Back to search
Prestigious City based banking entity is seeking high level KYC specialist to join their senior KYC team. We require someone with KYC/ Onboarding/ KYC Refresh who understands screening and is capable of reviewing hits via World check and discount or escalate, as necessary. We need someone who can review documents and update systems rather than a Compliance candidate. The role reviewing lots of documents and data and making sure all is recorded in the system correctly. The ieal candidate will be from a banking environment who have experience reviewing complex ownership structures including funds, Foundations, pension funds. Also understanding of SPV’s
- Permanent - Full Time
- Flexi Hybrid - you choose when you are in office.
- Liverpool street HQ
JOB PURPOSE
To assist with implementing the Customer Due Diligence (CDD) and Ongoing Due Diligence (ODD) framework within the Branch and to contribute towards activities relating to the registration, ongoing review, and maintenance of information during the customer lifecycle. To assist with activities relating to the onboarding of customers originating from three separate business units within the EMEA Division.
KEY RESPONSIBILITIES
- Assisting with the continued enhancements being introduced in relation to the Branch CDD and ODD framework, which comprises customers originating from GBU, GMU and GAS UK.
- Conducting CDD and ODD on bilateral customers, syndicated/bilateral loan borrowers, funds, banks, and other financial institutions according to the appropriate risk assessment, regulatory requirements, and internal rules.
- To engage with Front Office colleagues in relation to CDD and ODD requirements, providing accurate and timely feedback to stakeholders and acting as the first point of contact for GBU / GMU staff on AML issues.
- Monitoring the ODD pipeline and overdue situation, reporting monthly to the Manager.
- Conducting the daily batch upload of customers, directors, shareholders, UBOs, and payees into WorldCheck One and processing hits.
- Reviewing results from daily screening via World Check and Lexis Nexis Bridger.
- Assisting with the ongoing maintenance of the Screening List in K2 Customer Onboarding Portal.
- Conducting ad-hoc due diligence checks on payees and other entities, as necessary.
- To undertake such other duties as requested by the Head of Customer Onboarding.
- To undertake such other duties as requested by the General Manager.
- To contribute as necessary to maintaining procedure manual, ensuring it is continually updated to reflect the AML environment within our Branch.
QUALIFICATIONS AND EXPERIENCE
- 3+ years’ previous experience of customer onboarding and CDD/AML requirements is essential.
- Experience and knowledge of compliance and regulatory requirements and objectives.
- Understanding complex ownership structures based in various jurisdictions, including SPVs, orphan SPVs, Trusts, Funds, Foundations.
- Knowledge of Lexis Nexis Bridger and / or WorldCheck One desirable.
- A good working knowledge of MS Office products (primarily SharePoint).
- Excellent oral and written communication skills, including report / procedure writing and an ability to adapt according to audience.
- Strong organizational skills, self-motivated and responsive to change, ability to work independently
