KYC Compliance Support

Job description / Role

Company:
Our client is one of the largest providers of alternative investment products. They are currently looking to recruit a KYC Compliance Support for their Placement & Relationship Management (PRM) team.

Duties & Responsibilities:
Review and process the subsequent review of KYC files on a timely manner.
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.
Work closely with the Compliance team, obtaining approvals for unblocking accounts that require manual intervention.
Prepare Compliance status reports for various internal and external constituencies.
Monitor the unverified payments and distributions and follow up with the respective PRM member in processing the pending issues.
Support the KYC process for new clients, helping RM assistants as required and liaising with the Compliance team if any issues arise.
Undertake research on new and existing clients using internet resources and subscription databases as requested by RMs or as required for KYC purposes.
Provide support for various regulatory, compliance and legal projects or requests by gathering information about clients, preparing files, doing analysis, etc.
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.
Undertake special projects, as required.
Perform additional duties that may be assigned from time to time.

Requirements

Qualifications & Experience:

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.
Good English communication skills.
Fluency in Arabic preferred.
Strong IT and systems confidence, specifically with regard to the use of Excel in data analysis.
Good interpersonal skills and team orientation.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

• Banking & Finance
• Human Resources
• Oil & Gas
• Construction
• Architecture & Engineering