FAQs
What are the main responsibilities of the KYC Central Support role?
The main responsibilities include creating and updating client files to global standards, collecting and monitoring relevant documents concerning customer identity, gaining insight into the customer's business and financial transactions, and executing client due diligence in accordance with ING standards.
What type of documents will I be collecting in this role?
You will be collecting documents related to customer identity, such as identification proofs, and documents that provide insight into their business, ownership structure, and financial transactions.
Is there a sign-off process involved in this role?
Yes, if relevant, you will ensure the sign-off and assessment of a client file as a Know Your Customer Operations signatory, in line with relevant policy and procedures.
What does KYC stand for?
KYC stands for Know Your Customer, which refers to the process of a business verifying the identity of its clients to prevent fraud and ensure compliance with regulatory requirements.
What standards are used for client files?
Client files must be created and updated to global standards set by ING to ensure consistency, compliance, and security in client due diligence processes.
What skills are important for this position?
Important skills for this position include attention to detail, analytical thinking, knowledge of regulatory requirements, and the ability to assess and interpret business structures and financial information.
Will I be working with a team or independently?
The KYC Central Support role typically involves collaboration with teams to ensure compliance and thorough documentation, while also requiring independent work to analyze and process client files.
How does this role contribute to customer protection?
This role protects ING and its customers through the execution of client due diligence, helping to identify risks and ensuring that all regulatory requirements are met to prevent fraud and financial crimes.