Know Your Customer (KYC) Analyst
A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
Overview
In accordance with Anti-Money Laundering and Combating the Financing of Terrorism (AML / CFT) requirements, financial institutions such as Deutsche Bank, are obliged to perform Know Your Client (KYC) checks on all potential clients and related parties at the client on-boarding stage and on an ongoing basis for all existing clients. These checks and reviews are made in strict accordance with requirements defined by the regulators and Deutsche Bank’s internal policy on client adoption. Deutsche Bank has a bespoke workflow tool to support this process.
The successful candidate will ensure accuracy of Customer Due Diligence files from the KYC / Client Onboarding (COB) / Review teams of Deutsche Bank and provide guidance and feedback in order to improve accuracy.
Key Responsibilities
Your key responsibilities will include -
- Build and maintain effective relationships with the KYC / COB / Review teams.
- Suggesting and implementing new efficiencies in the on-boarding process.
- Managing and vetting all Deutsche Bank’s onboarding AML escalations covering range of different client types including; small, medium, large private and public companies as well as more complex structures such as; Co-operatives, Foundations and Funds, Governments, Joint Ventures.
- Actively maintain and monitor the Management Information Systems (MIS) reports for files submitted for KYC.
- Monitoring quality and identifying training gaps with a view to delivering ad hoc KYC / AML refresher training.
- Providing support to KYC / COB / Review teams with regard to KYC queries, Markets in Financial Instruments Directive (MiFID), client setup, documentation and where necessary design a standard procedure to avoid further issues.
- Act as escalation point and provide support for KYC / COB / Review, AML compliance and other key stake holders on the quality assurance process.
Candidate requirements
You will have:
- Experience within a Client Onboarding team in an investment banking environment, a compliance department, or within a similar Operations KYC function.
- Strong KYC (onboarding) knowledge within an approval role or compliance function.
- AML/ KYC related qualification beneficial but not a must.
You will be:
- Able to work under pressure and within tight deadlines.
- Confident and determined.
- Able to work unsupervised.
- Presentable and articulate with good communication skills.
- Resilient, determined and hardworking.
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.
Please note that for the duration of this assignment you will be working as an external resource engaged by Resource Solutions based on site at Deutsche Bank.
Leave a Reply
You must be logged in to post a comment.