Senior Associate, Financial Institutions Group

About the role

SGB is looking for a Senior Associate in its Financial Institutions Group to manage and streamline the Request for Information (RFI) process for its correspondent banking network. The role acts as the bridge between SGB and its global banking partners, handling bilateral inquiries, compliance questionnaires and due diligence requests accurately, comprehensively and efficiently. It requires deep expertise in correspondent banking operations, AML regulations and compliance frameworks.

Key responsibilities

• Serve as the main point of contact for incoming RFIs and compliance questionnaires from correspondent banks and financial institutions.
• Work with Compliance to review and maintain the Wolfsberg Group Correspondent Banking Due Diligence Questionnaires (CBDDQ).
• Draft, review and assemble response packages to RFIs and compliance queries.
• Manage the periodic refresh of correspondent banking KYC/KYB files so that active nostro accounts remain unaffected.
• Maintain a central repository of standard RFI responses, institutional documentation and compliance policies.
• Review and interpret complex compliance inquiries, collaborate with central AML/Compliance teams, and escalate compliance risks to senior management and the Chief Compliance Officer.
• Liaise with relationship managers at partner banks, negotiate submission deadlines, and work with Legal, Risk, Operations and Compliance on complex submissions.
• Represent the FIG team in compliance meetings, audits and calls with correspondent banks.

Required profile

• Bachelor's degree in Business Administration, Finance, Economics or a related field.
• Minimum of 4-7 years of experience in banking or financial services, including at least 3 years in correspondent banking, RFI management or FIG compliance.
• Proven experience completing, interpreting and managing the Wolfsberg CBDDQ and similar compliance inquiries.
• Deep knowledge of AML, CTF, KYC and sanctions compliance for cross-border payments.
• Experience networking with relationship managers and internal stakeholders.
• Strong analytical, organisational and communication skills; proficiency with banking compliance screening tools, KYC/KYB file management and database repositories.
• CAMS or CGSS certification highly desirable.