KYC Analyst - #129902


Date: 1 week ago
City: Manila, Metro Manila
Contract type: Full time
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. Both new and existing customers and business partners are subject to CDD
Reputational risk for ING is at stake. Improper execution of ING Financial Economic Crime (FEC) requirements may lead to serious damage by means of bad press and, more importantly, lawsuits started by other banks or legal actions by regulatory authorities. ING therefore attaches paramount importance to upholding its reputation by observing national and international FEC requirements. The CDD Analyst in this respect often deals with confidential information and has to find a balance between business interests and often gray areas in legal requirements.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Product Manager - Manila, PH

Balsam International, Manila, Metro Manila
13 hours ago
Company Description Balsam Brands is a global, eCommerce retailer with roots in holiday and home décor. We strive for excellence in everything we do and present a unique opportunity for those seeking to have a meaningful impact in a people-first company that values relationship building, authenticity, and doing the right thing. We have steadily growing teams in Boise, the Bay...

Accounting and Tax Lead Officer

TMF Group, Manila, Metro Manila
13 hours ago
Job no: 567406 Work type: Full time Location: Manila, Philippines Categories: Client Payroll Office Location: Manila We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested...

Digital Marketing Specialist

CV (Christian Vision), Manila, Metro Manila
2 days ago
Job Title: Digital Marketing Specialist Contract: Full-time Reporting to: Country Manager Location: Manila, Philippines Submission date: 15 April 2024 Who We Are Christian Vision (CV) is a global Christian charity with evangelism at our heart. Founded in 1988 by Lord Robert Edmiston, CV’s strong desire is to serve and equip Christians, and the local church, in their evangelistic endeavours. To...