Justin Montgomery-Wade
Luxembourg
Summary
Financial Services professional with 20+ years experience in Life Assurance companies and Banks, both in the UK and Luxembourg. All roles during this time have been AML/KYC and Due Diligence regulation dependent. A collaborative & empathetic nature has afforded me the opportunity to build solid and lasting relationships with colleagues and previous employers alike. I am currently looking for positions in Insurance (Assurance Vie) & Banking within Luxembourg, with a particular interest in AML/KYC Compliance functions or Client Servicing/Operations, with future development and leadership opportunities.
Overview
24
24
years of professional experience
Work History
Senior AML/KYC Account Opening Officer
European Depositary Bank S.A.
03.2023 - 06.2023
- Requesting and reviewing AML/KYC related onboarding documentation and sensitive client data, including legal documents based on corresponding risk level.
- Evaluating legitimacy of submitted documentation and providing guidance to clients regarding acceptability in line with due diligence framework.
- Reviewing onboarding procedure from the point of view of a newcomer to the Bank, to identify improvement possibilities.
Insurance Specialist
SEB Luxembourg S.A.
01.2022 - 02.2023
- Fixed term contract covering for maternity leave
- Conducting due diligence periodical reviews of Insurance Companies appropriate to risk level, ensuring documentation remained valid and in good order.
- Manage relationships between SEB and several Luxembourg, Ireland and Isle Of Man based Insurance Companies, including Lombard International. Regular collaboration with Lombard PCS Teams and Company Secretary to obtain signatures and due diligence paperwork.
- Providing guidance to all internal stakeholders (Compliance, Private Banking etc) on insurance related matters concerning clients insurance-linked accounts.
- Responsible for all internal insurance related content and communication.
- Monitoring of daily activities related to insurance accounts (transactions, overdrafts, missing documents)
Senior Client Services Associate (Second Spell)
OneLife Company S.A.
03.2020 - 08.2021
- Second contract with OneLife after being invited to re-join
- Performed and organised all tasks within the UK & Nordic back-office book of business including AML/KYC client documentation review, transaction completion (Death Claims, Surrenders, Fund Switches etc) and procedure/process review and enhancement.
- First point of contact for all clients and their representatives on all policy related matters.
Insurance Banking Desk Lead
Nordea Bank S.A.
09.2017 - 08.2019
- Responsibility for complete wind down of Banking Desk in preparation for closure of the bank, due to sale to UBS.
- AML/KYC remediation of several hundred accounts and account holders prior to account closure.
- Termination of management agreement contracts with Insurance Companies in Luxembourg and Isle of Man, in line with CSSF & CAA recommendations.
Homemaker
Stay at home Father
02.2016 - 08.2017
- Spent a very rewarding 18 months with my two children after selling my company.
Owner
Nevislux S.a.r.l.
10.2014 - 12.2015
- The company owned The Tube Bar in Luxembourg City, and operated a private hospitality offering for outside and company corporate events.
- As owner, I was responsible for all aspects of the business including HR admin, payroll, recruitment, staff appraisals (14 staff), banking, book keeping & tax reporting, licensing, and supplier contract negotiation.
Assistant and Acting Department Manager
OneLife Company S.A.
05.2010 - 11.2014
- Joined as Account Officer and was quickly promoted to Assistant Department Manager, and also Acting Department Manager for 12 month period while new Manager was recruited.
- Responsible for sixteen staff over three client servicing teams, which included task allocation, procedure analysis, risk management, audit coordination, and collaboration with Head of Compliance on all AML/KYC performance issues.
- Resigned to start my own company in Luxembourg.
Account Officer (UK & International)
Lombard International S.A.
08.2005 - 03.2010
- Accepting & reviewing new business applications and supporting client documentation to perform first line AML/KYC acceptability checks.
- 2 years spent in Partner Advice Team, acting as first point of contact for clients & partners, providing support and coordination in all stages of their policy lifecycle.
- Provided testing support during migration to new administration system.
Executive Pensions & SIPP Administrator
Standard Life Assurance Co
08.1999 - 07.2005
- Gained first 6 years of operational experience in financial services in various pensions departments.
- Trainer of new staff joining the company
- Member of the "Lean Thinking" project team, tasked with streamlining processes of team across the Client Services Division for all offices in Scotland.
Education
High School Diploma -
Daniel Stewart's & Melville College
Edinburgh, Scotland06.1996
Skills
- Communication
- Initiative & Proactivity
- Problem Solving
- Organisation and Planning
- Analytical outlook
- Flexibility & Dependability
- Open-mindedness
Languages
English
Native language
French
Elementary
A2
References
Renate Scherer
Former MLRO, SEB Luxembourg S.A
renate.scherer@sebgroup.lu
Timeline
Senior AML/KYC Account Opening Officer
European Depositary Bank S.A.
03.2023 - 06.2023
Insurance Specialist
SEB Luxembourg S.A.
01.2022 - 02.2023
Senior Client Services Associate (Second Spell)
OneLife Company S.A.
03.2020 - 08.2021
Insurance Banking Desk Lead
Nordea Bank S.A.
09.2017 - 08.2019
Homemaker
Stay at home Father
02.2016 - 08.2017
Owner
Nevislux S.a.r.l.
10.2014 - 12.2015
Assistant and Acting Department Manager
OneLife Company S.A.
05.2010 - 11.2014
Account Officer (UK & International)
Lombard International S.A.
08.2005 - 03.2010
Executive Pensions & SIPP Administrator
Standard Life Assurance Co
08.1999 - 07.2005
High School Diploma -
Daniel Stewart's & Melville College
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