Description:
The Business Risk Management team plays a key role within the Wealth Management first line of defence. Business Risk Managers (BRM) are the internal referents within Front Office on the subjects of AML, CDB, Risk Appetite and KYC/KYT.
Mission:
Business Risk Managers (BRMs) collaborate with Relationship Managers, Assistants, Compliance and Client Documentation teams to ensure regulatory standards are met with a strong focus on Client Onboardings and Transactions Monitoring with the aim of settling themselves as trustworthy partners of the WM Front Office. As a BRM for the Latam / Iberia / Israel Region, you would mainly focus on cases from Relationship Managers (RMs) affiliated to these markets.
As a BRM, your challenges are to:
* Successfully learn and apply the BRM tasks and controls framework.
* Foster, promote and maintain appropriate quality of business deliveries of WM teams with regards to AML, CDB, Risk Appetite and KYT/KYC subjects.
* Actively contribute to the WM Markets awareness on these subjects.
Adopt a change-oriented approach, embrace and apply new solutions to enhance the quality and the effectiveness of processes.
Main duties:
* Performing thorough reviews of onboarding file (CDB, AML, KYC, KYT, adverse news screening to mitigate risks) prior to Compliance submission with a strong focus on standard risks prospects/clients.
* Ensure documentary accuracy and completeness of corroborations in adherence to the Bank's qualitative risk appetite and standards.
* Ensure appropriate documentation, review and close all normal and medium risk Transactional alerts clarified by the front office in a timely manner.
* Launch Event Driven updates following transactional activity shifts and change in Circumstances in the client life cycle to keep KYC/KYT in line with the client's activity.
* Escalate any deviations from the Bank's standards to relevant management and control functions.
* Act as an intermediary between Compliance and WM markets on AML, CDB, Risk Appetite and KYC/KYT subjects.
* Upon Management's request, act as a relay of authority within the WM Markets on certain initiatives.
Any other task required by Management relating to the Mission of the employee.
Specific Competencies and other Skills/Abilities
* University degree (Bachelor) or a qualification considered equivalent.
* Preferably a Private Banking, Financial Services Consulting, WM Assistant, or WM Compliance background.
* Min 3 years of experience.
* Strong communication skills with the flexibility to seamlessly interact with different levels of seniority and authority.
* Good command of MS Office suite. Knowledge of Power-BI is a plus.
* Fluent in English and Portuguese and/or Spanish. A good command of French or any additional language skill would be an added value.
* Solution oriented team player, capable of working independently.
* Stress resistant, reliable, and flexible.
* Eager to learn, acquire new skills and grow in an agile organization.