KYC Signatory

KYC Signatory

Background on what ING is about (Generic ING background):

ING Hubs Philippines (ING Hubs PH) is an international part of the ING organization delivering services to many Business Units across the world for both Wholesale Banking and Retail Banking activities. Working for ING Hubs PH means working with the most diverse workforce and where no challenge is the same.

At ING our purpose is to empower people to stay a step ahead in life and business. We believe that sustainable progress is driven by people with the imagination and determination to make a better future for themselves and those around them.

ING is changing what banking is. For you, that means plenty of opportunities for personal growth in a continuously evolving environment. If this is the environment you thrive in, then apply and join us in changing the future of banking!

Job Overview

We are looking for a talented and enthusiastic KYC Signatory/SME to join our KYC Team of Wholesale Banking

The responsibility of this team is to ensure that KYC for periodic review and onboarding clients is completed on time.  Our way of working requires organization skills, proactivity, and attention to detail.

You will fulfill a wide range of tasks and roles, such as a signatory, ensuring consistent risk-based decisions. You will have the ability to lead the way on subject matter-related issues. You will work closely together with both internal and external parties/ stakeholders, and you will be an experienced sparring partner on operational level. You will be able to pro-actively start improvement initiatives and take on responsibility. You will be a role model in the cooperation with ING colleagues across countries, collaborate to & enhance team agility and use operational information to get alignment in your team.

Key responsibilities:

As a KYC Signatory/SME you will:

• Perform non-financial risk assessment of clients.
• Identify the type of business relations/activities that a client is likely to engage in and determine whether these relations/activities are suspicious and could expose the bank to potential economic loss or reputation or other risks.
• Determine whether these relations/activities are suspicious and expose the bank to potential economic loss or reputation risk.
• Act as first point of escalation for KYC Analysts in the course of the KYC life cycle
• Positively contribute to ensure that Local Unit’ CDD production meets the quality standards required by the Group
• Liaise with internal stakeholders (FO, SM, MLRO) to ensure efficient and timely approvals, in line with market demands.

Key Capabilities/Experience

• We are looking for people who can use their analytical power to help decide with whom ING should do business or not. You will be part of a small team of 10-12 people which is part of a rapidly growing Wholesale Banking Customer Due Diligence (WB (Wholesale Banking) CDD) department, all ensuring that ING offers services and products only to ethical companies.
• Strong organizational, planning and time management skills as well as analytical skills
• Fluent in English, both verbal and written (additional language is a bonus, but not required)
• holds a bachelor's or master's degree Economy, Banking, Finance (preferred)
• has relevant work experience on experienced/specialist level (min. 3 – 4 years) in CDD (Customer Due Diligence) AML (Anti Money Laundering)
• is a gatekeeper of the international financial system and protecting banks against financial crime and fraud.
• has exceptional organizational, planning and time management skills.
• Can give constructive feedback to other colleagues to advise and improve further analyses.
• has ability to make final decision on Customer’s Risk Assessment, based on complex data analyses and according to WPI and Guidance
• focuses on delivery with attention to detail and in a timely manner.
• proactive attitude and professional growth, quality improvement, can do attitude and problem solver.
• can recognize vital information and make connections - analytical thinking and ability to create a complete picture of client profile - comprehensive approach to risk analyses.
• is flexible and ready to work in a changing environment.
• is fluent in English (additional language is a bonus, but not required)
• Consistently achieve results, even under difficult circumstances and an ability to prioritize and focus on delivery on time with attention to detail
• Recognize important information, ability to research and make connections
• Working knowledge with Vantage is a plus
• Wholesale Banking experience (at least 5 years a plus)