CIP/KYC Specialist

Company: ConnectOne Bank
Location: Union
Posted on: September 18, 2022

Job Description:

Description:
Position Summary This individual must have a strong understanding of banking KYC/CIP laws and regulations including the Bank Secrecy Act, USA PATRIOT Act, KYC, OFAC, SARs and CTRs.Key Responsibilities Support the Bank's People First focus and rules of engagement-maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB A Better Place to Be.Review complex CDD alerts for change in customer risk, and potentially suspicious activity while conducting due diligence through various sources.Perform CIP on new and existing customersEnsure compliance with CDD Rule and Beneficial Ownership requirementsEnsure compliance with regulations and policies and proceduresPerform KYC CDD/EDD Reviews for new and existing customersPerform onboarding review and risk scoring of new customers by reviewing proper documentation Ensure BSA/AML requirements relating to customer onboarding are metReview negative news for disposition and escalation to Senior ManagementReview and disposition of CDD alerts in KYC CDD Verafin ApplicationUnderstanding and complying with internal controlsSupporting KYC requirements for customers across multiple business lines and platforms.Conduct CIP audits on a quarterly basis.Expert in Beneficial Ownership certification within areas such as Retail and Lending.

Requirements:
Knowledge Subject matter expertise in KYC, CIP, CDD and EDD regulatory requirements including beneficial ownershipSkillsStrong knowledge of Word, Excel and Lotus Notes.Demonstrated success articulating and delivering findings on AML high risk behaviors and KYC dataAbilitiesStrong People First interest and ability.Excellent written and oral communication skillsAbility to perform duties independently communicate effectively with all levels of staff and managementOther Requirements Experience working for a bank within the KYC function, or similar, handling customer onboarding and periodic customer reviewsFinancial services: 3 years (Preferred)PI191833405

Keywords: ConnectOne Bank, Union , CIP/KYC Specialist, Other , Union, New Jersey