Customer Due Diligence (CDD) Analyst | Insurance | Contract

Job Scope

• Manage the onboarding, periodic and trigger event reviews for individuals, trust, private investment companies, and operating business customers (i.e. High-net-worth and complex structures).
• Manage periodic reviews and remediation exercises.  Monitor progress and customer response and ensure adherence to timeline.
• Corroborate on the Source of Wealth and Source of Fund for insurance applicants in accordance with the prevailing prescribed line of business procedures and guidelines.
• Perform ‘subject matter expert’ (SME) management review of high net worth, complex structure clients and distribution experience.
• Provide regular management information (MI) on reviews and best practices.
• Maintenance of procedure manuals for ‘Customer Due Diligence’ and ‘Know Your Customer’ for onboarding, periodic and trigger event reviews.
• Participate in new process implementations aligning to the Line of Business Procedures.
• Manage and articulate audit findings from internal and external auditors and regulators.

Job Requirements

• Degree in Finance, Banking, Business Administration, Accounting, Economics, Law, or a related discipline.
• 1-4 years of experience in ‘Know Your Customers’ review requirements (individuals, trust, private investment companies, and operating business customers).
• Good planning and organizational skills with excellent time management and ability to prioritize. 
• Methodical and lateral thinkers who can work under minimal supervision.
• Ability to manage data extraction, Management Information (MI) analytics, investigate issues and solve compliance abnormalities.
• Experienced in relationship management and collaboration with internal and external stakeholders.