KYC Officer - Commercial Bank | Irvine, CA

Job description

The KYC Officer will be part of the Commercial Banking team supporting client coverage with the fulfillment of AML/KYC requirements. The KYC Officer will partner with Bankers and AML/KYC Operations to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence requirements at inception and renewal of client relationships. The KYC Officer will make independent recommendations regarding AML risk at a client level prior to onboarding. The KYC Officer will report to the KYC Manager or KYC Regional Manager.

Responsibilities include, but are not limited to:
· Evaluate client AML/KYC risk, including the identification of key issues and related mitigants, conducting independent research, verifying appropriate risk profile, and making independent risk assessment recommendations; liaise with various groups like legal, compliance, credit, and operations as needed to ensure a robust risk analysis and assessment
· Partner with Bankers to collect, analyze, and validate all appropriate due diligence and onboarding documentation provided by the client; utilize knowledge of AML/KYC policy to independently identify missing or insufficient client due diligence information
· Author and prepare well thought out and concise due diligence commentary that demonstrates a fulsome analysis and assessment of AML/KYC risk and outlines sound recommendations to the client coverage team
· Accountable for managing AML/KYC-related KPIs (key performance indicators) to ensure consistency in quality and timeliness of completion
· Take ownership of quality control issues related to client due diligence and partner with Bankers to resolve accordingly; escalate as appropriate
· Validate all client data and supporting documentation is appropriately recorded and stored on proprietary systems
· Research and analyze negative client findings; partner with Bankers and compliance to reach resolution and ensure appropriate documentation/recording of outcome.
· May have client contact in partnership with the Banker
· Special projects, including remediation and others, as directed by regulators, internal audit, etc

Desired profile

Requirements include, but are not limited to:
· BS/BA Degree or equivalent work or military experience
· Ability to demonstrate excellent verbal and written communication skills
· Ability to properly identify AML risks and demonstrates a solid grasp of AML/KYC policy
· Working knowledge of risk factors that may impact specific products and industries highly desirable
· Excellent time management and organizational skills
· Strong analytical and problem-solving skills
· Ability to multi-task effectively and leverage internal resources
· Strong client focus and ability to partner with various internal groups and client coverage
· Excellent attention to detail
· Independent, self-motivated, with an ability to adapt and be flexible in a team environment