Location
London
Business Area
Legal, Compliance, and Risk
Ref #
10047649
Description & Requirements
The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen.
Bloomberg's Legal & Compliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex issues that come with being the world's leading financial news and information company. Our team is made up of talented and hardworking legal and compliance professionals who think creatively and work collaboratively in an open environment to deliver results, drive innovation, and solve difficult problems. We are committed to a workplace where all of our employees can thrive regardless of background, and where everyone feels empowered to make an impact. We also recognize the importance of giving back to our communities as evidenced by our award-winning pro bono program!
The Global Compliance team within Bloomberg's Legal Department provides coverage of Bloomberg's regulated entities and products including support for Bloomberg's non-regulated products and services. We work to address regulatory issues, ensure compliance with current/developing rules and regulations, and correspond with regulators. Bloomberg has regulated activities that include trading venues (e.g., UK Multilateral Trading Facility, US Swap Execution Facility), MIFID II benchmark activities, a US Broker-Dealer, and other regulated offerings globally.
The Role :
Based in London, this is a great opportunity to join a dynamic and thriving Know Your Customer (KYC) team and function. The Know Your Customer Due Diligence Analyst will be focused on conducting periodic review of existing clients. You will 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. We would love our KYC Analyst to 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.
We'll trust you to:
- 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
You'll Need to 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
We'd Love to See:
- 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
* Please note we use years of experience as a guide, but we certainly will consider applications from you if you are able to demonstrate the skills necessary for the role
Does this sound like you?
Apply if you think we're a good match.
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