About the Role
Are you an expert in entity due diligence with a strong focus on Enhanced Due Diligence (EDD)? Join SWIFT’s Compliance Operations Team and play a critical role in ensuring compliance with SWIFT’s internal standards and effectively managing compliance risks.
As a Senior Compliance Specialist, you will be responsible for overseeing the onboarding and due diligence of corporate entities joining the SWIFT network. You will ensure these entities remain aligned with SWIFT’s regulatory requirements and internal standards throughout their engagement with the organization.
What to expect?
- Conduct comprehensive Enhanced Due Diligence (EDD) reviews and risk assessments for prospective, new, and existing entities, focusing particularly on high-risk entities.
- Administer and improve SWIFT’s onboarding and ongoing due diligence program to ensure compliance with internal standards and SWIFT-specific requirements.
- Provide subject matter expertise on documentation and data sources related to entity due diligence.
- Support business units in executing due diligence reporting processes, ensuring governance programs meet SWIFT's internal standards.
- Analyze onboarding challenges, identifying solutions and providing insights for process improvements.
- Compile, assess, and escalate due diligence findings as necessary to mitigate potential risks.
- Lead and mentor teams to meet compliance goals, resolve complex issues, and ensure effective risk management practices.
- Collaborate with internal and external stakeholders to resolve compliance-related issues and improve processes.
- Stay updated on industry best practices and SWIFT-specific compliance guidelines in entity due diligence and Enhanced Due Diligence (EDD).
- Develop and maintain standard operating procedures related to entity compliance and Enhanced Due Diligence (EDD).
- Assist in technical projects, preparing reports, metrics, and presentations for senior management and stakeholders.
What you need to be successful?
- Bachelor’s degree (preferably in Legal or Compliance).
- Relevant financial crime certifications (e.g., ACAMS, ICA, CCEP, CRCM).
- Minimum 6 years of experience in Legal, Compliance, or KYC due diligence with a focus on entity customers.
- At least 3 years of experience in risk assessments and Enhanced Due Diligence (EDD) for corporate entities.
- Strong understanding of AML, CTF, and Sanctions Risk for corporate and institutional clients.
- Excellent knowledge of the Financial Crime Regulatory Environment, including laws and guidelines applicable to entity compliance.
- Strong communication skills, including report writing and the ability to present complex information effectively.
- Detail-oriented with strong organizational skills and the ability to manage multiple priorities and meet deadlines.
- An entrepreneurial mindset with a passion for delivering high-quality compliance services.
- Experience with financial statement due diligence for entities is a plus.
Important Note:
This role focuses exclusively on entity due diligence for corporate and institutional clients. Candidates with experience limited to retail or personal banking due diligence (e.g., for individuals or consumer products) may not be suitable for this position.
What we offer
We put you in control of career
We give you a competitive package
We help you perform at your best
We help you make a difference
We give you the freedom to be yourself
We give you the freedom to be yourself. We are creating an environment of unique individuals – like you – with different perspectives on the financial industry and the world. An environment in which everyone’s voice counts and where you can reach your full potential regardless of age, background, culture, colour, disability, gender, nationality, race, religion, or veteran/military status.
