KYC Specialist Enhanced Due Diligence Specialist

Black Pearl


Ref: RP174-957

Job description / Role

Employment: Full Time

Our client, a well-known financial institution, is currently looking for a KYC Specialist/ Enhanced Due Diligence Specialist who will be based in Sydney, Australia.

In this role, you will have the following responsibilities:

- Performing Enhanced Due Diligence (“EDD”) on higher risk, complex clients or clients falling within special frameworks, as per operating processes
- Identifying clients posing higher risk due to existence of red flags or other high risk triggers
- Analyzing customer relationships, documentation, activity patterns, and transactions to detect potential suspicious activity or activity that is not consistent with the client’s profile, and escalating as appropriate
- Complying with relevant legislative and regulatory standards, and internal processes and procedures
- Assessing negative media and Politically Exposed Persons (“PEP”) alerts generated during client onboarding and client review processes
- Providing relevant recommendations based on the discrepancies, patterns and risks identified during the course of performing EDD
- Working cooperatively with Financial Crime Compliance and other business stakeholders to evaluate and mitigate the risks associated with new and existing high risk clients
- Resolving day-to-day issues arising during the EDD process, and escalating more complex challenges via the appropriate channel
- Support in the delivery of induction training for new starters
- Support in ad-hoc projects within the department and wider business, as required

Please note that this role is Sydney based, however there may be opportunities in both Hong Kong & Dubai


To be considered for this role you need to meet the following criteria

- Should have at least 3-4 years’ experience in a similar role
- Advanced knowledge of CDD and EDD processes and requirements, including the regulatory basis for these. Knowledge of multiple jurisdictions is an advantage.
- Advanced knowledge of red flags and AML typologies relevant to the payments and FX space
- Proactive, with the ability to work effectively within a fast-paced and high pressure environment
- Diligent, with excellent attention to detail
- Effective critical thinking skills, with the ability to find solutions to problems independently
- Strong communication skills, both written and verbal
- Co-operative, and comfortable working in a team environment
- Curious and engaged, takes ownership of own learning journey by asking questions and seeking out new information
- Adaptable, with the ability to cope with changing products, processes and procedures

Disclaimer: Black Pearl will never ask for money or any form to charge our candidates just to process or consider their application for any of our available vacancies. If you happen to receive such request from any members of our staff or other individuals claiming to be part of Black Pearl, please do call our office.

About the Company

Black Pearl is a progressive, dynamic and well structured HR solution provider that offers permanent recruitment services, HR consultancy, psychometric assessments, coaching and also professional training services for clients from different corporate sectors in the Middle East.

Like a rare and unique black pearl, we consider our partnership with our clients and job seekers as a fine, precious and valuable encounter that needs to be affirmed, developed and supported with a strong commitment to deliver not only the right services but the best in the industry.

Our aim is to meet and exceed the expectations of our clients, strategically offering Black Pearl services that are customized to the unique requirements of our clients and job seekers alike, resulting in effectively achieving goals and all that is required in this ever evolving and competitive market.

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