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  #435 (permalink)  
Old 18-08-2016, 03:18 PM
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Originally Posted by Unregistered View Post
KYC (Onboarding/Periodic Reivew) roles in smaller banks are parked under compliance while in big banks it will be under middle office/business support. Any comments, anyone?
KYC i.e. client due diligence, is generally an operational role which usually isn't parked under the Operations arm of most banks. Some banks park it under MO, a few banks park it under Compliance. End of the day, doesn't really matter. All that matters is which bonus pool the KYC team falls under.
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