Handles/Reviews subscription documents/redemption notices and transfer requests received from investors.
Performs/reviews Know Your Client (KYC) and Anti-Money Laundering (AML) procedures in accordance with the Firm's policies and the jurisdiction of the fund
Ensures that the potential investor is not considered high risk by checking the US Office of Foreign Assets Control (OFAC) List;
Ensures that the potential investor does not have any financial crime by running the World Check software;
Discusses the results with the Firm's Compliance Officer and communicates directly with investors and investment managers;
Thoroughly reviews related reports to ensure accurate and timely submission of FATCA requirements;
Conducts training on AML, KYC, CRS, FATCA and related regulatory and Firm policies and procedures;
Comply with regulatory requirements, company and group policies; maintain compliance awareness.
Escalate issues to the Risk Management Head and provide risk evaluation if need be;
Conducts audits of policy and compliance to standards with internal and external auditors;
Directly deals with investment managers, custodians, lawyers, auditors and investors;
Reviews the redemption notices and ensures that the redemption is within the terms of the limited partnership agreements and approved by the investment management/general partner;
Perform a verbal confirmation for any redemption notices received verifying the amount, date of redemption and wiring instructions;
Coordinates with the Fund Administration Team and Treasury Team for any new monies or redemption notices received;
Identifies opportunities to improve processes within the Investor Relations department;
Ensures tasks and any pending matters from investors are being monitored regularly to ensure outstanding work and timely turnaround;
Writes or amends procedure manuals where applicable;
Oversees completion of ad hoc projects within the team
For Cash Management, reviews all cash disbursement received from the Fund Administration or from the fund managers;
Coordinates any payments scheduled to be made with the respective Director of the Fund Administration Team to ensure that payments are valid and amounts are accurate;
Reviews the wires entered by the team and ensures that the information on the wires are the same with the wiring instructions received.
Job Specifications:
Graduate of any Business-related courses;
5 or more years experience and knowledge in AML/KYC with Fund Services (Review of AML documents and requirements / World Check Screening/strong knowledgeable of Risk Based Approach Methodology);
Strong Leadership and Communication skills;
Provide performance feedback and be able to continuously evaluate resources needed by the team;
Keen to details and strong critical thinking analysis.
Able to work in a fast-paced environment, with high volume of work;
Strong interpersonal skills with exemplary work ethic and behavior;
