Kyc Officer - Ipswich, United Kingdom - The Registered Office (UK) Ltd / MYCO Works

Description

MYCO Works are actively seeking a competent KYC Officer to join our newly established Compliance Team in our Ipswich town centre location.

MYCO Works is a UK-based, behind-the-scenes B2B service provider, specialising in affordable Registered Office Address, Director Service Address, Virtual Business Address, Company Formations, Ready Made Companies, Meeting Space and Telephone Answering services, with cost-effective packages and customer service at its core.

Established in 2014, we have quickly and consistently grown from one office in Ipswich to five offices in the UK in Ipswich, London, and Edinburgh.

Our client base is diverse, with companies from all over the world using the security of a UK company address to trade both nationally and internationally.

As a KYC Officer you will play a crucial role in ensuring compliance with regulatory requirements and mitigating risks associated with money laundering and financial crime.

You will be responsible for conducting thorough due diligence checks on new and existing clients to verify their identities and assess the level of risk they pose to the company.

• Conducting KYC CDD (Know Your Customer/Customer Due Diligence) reviews in accordance with regulatory guidelines and internal policies.
• Performing enhanced due diligence on highrisk clients and conducting ongoing monitoring of client accounts.
• Reviewing and analysing customer documentation, including identification, proof of address, and business documentation.
• Identifying and escalating suspicious activity or potential money laundering risks
• Collaborating with internally with other departments/levels of management to ensure effective communication and resolution of KYCrelated issues.
• Keeping abreast of regulatory developments and industry best practices to ensure compliance standards are maintained.
• Office Ad Hoc duties

• Preferable understanding of UK regulatory requirements, including AML (Anti-Money Laundering regulations)
• Excellent attention to detail and analytical skills, with the ability to interpret complex documentation and identify discrepancies.
• Effective communication skills, with the ability to interact confidently with clients and the leadership team.
• Proactive approach to problemsolving and ability to work independently as well as part of a team.
• Previous experience in KYC or compliance is preferred and will be beneficial.

• Quarterly target bonus >10% of your annual salary paid quarterly.
• Regular team incentives
• Ongoing training and development opportunities
• Company pension

• Bereavement leave
• Casual dress
• Company events
• Company pension
• Cycle to work scheme
• Transport links

• Monday to Friday
• No weekends

• Bonus scheme
• Quarterly bonus
• Yearly bonus

• Diploma of Higher Education (preferred)