What are the responsibilities and job description for the KYC Quality Control- VP position at Banco Santander S.A.?
The KYC QC VP will review the Customer Due Diligence on new to bank clients including the execution of Customer Risk Assessments, AML analysis (UBO analysis and screening results applied to Client Risk Matrix). The Due Diligence involves ensuring SDD/CDD/EDD is undertaken as required under KYC policy and standards. In addition, the Regs & Tax QC Analyst will check if Customer Due Diligence on new to bank clients meets the Regulatory & Tax requirements.
Furthermore, the KYC QC VP will perform KYC check the reviews on existing clients periodically done by CDD analyst, based on the client risk rating, or as a result of a trigger events. The review involves ensuring SDD/CDD/EDD is brought up to date and verified as required under AML policy and standards, including a review of client activity over the period and the products requested are still valid. The review includes verify if inactive clients have been identified and proposed for off-boarding.
Regards Regs & Tax verify that reviews on existing clients periodically have done at the regulatory & tax level, based on their active products, or as a result of a trigger events
In addition, KYC QC VP should review the new products requested by the clients.
Key Responsibilities:
Knowledge, Experience, Behaviours and Specific Qualifications:
Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Banco Santander S.A.