KYC Analyst Financial Crime
General responsibilities
- Ensure the Firm’s compliance with applicable Financial Crime legislation and regulations and internal policies;
- Join the dedicated Compliance Financial Crime Quality Assurance Project Team that focuses that quality checks all existing low; medium and high risk clients from a rolling review perspective;
- Actively promote and raise awareness of the Financial Crime function within the firm;
- Be involved in compiling and providing management information.
Client Due Diligence
- Work with the Client Account Review team in Operations to ensure that existing clients are identified and verified in line with the firm’s customer identification programme and that any other financial crime red flags are identified and mitigated or escalated as appropriate;
- Provide feedback to the Client Account Review team which includes an assessment of the quality of information provided by the Client Account Approval Analyst;
- Assess the need for process/procedural changes and escalate to the Head of Financial Crime Quality Assurance;
- Assist in the implementation of new policies and procedures as appropriate;
- Provide guidance and coaching to the Client Account Review team;
- Communicate with the Financial Crime Team’s management where relevant reputational, regulatory or legal concerns have been identified;
- Liaise with the business to obtain approval/ feedback on existing relationships clearly articulating what; if any, risks are present and how, if possible, these have been mitigated.
Qualifications
- KYC experience covering a wide range of entity types and jurisdictions;
- Strong regulatory knowledge including JMLSG Guidance; Money Laundering Regulations and OFAC and HM Treasury sanctions
- Strong time management, organizational, planning and follow-up skills; ability to multi-task effectively
- Strong interpersonal and verbal communications skills;
- Excellent attention to detail.
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