Madison-Davis

EXTERNAL CLIENT ROLE

Perform all necessary tasks to ensure all existing corporate and entity accounts are within regulatory guidelines established by Compliance Department procedures
Use online “Cerved” Italian Chamber of Commerce database for control
Scan and report information obtained from World Check, OFAC & negative news and provide disposition on all findings
Conduct research through other information sources such as Dun & Bradstreet and other appropriate/designated sources
Analyze transaction statistics sourced from the bank’s internal banking system (SIRE AS400), totals and volume of account activity
Verify supporting identification documents for signatories found in the Credit/Legal files
Review, update “repaper” existing corporate entities for submission to Account Officer for review and approval for subsequent delivery to the Compliance Department
Send Request for Information (RFI) to Account Officers/or Assistants to obtain current or missing documentation in accordance with the banks procedures
Adhere to/completion of AML/OFAC controls including monitoring for “red flags” and referring to Compliance Department as needed
Provide training to department staff as required
Act as back-up for other functions in the department under the direction of the supervisor