Job Description
Company Description
We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms.
Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.
Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.
We’re driven by our Group purpose, to power people and possibilities.
Job Description
The financial crime prevention function is responsible to prevent, detect and respond to compliance, regulatory and ML/TF risks faced by Clients of IQ EQ Shared Services Ltd, in line with the relevant AML/CFT Framework. The job incumbent is expected to carry out file review and all other due diligence necessary for client on boarding and assist with the design of the KYC Framework. He/she will also provide assistance in tax compliance (FATCA and CRS) to clients based in multi jurisdictions and such work is expected to be performed with little or no supervision or coaching.
Key Responsibilities:
- Conduct Know Your Customer (KYC) reviews on entities across multiple jurisdictions, including world-check and sanctions list screening, whilst liaising with business departments to ensure compliance requirements are met during client onboarding and account maintenance.
- Verify account compliance by ensuring account parameters, data, and required KYC documentation are correctly configured on core systems and maintained on secured databases in accordance with KYC principles.
- Perform due diligence on client accounts and provide comprehensive gap analysis reports with proposed remedial actions to address identified compliance deficiencies.
- Draft and update Key Operating Procedures (KOPs) for new clients and existing arrangements to reflect current compliance standards and regulatory requirements.
- Provide support with FATCA and CRS compliance obligations for clients based in multiple jurisdictions, ensuring adherence to international compliance frameworks including FATF, Basel Committee, and EU regulations.
What we offer
- Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
- Wellbeing: additional social benefits
- Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangements.
Qualifications
Education / professional qualifications:
- Degree holder in law or any other equivalent qualification
- Minimum 2 years’ experience; Experience in a similar role would be an advantage
- Relevant knowledge on KYC, AML/CFT, FATCA/CRS and International Compliance (FATF, Basel Committee, EU Laws amongst others). Be able to identify potential risk/compliance issues and conduct investigations
Computer / software knowledge:
- Competent at the advanced level of MS Office Word and Excel
Languages:
- Fluent in English and French
Additional Information
OUR COMMITMENT TO YOU AND THE ENVIRONMENT
Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.
There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.
Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.
We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.
