Senior Consultant _ Know Your Customer (KYC) Process Re-Engineering
Remote
Contracted
Senior Manager/Supervisor
Senior Consultant - Know Your Customer (KYC) Process Re-Engineering
**Job Type:** Independent Contractor**Start Date:** February (Exact date TBD)
**Location:** Remote
Job Overview:
Kaeppel Consulting is seeking a highly skilled Senior Consultant with expertise in Know Your Customer (KYC) processes to join a project starting in February. The consultant will assist a financial institution in re-engineering its KYC processes to enhance compliance, reduce risk, and meet regulatory requirements. This role is pivotal to ensuring the bank adheres to global and U.S. standards for anti-money laundering (AML) and customer due diligence (CDD).Key Responsibilities:
- Analyze and re-engineer the current KYC processes, ensuring alignment with industry standards and regulatory requirements.
- Provide expertise on Customer Identification Programs (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
- Collaborate with the risk and compliance departments to ensure all processes align with:
- - The Financial Action Task Force (FATF) guidelines.
- - The Office of Foreign Assets Control (OFAC) regulations.
- - The U.S. Financial Crimes Enforcement Network (FinCEN) requirements.
- Develop and implement strategies to enhance the bank’s anti-money laundering (AML) compliance programs.
- Conduct in-depth risk assessments and provide recommendations for process improvements.
- Ensure effective onboarding and ongoing monitoring of customers to mitigate risks associated with financial crimes.
Required Qualifications:
- Proven experience in KYC process design and re-engineering within the financial services sector.
- Deep knowledge of anti-money laundering (AML) compliance requirements, including CIP, CDD, and EDD processes.
- Familiarity with global and U.S. regulatory bodies, including FATF, OFAC, and FinCEN.
Certifications (Required):
- Certified Anti-Money Laundering Specialist (CAMS)
- Certified Global Sanctions Specialist Certification (CGSS)
Preferred Skills:
- Strong analytical and problem-solving abilities.
- Ability to work independently and provide strategic recommendations to senior stakeholders.
- Exceptional communication skills to collaborate with cross-functional teams and regulators.
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