Client Due Diligence Specialist

2 weeks ago


London, Greater London, United Kingdom Bank of America Full time

We are seeking a skilled Client Due Diligence Specialist to join our team at Bank of America. This is an exciting opportunity to work in a dynamic and fast-paced environment, where you will be responsible for identifying and developing client connections, engaging with clients to obtain Know Your Client (KYC) documentation, and staying abreast of global regulatory changes.

Key Responsibilities:

  • Outreach to clients requesting and collecting KYC documentation
  • Assigning Outreach contacts and serving as the key point of contact for relevant Clients and Bankers, Operations, Risk, and other internal functions
  • Partnering with KYC support to review, challenge, and communicate the KYC refresh forecast
  • Oversight and resolution of risks and impacts of non-compliance with KYC processes
  • Consolidating client feedback to improve Bank's processes across lines of business and regions
  • Raising process issues and improvements to help clients
  • Owning the Outreach of periodic refreshes, remediation, and associated programs

Requirements:

  • Bachelor's degree or equivalent work experience
  • Extensive experience in a client-facing role within the financial services or a related industry
  • Knowledge of AML CDD policy and standards, industry practices in AML CDD, including legal entities in global jurisdictions

Benefits:

  • Competitive salary of $80,000 per year
  • Comprehensive benefits package, including pension plan, life assurance, and group income protection cover
  • Access to employee assistance program for confidential support
  • Opportunity to give back to your community, develop new skills, and work with new groups of people

At Bank of America, we offer a supportive and inclusive work environment that fosters growth and development. If you are a motivated and results-driven individual with excellent communication and problem-solving skills, we encourage you to apply for this exciting opportunity.



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