Investment Banking Jobs In Germany | Merck Finck Bank
Merck Finck Bank announced on its official Linkedin page a vacancy
KYC Officer
Merck Finck Bank speaks for itself
- For more than 150 years we have been supporting complex assets of private customers, medium-sized companies and institutions such as churches and foundations.
- From 15 locations, we offer these customers a wide range of superior private banking and asset management services – from strategic asset planning and asset management to advice on asset and company succession and foundation advice.
- Merck Finck is part of the private banking group Quintet Private Bank. With local banks at around 50 locations in seven European countries, Quintet Private Bank is one of the largest private banking groups in Europe.
- Our range of services:
- Strategic wealth planning
- Wealth management and advice
- real estate advice
- alternative investments
- Financing
- insurance brokerage
- Foundation advice
Job Purpose
- An essential part of the job of the candidate (m/f/d), will be the technical support of colleagues from the front office with regard to KYC-relevant topics and questions.
Job Responsibilities
- Carrying out reviews of newly submitted customer relationships (onboarding management) and existing customer relationships (CFR) with regard to legally required documents, documentation and internal requirements.
- Conducting KYC/KYT, Source of Wealth and Source of Fund checks.
- Documentation of customer information, including web research and adverse media screenings.
- Control of existing and new customer documents (contracts, WpHG sheets, FATCA, CRS, identification documents, etc.) including completeness, data and plausibility check.
- Obtaining, requesting and monitoring supplementary documentation/documents.
- Support of the front office (consultants/assistants) with regard to legally relevant issues, both as part of the onboarding process and for periodic reviews.
- Support in the preparation of customer documents and participation in customer appointments in complex constellations.
- Creation of practicable work templates and summaries.
- Point of contact to internal departments such as compliance, the legal department, internal/external auditors, data protection, cross-border, business support, risk.
- Participation, organization and documentation of the Client Acceptance Committee.
- Processing of garnishments and other locks / disposition-relevant constellations.
- Support of compliance functions with reviews and implementation of AML risk scoring.
- Support and independent implementation of legal changes, accompany projects and comply with group standards.
- Documentation of KPIs / KRIs and data collection in the core banking system.
Qualifications
- Bank apprenticeship (m/f/d)
- Basic knowledge and experience in the area of regulatory requirements (reports/queries BZSt, account evidence center, MiFID, etc.)
- At least 3-5 years of experience in handling onboardings or client file reviews (KYC/KYT) in the financial sector
- Gladly a basic legal education / relevant experience
- Experience in the implementation / support in the introduction of projects or innovations (including regulatory relevant innovations)
- Ability to work in an international group with different regulations and cultures
- High flexibility, commitment and resilience
- Efficient way of working, even on topics with tight time requirements (deadlines)
- Distinctive and profound ability to work in a team
- Proactive and independent way of working
- High integrity
- Professional quality standards
- Strong communication skills
- Very good knowledge of MS Office tools
- Extensive experience in the use of core banking systems and supplementary banking software
- Very good knowledge of using KYC-supporting tools such as World-Check (Refinitiv) or comparable
- a basic understanding of digital processes
- Very good knowledge of German and English required
- Knowledge of French desirable