What are the responsibilities and job description for the AML Officer - Broker Dealer position at Ascendo Resources?
Key Responsibilities :
- Lead, manage, and mentor the KYC team to ensure high performance and adherence to compliance standards.
- Develop training programs to keep the team updated on regulatory changes and best practices.
- Oversee the end-to-end KYC processes, including customer onboarding, periodic reviews, and enhanced due diligence (EDD).
- Ensure accurate and timely completion of KYC checks in line with internal policies and regulatory requirements.
- Continuously improve KYC workflows and implement automation where feasible to enhance efficiency.
- Ensure adherence to local and international regulatory requirements related to KYC and AML.
- Act as a subject-matter expert for KYC-related queries and provide guidance to internal stakeholders.
- Monitor and assess the effectiveness of KYC controls, recommending enhancements as necessary.
- Work closely with compliance, risk management, and business teams to align KYC activities with organizational goals.
- Liaise with external regulators and auditors, ensuring timely and accurate responses to inquiries and inspections.
- Prepare and present regular reports on KYC performance, key metrics, and compliance risks to senior management.
- Analyze trends in financial crime and customer behaviors to enhance KYC protocols.
- Develop, update, and maintain KYC policies, procedures, and guidelines to reflect regulatory changes and organizational needs.
- Communicate policy changes effectively across the organization.
- Investigate and resolve escalated KYC issues in a timely and effective manner.
- Proactively identify and address potential risks or gaps in KYC processes.
Qualifications :
