WB KYC team Assistant

Job Description:

In the process of establishing a new business relationship, knowing the customer is of key importance to ING. This is necessary to minimize the possibility of ING becoming a party to money laundering or terrorist financing activities. Customer Due Diligence process, or CDD, basically means carrying out background checks: collecting and monitoring all relevant documents concerning the identity of the customer, as well as gaining insight into their business, ownership structure and financial transactions and processing them into ING systems. Both new and existing customers of ING WB Italy are subject to CDD.

Key Responsibilities:

Support the KYC activities and controls of the WB KYC Team, such as:

• Execution of Name screenings in Vantage and Adverse Media screenings in RDC tool
• Adverse media news analysis
• Verification of information i.e. address, country of residence, segmentation etc. in the system
• Collection of information and documentation (i.e. trade register extracts, annual reports, etc.) from companies websites and/or reliable sources, upload of the documents in the system and proper record retention of the evidence
• Preliminary analysis of the client structure and of high risk countries involvement
• Contribute to the completion of various steps in the CDD process, such as EDD forms, relationship manager approval and senior manager approval forms
• Follow KYC procedures and working instructions

Experience and qualifications:

• University degree
• Awareness in compliance of regulations and internal guidelines

Technical, language and other specialized skills:

• Flexibility and ability to manage priorities and deadlines
• Excellent analytical and data interpretation skills
• Fast learner and capable to work effectively with minimal supervision
• Fluency in English and Italian, both verbal and written
• Good knowledge of MS office package (Word, Excel, Powerpoint)