Our client, active in Corporate Banking, is looking for a KYC Analyst to join its international team. The KYC Analyst is responsible for identifying and mitigating financial crime and sanctions risks associated with onboarding new clients and conducting periodic due diligence on existing clients. The job includes ensuring client information is registered accurately, conducting anti-bribery and corruption checks, keeping KYC data up to date, analyzing FO submissions, participating in on-the-job training, and contributing to departmental performance improvements. The ideal candidate will have a Master's degree, excellent knowledge of English, analytical thinking skills, understanding of regulatory frameworks associated with financial crime, and previous experience working in a financial institution. Strong communication and collaboration skills are also required.
- To act within the first line of defence, in the three lines of defence model. The role is designed to protect the Bank by identifying Financial Crime and Sanctions risks associated with the onboarding of new clients into the Bank, and conducting periodic due diligence on all existing clients, using a risk based approach;
- To ensure that the client information registered in both EIC and the KYC system are consistent and have been correctly completed;
- To escalate and formally report any client, or client activity which appears to expose the Bank to any Sanction or Financial Crime risks to the CPD second line for advice/guidance, submitting a SAR where necessary;
- To conduct Anti-Bribery and Corruption checks on third parties in line with the Bank’s policies and procedures;
- To ensure that KYC data is kept up to date by processing Updates, Event Driven Reviews (EDR) and Intermediary Negative News screenings;
- Analyse FO submissions via EIC and ACCORD for new client onboarding or client periodic reviews, updates or amendments, ensuring adherence to the CPD AML/CTF Standards, regulatory guidance and internal policies.
- Where required participate in the on the job training of new staff to the team, ensuring that they obtain a full understanding of the systems used as part of their role and the policies and procedures to be followed;
- Participate as directed in the remediation of files identified as requiring additional work by the Compliance Monitoring reviews, ensuring that the remediation is fully completed within the allowed timescale and any issues are escalated as soon as identified;
- Attend meetings with the Front Office teams as required, providing help and guidance in relation to KYC matters and where necessary working within the Front Office teams for short periods to assist RM’s in the use of the systems or the completion of their tasks within the Periodic review process;
- Proactively contribute to improved Departmental performance, by identifying weaknesses/inefficiency in systems, workflow and processes, suggesting enhancements and quantify the efficiency gains, be that from a financial perspective, or from a customer experience/security aspect;
- To participate in any ongoing projects as directed and required. This includes system development testing and implementation.
- Master's degree;
- Excellent knowledge of English;
- Analytical thinking and initiative-taking;
- Good understanding of the regulatory framework associated with Financial Crime/Sanctions/AML and to keep abreast of the changes to this;
- Previous experience of working within a team in a financial institution would be a benefit;
- Externally recognised qualifications in relation to AML and Customer Due Diligence are desirable, but not a prerequisite;
- The role requires excellent communication skills both written and verbal and the ability to communicate complex issues and regulatory requirements to all levels of the organisation;
- Ability to collaborate and work within a team, supporting others to ensure the overall team objectives are achieved.
- Attractive salary package;
Hi, I'm Maud Liot,
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