CDD Specialist

Overview The primary objective of the CDD specialist is to provide a high-quality administration service to client by achieving SLA’s along with quality and assist TL in day-to-day activities. Key Accountabilities and main responsibilities Strategic Focus

Conducting CDD and EDD on new and existing counterparties, accurately, timely and in line with company policies and procedures; using a risk-based approach

Conducting PEP and sanction checks on new and existing counterparties, as part of the due diligence process

Investigating counterparties for any adverse information

Ensuring CDD information held appropriately on existing counterparties, is refreshed, using a risk-based process so that it remains up to date and accurate in accordance with company policy and money laundering regulations.

Core knowledge of Money Laundering and Counter Terrorist Financing Regulations (AML/CTF)

Receive CDD requests from the CDD Team Lead and reviewing the requirements.

Perform CDD on new and existing counterparties and enhanced due diligence where applicable

Knowledge on Ownership drill down, threshold for CDD and EDD.

Knowledge on Open searches screening, discounting, and providing rational

Undertake sanction and PEP screening on new and existing counterparties to determine if there are any PEPs/Sanction/AML risks

Re-categorising risk ratings for existing counterparties where necessary.

Obtain background information on clients through on-line research and other relevant sources

Review CDD information held on existing clients to identify shortfalls and obtain missing documentation

Record account status and approval information in the appropriate databases/spreadsheets

Update the PEP register and complete PEP forms ensuring all PEP relationships are approved by the relevant persons

Operational Management

Conducting investigations on counterparties for any adverse information, reputational risk issues, inappropriate practices, or behaviour on the part of the counterparty.

Conducting risk assessments and applying risk categories to new counterparties

People Leadership

Assisting junior members of staff with queries

Conducting ‘4 eye’ checks 

Assisting the Manager with their day-to-day tasks

Handling queries from the business pertaining to on-boarding and remediation

Standing in for the Manager in their absence

Producing MI

Conducting ad hoc projects when required 

Governance & Risk

Maintain level of accuracy

Complete assigned task as per provided SLA 

Experience & Personal Attributes

Experience of CDD requirements for a wide range of customers including private companies, government entities, regulated and unregulated funds, offshore jurisdictions and introducing brokers

Good organisational skills and the ability to work well under pressure.

Good knowledge of external regulations, whilst keeping abreast with internal policies and procedure 

Knowledge on Ownership drill down, threshold for CDD and EDD.

Knowledge on Open searches screening, discounting, and providing rational

Good Communication/ Written Skill

Good Knowledge on Pep Checks and discounting

Good Knowledge on Client onboarding and Remediation

Good verbal and written communication skills

Work closely with colleagues in Compliance and Front Office 

Work closely with CDD Managers

Exhibits high level client service skills

Excellent problem-solving skills both independently and supporting others 

Excellent time management skills, demonstrating flexibility and the ability to manage and plan in order to meet deadlines

Ability to manage change

The Role need to support APAC or EMEA shift and would need to work in Rotational shift wherein shifts would start at 3:30 am IST for APAC and from 11.30 AM for EMEA.