CIP/KYC Specialist

ConnectOne Bancorp•Union, NJ

36d•$70,000 - $80,000•Hybrid

About The Position

About us: ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we're builders - of businesses, communities, and equity. Most importantly, we're building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact. ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry's future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission. People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at "a better place to be". ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation. About this role: 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.

Requirements

Strong "People First" interest and ability.
Subject matter expertise in KYC, CIP, CDD and EDD regulatory requirements including beneficial ownership
Strong knowledge of Word, Excel and Lotus Notes.
Demonstrated success articulating and delivering findings on AML high risk behaviors and KYC data

Nice To Haves

Experience working for a bank within the KYC function, or similar, handling customer onboarding and periodic customer reviews
ACAMS Certified or equivalent
Financial services: 3 years

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 customers
Ensure compliance with CDD Rule and Beneficial Ownership requirements
Ensure compliance with regulations and policies and procedures
Perform KYC CDD/EDD Reviews for new and existing customers
Perform onboarding review and risk scoring of new customers by reviewing proper documentation
Ensure BSA/AML requirements relating to customer onboarding are met
Review negative news for disposition and escalation to Senior Management
Review and disposition of CDD alerts in KYC CDD Verafin Application
Understanding and complying with internal controls
Supporting 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.

Benefits

World class health, vision, and dental benefits on day one
401k with employer match
Hybrid work from home (depending on role)
Employee appreciation events (team building, softball games, food truck days, etc..)
Employee assistance programs (EAP)
Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
Tuition reimbursement
Employee Discount perks
CNOB Community Service Events

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