Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Verify due diligence information and assess risk for client onboarding.
- Company: Join a leading Lloyds Broker in the heart of the city.
- Benefits: Enjoy a hybrid work model with 3 days in-office and 2 days remote.
- Why this job: Be part of a dynamic team, enhancing your skills in compliance and risk assessment.
- Qualifications: 1-2 years in KYC, with knowledge of CDD in insurance or finance.
- Other info: Opportunity to grow in a supportive environment with a focus on compliance excellence.
The predicted salary is between 28800 - 48000 £ per year.
We are working with a leading Lloyds Broker who are looking for a Junior Due Diligence Analyst to join the team. The firm is based in the city close to Tower Hill Tube Station, operating a hybrid working pattern of 3 days in the office and 2 at home.
THE RESPONSIBILITIES:
- Verification of Due Diligence information received, at initial Account onboarding, and later at Due Diligence reaffirmation stage through Internet searches and applications.
- Using Sanctions & Regulatory Checking database (World Check) to establish if there are reputational or sanction related issues.
- To form a risk-based decision that is appropriate and auditable and create applicable BMS broking system accounts thereafter.
- Ensure that during the process, any identified ‘High Risk’ cases from due diligence or sanction exposure are escalated to DDMS management.
- Ensure that during the process, any identified ‘Politically Exposed Persons or State-Owned Entities are correctly identified and recorded within World Check and escalated within DDMS as appropriate.
- To follow department rules and procedures to ensure that Due Diligence performed and reaffirmed, is in line with the timescales within the company procedures.
- Ensure excellent service and compliance using meticulous checking and organisation.
- Advising the business day-to-day as required on policy application and interpretation.
EXPERIENCE REQUIRED:
- 1 – 2 years’ experience within KYC and had focus on CDD within the insurance or financial service space.
- Understanding of how you would implement the processes and procedures for onboarding clients from varying risk profiles and be able to clearly demonstrate and explain this.
- Ability to commute to the office 3 days a week.
- Experience with sanction screening tools.
For further information, please contact Jordan White.
Junior Due Diligence Analyst employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Due Diligence Analyst
✨Tip Number 1
Familiarise yourself with the key tools and databases mentioned in the job description, such as World Check. Understanding how to navigate these systems will not only boost your confidence but also demonstrate your readiness for the role.
✨Tip Number 2
Network with professionals in the compliance and due diligence sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Stay updated on current regulations and trends in KYC and CDD processes. This knowledge will help you engage in informed discussions during interviews and show that you are proactive about your professional development.
✨Tip Number 4
Prepare for potential interview questions by practising how you would handle high-risk cases or politically exposed persons. Being able to articulate your thought process and decision-making skills will set you apart from other candidates.
We think you need these skills to ace Junior Due Diligence Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in KYC and CDD, particularly within the insurance or financial services sector. Use specific examples to demonstrate your understanding of onboarding processes for clients with varying risk profiles.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Junior Due Diligence Analyst position. Mention your familiarity with sanction screening tools and your ability to make risk-based decisions, as these are crucial for the role.
Highlight Relevant Skills: Emphasise skills such as meticulous checking, organisation, and the ability to follow procedures. These are essential for ensuring compliance and excellent service in the due diligence process.
Showcase Your Research Abilities: Mention any experience you have with conducting internet searches and using databases like World Check. This will demonstrate your capability to verify due diligence information effectively.
How to prepare for a job interview at Compliance Professionals
✨Know Your Due Diligence Basics
Make sure you understand the fundamentals of due diligence, especially in the context of KYC and CDD. Be prepared to discuss how you would verify information and handle high-risk cases, as this will show your familiarity with the role.
✨Familiarise Yourself with Sanction Screening Tools
Since experience with sanction screening tools is crucial for this position, brush up on your knowledge of World Check or similar databases. Be ready to explain how you would use these tools in your daily tasks.
✨Demonstrate Your Organisational Skills
The role requires meticulous checking and organisation. Prepare examples from your past experiences where you successfully managed multiple tasks or projects while maintaining high accuracy.
✨Prepare Questions About Company Procedures
Show your interest in the company by preparing thoughtful questions about their due diligence processes and compliance policies. This not only demonstrates your enthusiasm but also helps you gauge if the company aligns with your career goals.
