KYC Analyst
Summary
The KYC team ("CORI/CCG/KYC") is the team responsible within the Client Credit Group for the analysis and management of files for SGCIB London branch for both the take on of new clients and the review of existing clients with the aim of ensuring that the Bank meets all of its legal and regulatory responsibilities and obligations in connection with all KYC matters.
The main task of the team is to ensure that the KYC files progress through the correct approval chain in the optimal manner and are processed efficiently and in a readily identifiable manner once sanctioned.
Main responsibilities
*Production of a risk based analysis of the prospective (or existing) client with a view to forming an opinion as to the suitability from a KYC perspective of individual clients to conduct business with SGCIB;
*Ensure that the statutory and mandatory information provided by the FO in connection with the "take-on" of new clients is relevant, complete and fit for purpose;
*Application of a suitable categorization for all clients according to current guidelines and standards;
*Provision of guidance to the FO in respect of the KYC requirements of SGCIB London branch;
*Preparation and issue of supplementary documentation as and when required;
*Carry out appropriate due diligence checks and information searches in line with the internal standards for client take on and undertake additional reputation checks and diligences as and when necessary; and
*For complex transactions, analysis of the role of associated parties to the transaction and identification of potential regulatory and reputation risks in liaison with the relevant Business Line.
Degree of autonomy
*A KYC Analyst has a degree of autonomy in relation to the collation of data, the presentation of a file for review and recommendations as to the category awarded to client and way forward.
Internal and/or external contacts
*Primary internal contacts are the UK CSU and CMU teams, individual business lines based in London and abroad, the Compliance Group and the Group Legal in London and other KYC units around the world;
*External contacts are limited.
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