KYC Analyst (1870)

Aramco Americas Company•Houston, TX

21h

About The Position

OVERVIEW: Responsible for assisting in compliance monitoring and enforcement activities within ATC. Support the Compliance team in conducting risk assessments, reviewing policies and procedures, and ensuring adherence to regulatory requirements. Assist in the development and implementation of compliance training programs and conducts research on emerging regulatory issues. Key Duties and Responsibilities: Conduct routine monitoring of internal policies and procedures to ensure compliance. Assist in reviewing and analyzing external regulations applicable to the organization. Screen counterparties and vendors to ensure compliance with regulatory requirements. Assist in conducting compliance audits and assessments. Provide support in developing and implementing compliance training programs for employees. Assist in drafting and updating compliance policies and procedures. Collaborate with other departments to address compliance-related issues and concerns. Participate in compliance-related meetings and discussions. Assist in investigating compliance violations or breaches. Maintain accurate records and documentation related to compliance activities. Monitor changes in regulatory requirements and update internal stakeholders accordingly. Assist in preparing compliance reports and presentations for management review. Ensure compliance with trade regulations, including trade sanctions and export controls, by screening and evaluating trade transactions. Collaborate with trade compliance officers to develop and implement trade compliance procedures and controls. Conduct Know Your Customer (KYC) due diligence on counterparties and vendors to mitigate compliance risks related to money laundering and financial crimes. Perform additional miscellaneous responsibilities as dictated by the business and assigned by the direct manager. Communication: Internal Communication Regularly communicate with Middle Office members and frequently engage with both Front Office and Back Office personnel concerning registrations and related matters. External Communication Maintain routine communication with counterparties for updating bank information and engage with software vendors such as World-Check and LexisNexis. Additionally, liaise with solution providers and seek advice from the Saudi Aramco legal team as necessary.

Requirements

Bachelor's degree in business administration, finance, accounting, or a related field.
Solid understanding of regulatory compliance principles and practices.
Proficiency in Microsoft Office suite (Word, Excel, PowerPoint).
0-3 years of experience in a compliance-related role, preferably in the financial or regulatory industry.
Knowledge of relevant laws, regulations, and industry standards.
Experience with compliance monitoring, auditing, and reporting.
Strong analytical and problem-solving skills.
Excellent attention to detail and accuracy.
Effective communication skills, both verbal and written.
Ability to work independently and collaboratively in a team environment.
Strong organizational and time management skills.

Nice To Haves

Familiarity with compliance software and tools.
Understanding of anti-money laundering (AML) and know-your-customer (KYC) regulations.
Familiarity with conducting compliance risk assessments.
Ability to adapt to changing regulatory environments and requirements.
Demonstrated ability to prioritize tasks and meet deadlines consistently.
Experience in providing compliance training and guidance to colleagues.
Knowledge of data privacy and cybersecurity regulations.

Responsibilities

Conduct routine monitoring of internal policies and procedures to ensure compliance.
Assist in reviewing and analyzing external regulations applicable to the organization.
Screen counterparties and vendors to ensure compliance with regulatory requirements.
Assist in conducting compliance audits and assessments.
Provide support in developing and implementing compliance training programs for employees.
Assist in drafting and updating compliance policies and procedures.
Collaborate with other departments to address compliance-related issues and concerns.
Participate in compliance-related meetings and discussions.
Assist in investigating compliance violations or breaches.
Maintain accurate records and documentation related to compliance activities.
Monitor changes in regulatory requirements and update internal stakeholders accordingly.
Assist in preparing compliance reports and presentations for management review.
Ensure compliance with trade regulations, including trade sanctions and export controls, by screening and evaluating trade transactions.
Collaborate with trade compliance officers to develop and implement trade compliance procedures and controls.
Conduct Know Your Customer (KYC) due diligence on counterparties and vendors to mitigate compliance risks related to money laundering and financial crimes.
Perform additional miscellaneous responsibilities as dictated by the business and assigned by the direct manager.