MERCK FINCK A QUINTET PRIVATE BANK is one of the few private banks in Germany that is fully committed to private banking.
Analyzing and developing an understanding of the history of the customer and the associated persons.
Determination of beneficial owners and review of complex corporate structures
Review of newly submitted customer relationships (onboarding management) and existing customer relationships (CFR) with regard to legally required documents, documentation and internal requirements
Conducting KYC/KYT, source of wealth and source of funds checks and identifying possible atypical transactions/activities
Documentation of information on customers, including web research and adverse media screenings
Identification of possible relevant risks (geographical, reputational, industries, etc.) including possible “red flags” and deriving mitigating measures
Implementation of the ability to identify and escalate suspicious or non-compliant activities in order to develop and present a professional conclusion/recommendation as a result of a holistic view/analysis
Implementation of the bank’s FCC framework for compliance with the regulations for combating financial crime in the bank.
Living risk awareness taking into account the topics that play a role in the 1st and 2nd LoD areas
Supporting front office employees with regard to KYC-relevant topics (content, process and tool) as part of the onboarding/prospecting phase or during ongoing audits
Supporting the offboarding process
Banking training (m/f/d) or a degree in finance, economics, law or similar
At least 1-3 years of experience in processing KYC analyses (KYC/KYT) or in comparable areas in the financial sector
Basic knowledge and experience in the area of regulatory requirements (GwG, reports/queries BZSt, account records center, KYC, etc.)
Experience and understanding in the area of (private) banking and the products/services
Ability to operate in an international group with different regulations and cultures
High flexibility, commitment and resilience
Efficient working methods even when dealing with issues with tight deadlines
Strong and profound teamwork skills
Proactive and independent working methods
High integrity
Professional quality standards
Strong communication skills
Very good knowledge of MS Office tools
Extensive experience in using core banking systems and supplementary banking .software
Very good knowledge of using KYC-supporting tools such as World-Check ...(Refinitiv) or similar
A basic understanding of digital processes
Very good knowledge of German and English, knowledge of French desirable
To know more details about the vacancy and how to apply kindly check the link below:
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