Finance Analyst - Level 1 - Hourly
- Recruiter
- eTeam Inc.
- Location
- Montreal, Quebec, Canada
- Salary
- USD 28.00 - 30.76 per hour
- Posted
- 26 May 2023
- Closes
- 08 Jun 2023
- Ref
- 23-94757
- Job role
- Financial analyst, Forensic accountant
- Sector
- Accounting - Public practice
Job Description
Job title: - Due Diligence Officer
Duration: - 07 Months
Main Responsibilities
Job title: - Due Diligence Officer
Duration: - 07 Months
Main Responsibilities
- Understand the principles and be familiar with CIB products
- Aware of various types of trading entities - limited, private and public companies, holding companies, hedge funds, asset managers, special purpose vehicle's, trust's etc
- Complete KYC forms for compliance purposes, including the following:
- Conduct research on legal entities in the Bank's systems as well as in official government records and other public websites
- Conduct basic corporate financial research.
- Conduct research on the economic activities of legal entities using available internal documents, such as credit proposals, or on public websites (sector/industry type, products, services sold, localization of main suppliers, main clients and operation locations);
- Evaluate client sensitivity according to a predetermined grid and instructions.
- Communicate with clients, as needed, to gather information on beneficial ownership or on any other missing documents.
- Notify the compliance/financial security department if a client's identity or documents appear fraudulent or suspicious.
- Monitor problematic situations.
- Verify the compliance monitoring process: have relationship managers and the business-line head sign and review the KYC form.
- Help with process implementation and verification and participate in procedure updates.
- Complete the form in compliance with the Bank's internal and external regulations within set timelines.
- Take part in different projects under the supervision of the Head of Due Diligence.
- Bachelor's in administration or business and expertise relevant to the main duties described above.
- 1-2 years' experience.
- Theoretical or general knowledge of banking products and legal documentation in the banking sector.
- Knowledge of banking sector compliance rules.
- Good understanding of legal business structures to determine a legal entity's final beneficiaries.
- Multi-lingual: English, French. Some roles require Spanish and/or Portuguese
- Good knowledge of IT tools and software.