KYC Due Diligence Analyst - Financial Services

KYC Due Diligence Analyst - Financial Services

Our client, a leading organization in finance, technology and financial news sector, is looking for diligent, highly motivated and talented KYC Due Diligence Analyst to join a dynamic and thriving Know Your Customer (KYC) team and function. This is an exciting opportunity to contribute to their thriving KYC function and play a pivotal role in the on-boarding and maintenance of corporate and professional clients. This a temporary contract until end of 2025 with an immediate start date. This role is based in the City of London and the candidates are expected to be onsite 4 days per week and can work 1 day remotely.

The role will focus on conducting periodic review of existing clients in an efficient and timely manner, analyzing corporate structures to ensure compliance, and performing risk assessments. The role also involves identifying and escalating AML concerns, managing business partner expectations, and responding to client inquiries.

The ideal candidate should have a deep understanding of the front-to-end customer due diligence process using risk-based approach and be well versed with legal entity types across different jurisdictions. The candidate should demonstrate strong competent knowledge of current UK and EU regulatory requirements and relevant financial industry know-how concerning the Customer Due Diligence and AML standards.

Applicants should have extremely good communication skills, the ability to meet strict deadlines, attention to detail and maintain focus and motivation while working in a fast-paced environment.

Key responsibilities:

• Conduct periodic review in an efficient and timely manner
• Analyse corporate structures and validate documentation to ensure compliance with internal procedures
• Accurately risk assess existing clients, resolving appropriate issues where required
• Identify potential AML concerns and escalate to appropriate senior management during the review process
• Manage multiple expectations of business partners and front office sales teams
• Respond to client enquiries, assisting on client calls when necessary
• Perform Politically Exposed Person (PEP), Sanction and Adverse Media screening by LexisNexis and analyse the results to eliminate or confirm matches
• Perform client static data updates within the internal systems
• Engage with different internal stakeholders for smooth review of clients or other compliance related approvals
• Engage directly with clients and assist with client queries

Requirements:

Must have:

• At least 3-5 years of experience in KYC/AML
• Knowledge of standard AML requirements including JMLSG and Money Laundering Regulations
• Experience of analysing complex company legal structures
• Understanding of risk assessment matrix
• Experience of conducting client categorisation using the FCA Handbook or MiFID classification
• Experience with PEPs, Sanctions and Adverse Media screening
• The ability to meet strict deadlines / set targets
• Dedication to resolve pending queries or concerns in a timely manner
• Strong communication and interpersonal skills
• Great attention to detail

Good to have:

• Experience of reviewing a variety of legal entity types from across the globe
• Familiarity with MiFID Client Categorisation process
• Experience of CDD Quality Assurance
• Experience in implementation of new KYC processes
• In-House Financial Services experience
• Advanced Microsoft Excel skills
• A motivated individual who thrives in a dynamic, open-plan environment
• Knowledge of foreign languages would be a plus but not a requirement

We are an equal opportunities employer and welcome applicants from all sections of the community, regardless of age, sex, gender (or gender identity), ethnicity, disability, sexual orientation, and transgender status.

Unfortunately, we are only able to contact applicants who are successful to interview stage.