VP- CDD- Lending
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Job Location:
Monthly Salary:
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
At OakNorth were on a mission to empower the UKs most ambitious businesses. Since 2015 weve lent over $18 billion across the UK and US helped create more than 58000 new homes and 36000 new jobs and supported hundreds of thousands of personal savers all while fuelling the UK economy.
Team Mission
Were seeking a future team member to join our Client Onboarding function! As Vice President youll be responsible for overseeing the India Lending CDD team and conducting due diligence research and administrative duties for our new and existing clients whilst adhering to regulatory requirements. Have excellent of UK and US AML KYC / CDD / EDD requirements strong risk acumen and the ability to solve problems and work independently
Responsibilities
- Line manages train and mentor the India CDD Team and ensuring their deliverables are met on time.
- Produce and Monitor KPIs and KRI to ensure optimal performance of the India based CDD Team.
- Read understand and ensure the India team compliance with relevant UK and US AML Policies and Sops.
- Support the UK and US Client Onboarding (Ongoing monitoring team) on ad hoc tasks.
- Actively carrying out onboarding and ongoing monitoring lending cases end to end
- Perform identification checks (i.e. Experian GBG MiTek) analyse and validate the results.
- Conduct screening of PEPSs Sanctions & Adverse Media and escalate if there are true hits & provide constructive feedback on all screening when reviewing.
- Processing of emails (instructions/queries).
- Leads and manage the preparation of the CRS/FATCA annual reports.
- Be a subject matter expert and maintain knowledge and expertise.
- Providing advisory support to the other members of the India CDD Team
- Supporting the UK team in transformational change initiatives delivering against our strategic plan.
- Identify areas for improving processes to deliver improved efficiency.
Technical Skill
- Ability to understand financial statements.
- Experience working in the financial service sector (ideally in commercial lending or banking) for a minimum of 7 years experience.
- Excellent understanding and experience of AML/KYC CDD/EDD.
- Should be able to calculate the percentage of ownership and determine the beneficial owner(s) calculation.
- Ability to independently investigate/analyse information and draw/present conclusions.
- A strong understanding of financial crime prevention systems.
- Extensive technical knowledge of financial crime prevention.
Nice to haves:
- Experience with Fraud and AML Transaction Monitoring alert clearing.
- Advanced excel knowledge and experience working with large sets of data.
- Working knowledge of AEOI & FSCS requirements.
- Experience working with private equity / real estate investment vehicles.
- ICA & ACAMS Qualifications.
- Experience using CIFAS.
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
Exec
Key Skills
- Business Development
- Eclipse
- Economics
- Accounting
- Corporate Risk Management
- Brokerage
About Company
OakNorth Credit Intelligence Suite transforms commercial lending, giving banks 360° views of borrowers, with deeply granular, forward-looking insight, to improve efficiencies, lower credit risk, and drive profitable growth through economic cycles. Banks lend smarter, lend faster, and ... View more
