responsibilities and Duties include: 

Investors & Client New Account Opening Processes & Ongoing Monitoring Process -

You must maintain an up to date knowledge and understanding of BFs’ compliance, regulatory and statutory obligations, including internal policies and procedures for investor and client on-boarding processes related to KYC matters and carry out database administration responsibilities in line with the companies compliance and regulatory requirements. 

Your responsibilities will include but not limited to -

• Verifying ID both individual and organisational accounts for new and existing accounts which shall include but not limited to -
  • Verify proof of investor and or client address;
  • Proof of investor and or client identification (ID) this will be verifying facial ID;
  • Verifying net-worth & certification documents;
  • Enhanced Due diligence of documentations.

• Processing & Approval of Investor & Client Accounts -
  • Ensuring Investor & Client ID’s are approved in a timely and efficient manner.
  • Communicating with investors and clients on ID matters to meet any due diligence requirements;
  • Liaising and communicating with BF teams and management;
  • Managing BF Support Tickets relating to KYC matters.

• Conflicts of Interest -
  • Carrying out conflicts searches, assessing the results and advising on the implementing safeguards;
  • Identifying and researching potential conflicts issues and where necessary escalating them to more senior management team;

• Anti-Money Laundering -
  • Developing and maintaining a good understanding of anti-money laundering and financial crime legislation and a comprehensive understanding of investor & client due diligence requirements;
  • In respect of anti-money laundering and financial crime, you will escalate more complex issues and queries to more senior members and management of the compliance team;
  • Maintaining a working understanding of the firm’s anti-money laundering and financial crime policies and procedures;
  • Maintaining a good knowledge of potential red flags regarding the investor & client types across the Company and the jurisdictions within which the firm’s clients are based;
  • Carrying out investor & client due diligence using a wide range of databases and search facilities to identify PEPs, adverse media and sanctions (including analysing documents provided by investors & clients and advising whether further information or enhanced due diligence is required)
  • Raising concerns about any investor, client or compliance related matters with the MLCO or MLRO or wider compliance team;
  • Assisting in monitoring compliance notifications regarding the ongoing monitoring of BFs’ investors & clients;
  • Completing any other processes required for investor & client account opening and or ID verifying in a timely and efficient manner to avoid undue delay.

• Compliance and Risk Management -
  • Ensuring prompt escalation of any compliance risks or issues within the Compliance management team;
  • Assisting in the review of risk assessments matters and implementing any necessary safeguards;
  • Providing support to monitor and audit investor & client opening and AML procedures and policies to ensure they are being followed across the Company;
  • Undertaking such other duties as are broadly within the compliance and risk remit including new compliance regulations that may occur from time to time;
  • Maintaining annual and ongoing Company internal and external training to keep abreast of up to date regulations and compliance processes and procedures;

• Person Specification – experience and attributes required - 
  • Being a good team player is essential in this role;
  • You must have very good verbal and written communication skills in the English language. Verbal and written skills in Spanish or Filipino language are desirable but not essential; 
  • A good understanding of and experience in applying the money laundering framework and Customer Due Diligence (CDD) requirements within the jurisdiction the company works with, including any new regulations that may need to be to implemented;  
  • A general understanding of conflicts assessment and analysis;  
  • You must have outstanding and excellent attention to detail and good organisational skills that are essential to this role; 
  • Understanding of and commitment to BFs’ values;  
  • Strong communication skills in the English language, both written and verbal are essential;  
  • Confident individual with a proactive attitude;  
  • Good interpersonal skills, demonstrating professionalism in all dealings;  
  • A self-starter, able to demonstrate good levels of initiative and motivation, but also work closely with other team members and displaying trust and loyalty;  
  • Ability to manage assigned tasks in an efficient and timely manner;
  • Must have excellent time management skills and ability to ‘self-manage’ with minimal micromanagement requirement;   
  • Proven ability to deal with confidential matters with utmost integrity and with discretion;  
  • Must be trustworthy;
  • Must be able to multi-task and keep calm under pressure;  
  • Must be Tech savvy with latest technology, good at research of information online, a good working knowledge of Mac technology and or non-mac technology, such technology may include but not limited to - pages, numbers,  Google Drive and other softwares etc.;
  • The flexibility to work outside of normal duties such as other departments and outside of normal office hours as may be required from time-to-time.