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Kyc analyst

London
Permanent
Kyc analyst
Posted: 13 February
Offer description

Our client is looking for s KYC Analyst to join their team in London on a permanent basis. The main purpose of the role is to Support CB, Treasury and Operations with necessary KYC / Risk Assessment related work (e.g. searches, risk assessments, reviews, adverse media implications etc) therefore enabling completion of on boarding process / periodical reviews as part of client due diligence. Key responsibilities include but are not limited to: Act as Lead resource to undertake necessary frontline Compliance related searches for Corporate Banking, Operations and Treasury. Assist and guide front office teams with any KYC / Risk Assessment queries / work they may have during the onboarding process. Ensure client files incorporate compliance requirements; including periodical KYC reviews on all Clients; risk assessments and onboarding requirements for new clients; that the procedures for documentation are adhered to; that robust records are maintained for the development of existing / prospective Client relationships and that approval is sought from RB Compliance in relation to KYC reviews and new relationship account activations. Provide technical support to front line teams of the Bank to ensure comprehensive client onboarding and periodical risk / CDD assessment Failure to adhere to compliance and KYC procedures could lead to reputational risk and action from the UK / KSA bank regulators. Maintain strong relationship with Compliance Department (2nd line of Defence) to ensure experience and knowledge is maintained at a high level whilst maintaining CDD portfolio review up to date. Maintain confidentiality with regard to sensitive information about the Bank and its clients Knowledge and Skills: Educated to a high level (A level) Experience previously gained working in a compliance and AML department would be a key advantage. Broad general banking experience Good administrative skills base and team interaction Understanding and involvement with KYC/Compliance procedures is required. Day to day operational activities with clients and RMs. Knowledge of Microsoft packages (and other local systems from time to time)

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