At a Glance
- Tasks: Ensure compliance with KYC regulations and support client onboarding processes.
- Company: Multinational corporate banking company with a global presence.
- Benefits: Gain valuable experience in a dynamic financial environment.
- Other info: Opportunity for professional growth in a fast-paced industry.
- Why this job: Join a leading bank and enhance your skills in compliance and client relations.
- Qualifications: KYC experience and knowledge of UK regulatory requirements are essential.
The predicted salary is between 40500 - 49500 £ per year.
THE COMPANY: Our client is a multinational Corporate banking company, with branches worldwide.
THE RESPONSIBILITIES:
- Adhering to internal Compliance policies and external regulatory requirements in the completion of KYC files.
- Performing KYC on both onboarding and periodic review files.
- Obtaining client due diligence documentation from Corporate Banking, Financial Institution and Treasury relationship manager personnel (RMs).
- Providing guidance to RMs and key stakeholders on KYC requirements.
- Conducting a risk-based analysis on prospective (or existing) clients according to current KYC guidelines and standards.
- Using external screening systems (World-Check, Factiva etc.) for PEP screening and adverse media checks.
- Preparing reports and analysis for Compliance as and when required (e.g. Enhanced Due Diligence (“EDD’’) forms, PEP forms and materiality assessments for adverse news).
- Updating core applications with KYC related static data.
- Adhering to the Quality Control and Quality Assurance process and making file amendments in a timely manner when required.
- Completing all necessary Compliance and KYC training as and when required.
- Helping to generate relevant Management Information (“MI”) and assisting with training sessions for the Client Onboarding Manager/Head of Client Onboarding when required.
EXPERIENCE REQUIRED:
- Must be able to work 5 days in the office.
- Sound knowledge of the UK KYC regulatory environment.
- Solid KYC experience within a financial institution, with good understanding of KYC requirements for various client types (including private companies and financial institutions, SPVs, trusts).
- Experience with conducting KYC on higher risk financial services products and services (for example, trade finance or correspondent banking).
- Experience with conducting KYC on clients domiciled in high risk jurisdictions.
- Sound knowledge of Politically Exposed Persons and the AML risks they pose.
- Strong knowledge of corporate structures and complex entity types.
- Knowledge of foreign jurisdiction KYC regimes (especially China) an advantage but not mandatory.
- Understanding of static data requirements.
Client Onboarding Officer (6 months temp) employer: Compliance Professionals
As a leading wealth management firm in Greater London, we pride ourselves on fostering a collaborative work environment that prioritises compliance excellence and professional growth. Our commitment to employee development is reflected in our comprehensive training programmes and supportive culture, making us an ideal employer for compliance professionals seeking meaningful and rewarding careers in the financial services sector.
We think you need these skills to ace Client Onboarding Officer (6 months temp)
KYC Compliance
Regulatory Knowledge
Client Due Diligence
Risk-Based Analysis
PEP Screening
Adverse Media Checks
Quality Control
