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Institutional Onboarding Analyst, Kingston upon Hull, East Yorkshire
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Client:
Argentex Group PLC
Location:
Kingston upon Hull, East Yorkshire, United Kingdom
Job Category:
Other
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EU work permit required:
Yes
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Job Views:
3
Posted:
04.06.2025
Expiry Date:
19.07.2025
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Job Description:
About Us
Argentex is a global specialist in currency risk management and alternative banking solutions for businesses and financial institutions. Established in 2012 and headquartered in London, Argentex listed on London’s AIM market in mid-2019 and has since expanded to Amsterdam, Dubai, and Australia, supported by approximately 180 staff. We are an FCA regulated business.
About the Role:
We are seeking a highly collaborative and diligent Institutional Onboarding Analyst to join our Onboarding team. This role is crucial in ensuring Argentex complies with all regulatory requirements, focusing on alternative investment funds (AIFs) and other alternative transaction banking services.
The successful candidate will support the timely and compliant onboarding of funds and alternative banking clients by assisting in implementing and monitoring compliance policies, with a focus on anti-money laundering (AML), know-your-customer (KYC), and cross-border regulatory requirements.
This role requires a strong understanding of both alternative banking and investment fund structures, working closely with internal teams to mitigate risks and ensure adherence to global financial regulations.
Key Responsibilities:
* Conduct thorough KYC/CDD investigations on new clients in the fund/institutional space, including enhanced due diligence for high-risk clients.
* Screen all clients using automated tools, investigating and escalating any potential sanctions or PEP matches.
* Obtain and verify client identification, proof of address, and source of funds/wealth documentation.
* Conduct regular risk assessments, particularly around cross-border transactions and AIF structures, and recommend strategies to mitigate compliance risks.
* Identify and pursue new business opportunities within the client portfolio, focusing on reactivations and referrals.
* Assess the risk profile of each client and determine the appropriate level of ongoing monitoring.
* Perform suspension or closure of client accounts when necessary.
* Complete reactivation or refresh of institutional client accounts.
* Communicate effectively with sales teams and internal departments (e.g., Client Services, Dealing, Operations) regarding onboarding matters.
* Investigate financial crime suspicions regarding new clients and escalate findings clearly for internal review by the Financial Crime Manager.
* Respond promptly to internal inquiries and resolve issues during the onboarding process.
Who are we looking for?
* Minimum of 2 years’ experience in compliance, with a focus on alternative transaction banking and/or investment funds.
* Awareness of Financial Crime trends and challenges, with an interest in developments involving AI and technology.
* Deep understanding of FCA regulations, MiFID II, AIFMD, AML/CFT rules, and relevant financial regulations for AIFs.
* Experience working in a fast-paced, collaborative environment.
* Good operational knowledge of transaction products processed for clients.
Inclusion
At Argentex, everyone counts and everyone wins. We believe diversity drives innovation, resilience, and success. We are committed to fostering an inclusive workplace where individuals from all backgrounds can thrive. If you meet some criteria but not all, we encourage you to apply—potential and a growth mindset are valued.
What to do next:
If interested, please apply or email [emailprotected].
If you need assistance during the recruitment process, contact us via telephone, email, or face-to-face. We’re here to support you.
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