Escrow - Business Compliance Analyst
Location: London
Department: AML / KYC
Job Type: Permanent, Hybrid
Hours: 37.5 hours per week
CSC is a leading provider of escrow and settlement services on M&A and real estate transactions and litigation proceedings.
The Escrow Business Compliance Analyst is responsible for assisting with the client onboarding of escrow deals in conjunction with other teams at CSC. The Business Compliance Analyst will liaise closely with other transaction parties during the setup of the transaction and manage the setup of the transaction file.
They will be responsible for working with the clients to collate all correct KYC information, working with Group Compliance to ensure it is input into relevant databases and all necessary approvals received prior to the deal closing. The Business Compliance Analyst will also be responsible for static data management and for managing and completing (according to specified timeframes) all annual KYC refreshes and for working with the Acceleration Centre colleagues in India.
RESPONSIBILITIES
Mandated Transactions:
1. Serve as the primary point of contact for clients to request, collect, and review all required KYC documentation during onboarding and subsequent periodic reviews.
2. Work with Group Compliance to ensure correct KYC information is received and present the deal (if required) to the Business Acceptance Committee for approval.
3. Work with the wider escrow / CSC team to manage deal onboarding.
4. Review and analyze client ownership structures and perform ultimate beneficial ownership (UBO) and risk assessments.
5. Conduct PEP, sanctions, and general compliance screenings, and analyze the static data changes in line with standard operating procedures;
6. Review and approve due execution of relevant transaction documents in line with standard operating procedures;
7. Deal with ad hoc simple transaction enquiries and/or relevant correspondence.
SKILLS / EXPERIENCE
8. Understanding of different entity structures (. Ltd, PLC, Partnerships, Trusts, Charities…) is desirable.
9. A legal background, or prior experience in compliance or client onboarding, is considered beneficial.
10. Experience of M&A transactions in a principal or agency capacity is beneficial.
11. Experience of finance-related work is beneficial.
12. An excellent level of communication skills, both oral and written, and a high level of interpersonal skills, giving the ability to work with all levels, both within and external to, CSC.
13. The ability to balance competing priorities and meet deadlines within the context of a demanding workload.
14. The ability to work independently, and to work effectively as part of a team, both within the escrow team and in a multi-disciplinary setting.