KYC Uplift Specialist

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

Business Management

• Perform review and uplift of existing KYC profiles to meet enhanced regulatory and internal policy requirements
• Review and corroborate Source of Wealth using appropriate documents, contextual analysis and market insights
• Identify and assess the risk of opaque legal structures
• Review client’s transactions for the period under periodic review; ensure the transactional activities are aligned with client’s risk profile and flag out any suspicious transactions with regards to unknown 3rd parties
• Address Sanction true matches, as well as true matches for other AML/CFT risks identified during Name and Media Screening
• Identify and escalate newly identified risk indicators or unusual transaction patterns during course of reviews
• Maintain clear and comprehensive documentation of review rationale and decisions
• Ensure timely and quality completion of assigned cases in line with defined timeline
• Support periodic reporting and status updates for internal governance
• Provide advice to Front employees on KYC/CDD- related matters
• Provide advice to the management and local risk committees on the AML/CFT risk of a client relationship
• Contribute to continuous improvement by identifying recurring gaps and suggesting enhancements to procedures

Client Management (internal & external)

• Build strong relationships with key stakeholders such as Front Office and Compliance teams.
• Work closely with overseas offices (particularly, Hong Kong, Dubai and Thailand) to provide input on KYC reviews

Regulatory Responsibilities &/OR Risk Management

• Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations
• Ensure that KYC/CDD issues are properly identified, assessed and documented
• Ensure that where KYC/CDD measures cannot be completed, mitigating measures are in place for and timely escalation to Compliance where suspicious activities /conduct is also noted

RANK APPLICABLE TO THE POSITION

• AM/AD

Personal and Social

• A strong sense of responsibility and impeccable integrity
• Strong personality with good organisational skills
• Excellent communication skill
• Ability to effectively manage internal and external stakeholders
• Setting the right priorities and ability to work on multiple assignments at the same time
• Strong analytical skills
• Excellent command of spoken and written English, other languages are an advantage

Professional and Technical

• Prior experience in conducting KYC review or client due diligence roles within private bank is preferred
• Experience interpreting financial documents (e.g. financial statements, property deed)
• Strong knowledge of the regulatory expectations (e.g. MAS 626 Notice & Guidelines) and enhanced due diligence practices, especially in SoW corroboration
• A good degree and understanding of the private banking industry and or trust company

We are looking forward to receiving your full job application through our online application tool. Further interesting job opportunities can be found on our Career site.

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