Compliance Officer

• Mar 2010 - Jan 2012

Provide assistance to the Compliance Manager in the execution of the organization’s compliance policies and procedures: • New Client approval Process and executing the applicable KYC/Risk Mitigation procedures according to the clients’ risk rating. • Ensure that the client and company due diligence records are in line with compliance standards and regulatory requirements. • Identifies the applicable risks from service requests received from clients and advise the business area on the applicable due diligence information and/or documents required to mitigate the risks. • Maintain an updated record of the different legislations and regulatory guidelines applicable to the services rendered by the organization. • Maintain and update the Compliance Department’s Triggered Events Log of companies. • Manage and update as required the suspicious activity report Logs • Carries out special file update projects and reports to the Compliance Manager of the advancements. • Carries out KYC-background searches on clients and companies, as required according to their risk category. • Monitor the business relationship with the clients rated as High Risk and apply the measures as approved by the organization • Support the Compliance Manager in the implementation of the applicable AML/CFT training for current and new staff. • Preparation of reports as required by the Compliance Manager for the monthly Compliance Committee Meetings. • Spot Check Audits to the company’s sales offices. Show less