Hello everyone,
I am having some trouble with the NOC code for the PR application.
Currently, I am working as a due diligence officer(analyst) for a large bank with the duties listed below. Unfortunately, there is not a NOC for this job, the closest I got was 1114-Other Financial Officers. Would anyone with proper knowledge be able to advise if this is the correct NOC code? Thank you in advance.
The main responsibilities of a Due Diligence Officer are to:
Requirements
I am having some trouble with the NOC code for the PR application.
Currently, I am working as a due diligence officer(analyst) for a large bank with the duties listed below. Unfortunately, there is not a NOC for this job, the closest I got was 1114-Other Financial Officers. Would anyone with proper knowledge be able to advise if this is the correct NOC code? Thank you in advance.
The main responsibilities of a Due Diligence Officer are to:
- Mitigate integrity risks for the bank by contributing to the risk assessment of (potential) business relationships based on (international) regulations against money laundering and terrorist financing, financial sanctions, and embargoes.
- Work independently on end-to-end KYC due diligence processes, providing expert advice to relevant businesses.
- Collect, analyze, verify and archive legal and Know Your Customer (KYC) documentation, identify Ultimate Beneficial Owners (UBOs) and Politically Exposed Persons (PEPs).
- Review and check (potential) clients on international financial sanctions lists.
- Comply with and follow up on (international) regulatory requirements, such as the Foreign Account Tax Compliance Act (FATCA) and Markets in Financial Instruments Directive (MiFID).
- Communicate independently and professionally with external and internal clients and stakeholders on all KYC related matters.
- Contribute to the implementation and controls for daily processes and assist with the update of procedures.
Requirements
- Bachelor’s/Master’s degree.
- Minimum of one year relevant work experience, preferably in a client-facing position.
- Affinity with the financial sector and basic understanding of due diligence and (international) Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) regulations.
- Excellent communication and interpersonal skills.
- Strong analytical skills and strong risk awareness.
- Team player, independent, hardworking, eager to learn and accurate.
