At a Glance
- Tasks: Coordinate KYC & KYB processes for new and existing clients in investment banking.
- Company: Join a leading UK investment bank with a focus on innovation and client service.
- Benefits: Gain valuable experience, competitive pay, and opportunities for career advancement.
- Other info: Flexible working environment with support for personal development.
- Why this job: Be part of a dynamic team making a real impact in the financial sector.
- Qualifications: Strong communication skills and a keen interest in finance and compliance.
The predicted salary is between 20000 - 30000 £ per year.
Overall Purpose
Responsible for coordinating in front office KYC & KYB processing of new clients and periodic reviews of existing clients within the London Banking Coverage, IB, and Real assets.
Main Responsibilities
- Onboarding New Clients: Occasionally create a RAF (account number) in Tethy's system for Investment Banking, Coverage and Real Assets, UK. Establish correct documents required for the type of client and business and gather the information and submit in Clientpass (Natixis KYC system) or directly to the vetting departments via mail. Liaise with agents and deal teams on new deals to ensure relevant or updated documentation is received and submitted in a timely manner. Keep client KYC documents up to date and file all documentation in the correct KYC files. Liaise with vetting teams in London, Porto and Algiers on up-to-date vetting processes of all clients. Complete KYB Digital with the assistance of the main CRM who will conduct the final sign off. Ensure all products required for the business are added in the Clientpass system / KYB Digital. Request MIFID/EMIR documentation if required and ensure client is compliant. Confirm with the deal team that the vetting is complete and client is approved before business is conducted. Obtain access to Debt Domain and Syntrak for future documents.
- Periodic Reviews: Coordinate periodic reviews with Porto vetting contacts to ensure upcoming reviews are in hand. Update KYB Digital with assistance of the main CRM and global hubs to ensure accurate product lists and client contacts. Manage the KYC documents collection through independent research and client contacts/vetting analysts and file any updated information. Submit all KYC documents to the vetting teams and chase for final CRM sign off throughout the vetting window. Address additional blocking points with KYC documents through online research and client clarifications. Arrange for extensions and waivers with Porto vetting contacts to ensure no disruption to business lines. Create LEM maintenance requests to add additional products when required by the business.
Internal & External Relations
Develop strong relationships with Front Office and vetting departments mainly in London, Porto and Algiers but not limited to these offices; also with Global Vetting, Compliance and Financial Crime. We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruitment process.
Apprenticeship - KYC & KYB Apprentice – UK Investment Banking in London employer: Groupe BPCE
As a KYC & KYB Apprentice in the heart of London’s Investment Banking sector, you will be part of a dynamic team that values collaboration and innovation. Our company fosters a supportive work culture with a strong emphasis on professional development, offering numerous growth opportunities to enhance your skills in compliance and client relations. With a commitment to inclusivity and employee well-being, we ensure a rewarding experience for all apprentices, making us an exceptional employer in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Apprenticeship - KYC & KYB Apprentice – UK Investment Banking in London
✨Tip Number 1
Network like a pro! Reach out to current employees in the investment banking sector, especially those involved in KYC & KYB. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of KYC & KYB processes. We recommend practising common interview questions and scenarios related to client onboarding and compliance to show you're ready to hit the ground running.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that apprenticeship! We’re always on the lookout for passionate candidates who are eager to learn and grow in the investment banking world.
We think you need these skills to ace Apprenticeship - KYC & KYB Apprentice – UK Investment Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the KYC & KYB role. Highlight any relevant experience or skills that match the job description, like client onboarding or document management. We want to see how you fit into our world!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about investment banking and how your background makes you a great fit for the apprenticeship. Keep it engaging and personal – we love to see your personality!
Showcase Your Attention to Detail:In KYC & KYB, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work, so show us you can do just that!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Groupe BPCE
✨Know Your KYC & KYB Basics
Before the interview, brush up on your knowledge of KYC (Know Your Customer) and KYB (Know Your Business) processes. Understand the importance of these practices in investment banking and be ready to discuss how they impact client onboarding and compliance.
✨Familiarise Yourself with Relevant Systems
Get to know the systems mentioned in the job description, like Clientpass and Tethy's. If possible, explore any available resources or tutorials online. Being able to speak about these tools will show your enthusiasm and readiness for the role.
✨Prepare Questions for Your Interviewers
Think of insightful questions to ask during your interview. This could include inquiries about the team dynamics, the challenges faced in KYC processing, or how the company stays compliant with regulations. It shows you're engaged and genuinely interested in the position.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with various teams and clients, practice articulating your thoughts clearly and confidently. Use examples from past experiences where you successfully communicated complex information or resolved issues, as this will highlight your suitability for the role.
