THE COMPANY:
Our client is 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).
- Covering clients with clearing products, required knowledge of Wolfsberg and CBDDQ.
- 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 to make 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 on Boarding 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
For further information please contact Hannah Tabatabai
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Client Onboarding Officer (6 months temp – Office based role) employer: Compliance Professionals
As a leading private bank in the UK, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee development and well-being. Our commitment to compliance excellence not only ensures a rewarding career path for our Financial Crime Compliance Lead but also offers unique opportunities for professional growth through continuous training and mentorship. Join us to be part of a prestigious institution where your expertise in wealth management will be valued and your contributions will make a meaningful impact.
