FCC KYC Support Analyst

Job Title: FCC KYC Support Analyst

• Job Experience Level: Senior (10 Years)
• Rate: W2 $51 6 USD your margin ( We get only $6 as margin)
• Work Location Expectations: Remote
• Visa- H1B
• MOI-Skype
• Term: 5 Months
  
  Description:
  Summary: Within the Compliance Operations Department the Account Control Group (ACG) QC is responsible for performing processes related to Know Your Customer (KYC/CIP) assessing the quality of KYC folders. The specialist will report to the ACG Associate or ACG VP the ACG QC performs specialized tasks routine operational day-to-day actions such as quality checking KYC profiles reviews the work of ACG Analysts resolves some complex matters; escalates as appropriate. Responsibilities:
  Ensures operational efficiencies and customer data integrity in accordance with internal policies and procedures of SMBC and Head Office and compliance with AML/BSA/OFAC regulations. Provides quality control of KYC Periodic Review and CIP customer information and assures verification in accordance with AML policy and procedure. Ensures adherence to the SMBC KYC Program; recommends changes through compliance with bank policies.

Ensures that CIP information and mandatory DD/EDD information is present. collects from the RM and reviewing for adequacy and accuracy all required KYC information and documentation within prescribed time frame. Confirms that verification documents are obtained by the RM and work performed by the ACG Analyst are completed within a prescribed time frame. Maintains evidence of search results in the KYC system and escalating to the BSA Officer any confirmed or suspected name matches associated with material negative information. Troubleshoots routine and some complex issues with KYC/CIP system and various subsystems to resolution. Provides quality check for updates made to existing customer records including appropriate documentation review. Also performs quality check reviews on alerts or cases. Develop implement and maintain compliance programs and policies aligned with FCC standards. Conduct audits investigations and reviews to ensure adherence to applicable rules. Collaborate with legal risk and operational teams to resolve regulatory issues and mitigate compliance risks. knowledge of FCC rules compliance standards and regulatory frameworks. Experience in regulatory compliance audit or risk management. Strong analytical and research skills with the ability to interpret complex regulations. Proficiency in compliance systems and Microsoft Office applications. Excellent communication organizational and problem-solving skills.