Sydney
Wealth Management
Contract or Temporary
Our client is a global tier-one Wealth Management firm seeking an experienced KYC Client Account Maintenance Associate to join their Sydney Accounts Team on an initial 12-month contract with view to extend or transition into a permanent role.
The Client Account Maintenance role will be a key point of escalation for day-to-day queries on Account change requests raised by Sales and Compliance teams. The ideal candidate will have 2+ years' experience with Financial Crime within financial services, specifically with documentation and account structures exposure.
Key Responsibilities:
* Review documentation from Sales as required by global and local policy to support the Account Change Request process for Domestic and Private Wealth Management clients.
* Review and validate the accuracy of values that impact client's ML / TF risk, such as Source of Wealth and Total Net Worth.
* Escalate regulatory concerns or exceptions for further review and discussion.
* Submit accounts with high-risk triggers or high-risk accounts for signoff.
* Ensure client documentation and relevant approval records are retained properly in internal databases and monitor the receipt of any outstanding documentation within required timeframe.
* Conduct regular review and update on procedures and checklists.
* Support with implementing audit (both external and internal) and compliance testing team action plans/remediation.
Desired Experience/Qualifications:
* 2+ years of Financial Crime experience, ideally with exceptional Documentation exposure and dealing with sophisticated account structures, including trusts, charities, and foundations.
* Tertiary Degree (Bachelor's Degree or equivalent) required.
* Excellent verbal and written communication skills.
* Organised and detail orientated.
* Exposure to primarily Australian KYC regulations, and also some exposure with UK KYC regulations, would be ideal.
This role will pay approximately $450-550 per day plus super, depending on prior relevant experience.