Kyc Analyst - City of London, United Kingdom - MARKET TALENT

MARKET TALENT
MARKET TALENT
Verified Company
City of London, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description
Prestigious International banking client based in the City is seeking Private Banking KYC expert to join their existing team. You will be part of the banks Client On-boarding team. Please make it clear in your CV if you have worked specifically in PrivateBanking / Wealth / HNW individuals.


The role of the Client On-boarding, KYC/DD is to ensure the bank is compliant with all relevant UK regulation, London Branch and Group Anti-Financial Crime policies.

All new client relationships for London are processed within the team and its performancehas a direct impact on the businesses ability to realise revenue opportunities.

Consequently, the position involves a high degree of contact with front office stakeholders.

The documentation for our new and existing client relationships will require reviewby the team and any subsequent updates of KYC/CDD/EDD profiles and supporting due diligence checks will be need to be carried out within the agreed TAT/SLA.


Overview

  • Initially there will be a certain amount of project work involved with this position, particularly around initiating the process of periodic reviews and updating static data and management information.
  • Review of Client Static Data ensuring details are updated as applicable and relevant, as part of ongoing maintenance and client review.

Key responsibilities:


  • New client onboarding including:_
  • Full KYC information and supporting documentation including screening of names and associated parties;
  • Opening of new accounts on Intellect (and other applicable systems) and other static data requirements within the core Banking system.
  • Periodic reviews of existing clients, including:_
  • Annual reviews of High/PEP client relationships and any subsequent updates of KYC/CDD/EDD profiles and supporting due diligence checks including screening of names and associated parties;
  • Reviews of medium clients as above but every 2 years, low risk clients every 3 years.
  • Review of client static data, including:_
  • Ongoing management and maintenance of client data standards;
  • Completing/updating PEP Register;
  • Completing/updating Connected Parties Register
  • Central scanning of client files onto our EDMS solution.
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