Kyc Analyst - London, United Kingdom - MARKET TALENT

MARKET TALENT
MARKET TALENT
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Prestigious International banking client based in the West End 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
Private Banking / Wealth / HNW individuals.

You must be able to
read and speak Arabic fluently

_This is a 9- 12 months Fixed Term Contract_


The purpose of this role is to support the Private Banking department in the completion of initial and ongoing Customer Due Diligence responsibilities ensuring compliance with the Bank's Policies and Procedures to defined standards of timeliness and quality.


  • Work with the Relationship Managers and support the onboarding of clients as per the Bank's policies and procedures.
  • Work with the Relationship Managers to review the PB client files on a regular basis as per the Bank's KYC standards.
  • Perform the appropriate due diligence (including Enhanced Due Diligence) on the PB client accounts by obtaining all required information from internal and/or external sources, carrying out media searches using open source websites, company websites, Banker'sAlmanac, Lexis Nexis, and also system screening such as World Check etc.
  • Ensure the PB KYC records, including information from internal and external sources obtained throughout the AML customer life cycle from onboarding to periodic reviews, in the Bank's systems are accurate, thorough and uptodate.
  • Review and validate the information within the Bank's core system to ensure completeness and accuracy.
  • Escalate any discrepancies to the Relationship Manager for agreement on actions required.
  • Meet agreed targets for the PB KYC reviews in terms of timeframe and quality.
  • As part of the Private Banking team, act as the first line of defence for the Bank.
  • Responsible for the accurate execution of Financial Crime Prevention controls in accordance with the Bank's policies and procedures as applicable to the role.
  • Track outstanding queries and issues through to timely resolution.
  • Ensure actions are tracked and monitored to support the delivery of accurate MI.
  • Assist in departmental projects as required.
  • Proactively interact with relationship management team, QA & Control Manager for PB, and Compliance.
  • Being vigilant to unusual or suspicious behaviour by our customers and to report any suspicion to the MLRO.
  • Ensure adherence to the Bank's AML, Financial Crime and Anti-Terrorism policies and procedures.
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