Sydney Wealth Management Contract or Temporary
Our client, a global tier-one Wealth Management firm, seeks an experienced KYC Periodic Review Officer to join their Sydney Account Management Team.
The ideal candidate will have wealth management/retail broking/Wealth Management client onboarding/KYC/AML experience and ideally some understanding of UK FSA regulations alongside Australian regulations.
This role is open to working holiday visa-holders as well as those with longer-term visas and residency.
* For working holiday visas, candidates will be considered for a 6-month contract.
* For longer-term visas and residents, candidates will be considered for a 12-month contract with potential to be extended or go permanent.
* Escalate regulatory concerns or exceptions to AMT Manager for further review and discussions.
* Escalate accounts with high-risk triggers or high-risk accounts for Global Financial Crimes (GFC) signoff.
* Review and validate the accuracy of values that impact client's ML/TF risk, such as Source of Wealth (SoW) and Total Net Worth.
* Continuous and active engagement with Sales teams to share KYC and ML/TF related guidance.
* Ensure periodic review and relevant approval records are retained properly in internal database and monitor the receipt of any outstanding documentation within required timeframe.
* At least 3 years' experience in the financial services industry, ideally with previous experience in Risk and Compliance with a private bank, or onboarding/periodic review in a top-tier bank.
* Understanding of global AML/KYC standards, in particular Australian and UK-FSA requirements.
* Strong analytical and organisational skills.
* Strong communication skills to effectively and clearly instruct/advice Sales teams and other stakeholders.
* Ability to articulate issues concisely and effectively.
* Able to work both independently and with a team in a dynamic environment with high pressure on timeliness and quality of deliverables.
* Impressive knowledge of KYC documentation, industry regulations and best practices.
This role will pay approximately $450-$525 per day plus super, depending on prior experience in relevant positions.