KYC Compliance Support - Placement & Relationship Management

Clarendon Parker Bahrain

Manama, Bahrain

Ref: HP704-342

Job description / Role

Employment: Full Time

Responsible for ensuring KYC compliance of client files after initial approval and helping Relationship Managers (RMs) perform research on prospective clients. The successful candidate will be based in Bahrain and will report to a member of the PRM Client Services team. The duties and responsibilities of this position will include, but are not limited to the following:
1. Review and process the subsequent review of KYC files on a timely manner.
2. Monitor and follow up on expired documentation related to prior approved KYC files. Work closely with RMs and RM assistants to achieve this objective. The candidate may be asked to liaise directly with a client contact for obtaining KYC information and in this case should exercise appropriate judgment by keeping the RM in the loop.
3. Work closely with the Compliance team, obtaining approvals for unblocking accounts that require manual intervention.
4. Prepare Compliance status reports for various internal and external constituencies.
5. Monitor the unverified payments and distributions and follow up with the respective PRM member in processing the pending issues.
6. Support the KYC process for new clients, helping RM assistants as required and liaising with the Compliance team if any issues arise.
7. Undertake research on new and existing clients using internet resources and subscription databases as requested by RMs or as required for KYC purposes.
8. Provide support for various regulatory, compliance and legal projects or requests by gathering information about clients, preparing files, doing analysis, etc.
9. Key element of providing accurate and timely support will be an understanding of the information and process flows (and gaps thereof) across the firm and a good working relationship with respective counterparties.
10. Undertake special projects, as required.
11. Perform additional duties that may be assigned from time to time.

Requirements

1. Successful candidate will be a self-starter with meaningful experience (2+ years) in banking or consulting environment, with strong research competencies. Experience in an accounting firm would also be suitable.
2. Good English communication skills.
3. Fluency in Arabic preferred.
4. Strong IT and systems confidence, specifically with regard to the use of Excel in data analysis.
5. Good interpersonal skills and team orientation.

About the Company

Established in 1996, Clarendon Parker Bahrain is an International Recruitment Specialist Consultancy based in Bahrains Seef Business District. We specialise in mid to senior level professional, managerial, technical recruitment and staffing solutions in Bahrain and beyond. Our multinational team of consultants are experienced professionals within the fields they represent. Each consultant brings strong industry links and knowledge to better understand your business requirements. We know the market and we know our candidates!

Our team of dedicated consultants specialise in the following industries:

Accounting, Finance & Banking Logistics & Customer Service Secretarial & Administration Human Resources & Recruitment Engineering & Construction IT/Telecom Marketing & PR Oil and Gas

The current range of services includes permanent and temporary recruitment, recruitment advertising campaigns, employee satisfaction surveys, state-of-the-art web-based recruitment technology and HR consulting services relating to recruitment processes and activities.

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