KYC / Subject Matter Expert - Associate at ING

KYC Americas | Financial Crime & Fraud Prevention | Subject Matter Expert – Associate | New York

About ING: 

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. 

 
When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

We are seeking a highly experienced Know Your Customer (KYC) Subject Matter Expert (SME) with a strong background in Quality Assurance (QA). As the Subject Matter Expert, you will work closely together with your KYC colleagues, both at a local and global level. The role is critical to enhancing our QA process and maintaining Customer Due Diligence (CDD) procedures.

About the department:

The KYC Team coordinates all KYC activities across different ING business sectors, both with clients and internal stakeholders. The team is crucial in the onboarding of new clients and plays a key role in managing the KYC risk of the current client portfolio.

Responsibilities :

• Conduct Quality Assurance (QA) reviews of Customer Due Diligence (CDD) profiles based on in-depth knowledge of ING’s Financial Economic Crime (FEC) policy.
• Prepare reports on Know Your Customer (KYC) Quality Assurance activities, trends, and findings.
• Serve as Subject Matter Expert (SME) for the CDD process including Environmental and Social Risk Assessment (ESR), Foreign Account Tax Compliance Act (FATCA) And Common Reporting Standard (CRS).
• Assist with developing and maintaining KYC Working Place Instructions (WPI).
• Deliver Know Your Customer trainings to new hires and knowledge sharing sessions to existing staff.
• Provide coaching and feedback to team members to enhance their knowledge of the KYC requirements.

Qualifications and Competencies

• Bachelor’s Degree or equivalent
• 5+ years’ experience within KYC/AML or Compliance domain. In-depth knowledge of ING’s KYC policy and corresponding WPI’s is a strong asset.
• Strong understating of regulatory requirements (FinCEN, OFAC and European AML legislation)
• Previous experience in a subject matter role/advisory role
• Excellent attention to detail and organizational skills
• Competency with Microsoft Office Suite; advanced skills are beneficial
• ACAMS certification preferred

Base Salary Range: $110K - $140K

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with working from home, commuting, and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.