What are the responsibilities and job description for the Client Onboarding Analyst position at Itau?
Duties & Responsibilities
- Operationally execute activities related to KYC (new and renewal) information for all customers through the performance and administration of the Anti-Money Laundering Laws, in order to mitigate, analyze, approve and monitor different types of risk.
- Review / analyze KYCs and Account Opening documentation for new and existing clients.
- Prepare KYC and documentation package in order to present in the KYC committee for approval and delivery of complete package to Account Services team.
- Work on the necessary support to strengthen the Bank Secrecy Act and Anti-Money Laundering program (KYC).
- Review new and existent clients, OFAC, World Check, Google research, Credit Bureau or in-country research tools (when applicable).
- Execute and complete BSA / AML related investigations (KYC)
- Communicate to, and follow-up with, Front Office personnel matters related KYC program in an effective, efficient and timely manner.
- Assist in the gathering of documentation and information requested by internal, external and regulatory auditors. Collaborate during audit examinations in the gathering of documentation and information, and provide reports requested by local, regional or head office auditors and regulatory authorities (KYC).
- Review applicable account opening documentation for new accounts, as well as documentation reviews for maintenance and changes on established accounts (signers update), and prepare related risk scores with adequate documentation to support the work performed (KYC)
- Preapproval / Review of UBOs for Fiduciary Structures, incorporation of PICs and RORAs for Fiduciary Units.
- Compliance with BSA / AML laws, rules, regulations and the bank's BSA / AML policies and procedures (KYC).
- Control, Report and participation in projects as Migrations, Internal Risk Committee. KYC renewal and expired documentation projects.
- Work with Front Office areas to obtain client information or documentation.
- Assist the Bank in complying with all applicable laws, rules and regulations, as well as with banking practices and controls.
- Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau’s related policies and procedures.
Qualifications