Context of the job ABN AMRO Asset Based Finance, N.V., located in Utrecht and Den Bosch (the Netherlands), is internationally cross border organised and has operating companies in Germany, Belgium, France, the United Kingdom and the Netherlands. ABF is designed as a specialised business company within ABN AMRO. In the UK, the company consists of about 190 FTEs. In the UK, ABF is positioned between the high street banks and the independents, with the balance sheet and structuring capabilities of a high street bank and the flexibility of an independent. ABF's market share in UK is just over 2%, with the ambition to grow to 5%. ABF provides Leasing and Commercial Finance/Asset Based Lending solutions to customers in all segments: SME, corporates and large corporates including international clients. In the Netherlands this is mainly to ABN AMRO clients, in other countries this is mainly to non ABN AMRO clients. In the smaller end of the segments, the focus in on having a digital offering, with standardised and harmonised products and processes. In the larger segments, the focus is on a coverage model, with a modular product offering that allows for bespoke solutions.
Department information The Commercial Department CF consists of Sales (Business Development Managers), Relationship Management, Asset Management and Commercial Support. The Sales team is responsible for new business development, predominantly via introducers. The Relationship Managers nurture the relationship with existing customers and support the Sales team on new transactions. The Asset Managers are responsible for monitoring the assets in the facilities with customers. The Commercial Support team supports both the Sales team and the Relationship Managers. The Commercial Department is also responsible for KYC activities.
Purpose of the job The program Reliable & Responsible Banking (RRB) of ABN AMRO Asset Based Finance (ABF) foresees in the project governance of implementing the Client Acceptance and Anti Money Laundering Policy of ABN AMRO (CAAML). The policy to fulfill the internal guidelines to meet regulatory requirements on terrorist financing (TF) and anti-money laundering (AML). The program gives ABN AMRO Corporate Banking the opportunity to meet current and future regulatory guidelines in the field of client acceptance, maintaining quality of client records, client exit and reconstruction.
Assist and deliver any KYC/CAAML related targets
Responsible for the completion of all Risk Acceptance Forms and process management for Know your client / business approval process
Alert handling within our Automated KYC systems
Key point of contact for KYC and CAAML related questions
Knowledge and Experience Required level and content of education: N/A Required employment experience / skills:
1+ years of experience working in a similar role is desirable but not essential.
Experience of working in Financial
Services is desirable but not essential
Experience in the execution of KYC processes is desirable