Associate Compliance Officer - KYC

The Associate Compliance Officer - KYC acts as the 1st Line of Defence identifying, assessing, and following up on Compliance risks related to the Bank’s counterparties. The role involves implementing KYC and Customer Due Diligence processes, ensuring compliance with AML/CFT regulations, and contributing to improvement projects within the EIB.

Responsibilities

• Take end to end responsibility for the verification of the identity of the EIB Relevant Counterparty and the analysis of its corporate structure, including shareholding, management, controlling entity/beneficial ownership.
• Perform AML/CFT, CDD on new and existing counterparties including Adverse Media, PEP and Sanctions screening and assessment to define ML-FT risk scoring.
• Ensure monitoring of accurate and complete KYC/AML-CFT due diligence records and update Client lifecycle Management System accordingly.
• Propose improvements and implement necessary processes, procedures, IT systems, methodologies, and working tools for KYC/AML-CFT due diligence.
• Support development and implementation of procedures for managing standing data of all EIB counterparts in loan, borrowing, and treasury operations.
• Liaise with staff in other Bank services and with Relevant Counterparties for timely collection, completion and validation of KYC/AML Due Diligence.

Requirements

• University degree (minimum an equivalent to a Bachelor), preferably in Law, Finance/Economics, or another related subject.
• Additional studies, certifications, or experience in compliance-related fields would be an advantage.
• At least 3 years of relevant professional experience in banking, in areas related to the KYC/ AML-CFT regulatory environment or other related compliance areas, preferably gained within the EU financial sector and/or in MDBs.
• Knowledge of relevant KYC/AML-CFT regulations and best practices.
• Knowledge of Compliance related data bases and standard IT tools.
• Good communication and writing skills.
• Experience in writing comprehensive reports and producing and delivering presentations and trainings.
• Excellent knowledge of written and spoken English and/or French with good command of the other.
• Knowledge of additional languages is considered an advantage.

Skills

• KYC Compliance
• Customer Due Diligence
• Compliance Risk Management
• Compliance Reporting
• Regulatory Compliance
• Compliance Training
• Banking Compliance
• Compliance Databases
• Financial Sector Regulatory Compliance
• Report Writing
• Presentation Skills
• English Language
• French Language
• IT Tools for Compliance
• AML/CFT Regulation
• Compliance Projects

Languages

English, French