At a Glance
- Tasks: Conduct KYC due diligence reviews and assess counterparty risks.
- Company: Join a leading company in the commodity trading sector.
- Benefits: Competitive salary, remote work options, and professional development opportunities.
- Other info: Dynamic work environment with opportunities for growth and teamwork.
- Why this job: Make a real impact by ensuring compliance and mitigating risks.
- Qualifications: University degree and 2-5 years of KYC or compliance experience.
The predicted salary is between 40000 - 50000 £ per year.
The KYC Analyst will be responsible for conducting KYC due diligence reviews of Gunvor’s counterparties – whether at onboarding or as part of periodic review. This includes collecting and reviewing documents to establish counterparty legitimacy, identify ownership, screen and review adverse media, analyze counterparty profiles and risks, develop risk assessments, and identify where escalation to the senior Anti‑Bribery and Corruption compliance officer team is necessary and appropriate.
Main Responsibilities
- Perform risk‑based KYC due diligence reviews of the Company’s business counterparties and, as needed, other third‑party partners – either at onboarding or as part of periodic reviews.
- Screen and research counterparties and related individuals to identify, review, and assess adverse media and risk – including risk related to AML, ABC, sanctions, sustainability, human rights, financial crime, and other reputational risks.
- Review, analyze, and assess KYC documentation collected from third‑party sources and/or directly from external counterparties.
- Review and analyze KYC due diligence information collected from counterparties to establish a KYC information summary and risk assess the counterparty.
- Clearly document counterparty summaries and risk assessments.
- Identify appropriate cases to escalate to senior ABC Team for enhanced due diligence review/decisioning.
- Liaise with internal stakeholders and external counterparties to clearly communicate KYC due diligence process, requests, support needs, and findings, as appropriate.
- Review ongoing counterparty screenings and review, assess, and, as appropriate, any relevant findings.
- Ensure and promote adherence to Company’s policies and procedures governing third‑party management and general ABC/AML and sanctions control frameworks.
- Maintain counterparty data – including documentation, KYC summaries, risk assessments, ownership information, and related counterparty networks – through the full commercial relationship lifecycle, ensuring information in the counterparty management system is accurate, complete, and adheres to documentation standards.
Profile
- University degree (e.g., law, economics, criminal justice, or other).
- Compliance / KYC certifications are a plus.
- 2‑5 years of prior KYC due diligence experience (or other related compliance experience), ideally in the commodity trading or energy industry.
- Knowledge of ABC/AML compliance and sanctions risk is a distinct advantage.
- Prior experience risk assessing high‑risk counterparties is a plus.
- Strong analytical and critical‑thinking skills.
- Attention to detail.
- Excellent sense of judgment.
- Ability to perform in a dynamic, fast‑paced environment.
- Clear and concise written and oral communication skills.
- Problem‑solving ability – able to assess risk and propose appropriate risk mitigation strategies to address risk factors identified as part of the KYC due diligence reviews and screening.
- Proactive and solutions‑oriented.
- Process‑driven and goal‑oriented.
- Fluent in English, written and oral (fluency in other languages is a plus).
- Ability to work both independently and as a member of a team, willing to take initiative to support the Company’s counterparty onboarding and review needs.
- Comfort working as part of a remote team (with management located in a different office).
- Knowledge of common Microsoft office software.
KYC Analyst employer: Gunvor Group
Gunvor is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture where KYC Analysts can thrive. With a commitment to compliance and ethical practices, employees benefit from comprehensive training, collaborative teamwork, and the opportunity to engage in meaningful work that impacts the energy sector. Located in a vibrant industry hub, Gunvor provides a supportive environment that fosters innovation and encourages proactive problem-solving.
StudySmarter Expert Advice🤫
We think this is how you could land KYC Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its KYC processes. Show them you understand their needs and how your skills can help. Practice common interview questions and have your own ready to ask!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace KYC Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the KYC Analyst role. Highlight your relevant experience in KYC due diligence, compliance, and any specific skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about KYC and how your background makes you a great fit for us. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills:Since this role requires strong analytical abilities, make sure to include examples of how you've used these skills in past roles. Whether it's risk assessments or problem-solving, we want to see your thought process in action!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Gunvor Group
✨Know Your KYC Basics
Before the interview, brush up on your KYC knowledge. Understand the key concepts of due diligence, risk assessment, and compliance regulations. Being able to discuss these topics confidently will show that you’re serious about the role.
✨Prepare Real-World Examples
Think of specific instances from your past experience where you successfully conducted KYC reviews or handled compliance issues. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easier for the interviewer to follow your thought process.
✨Showcase Your Analytical Skills
As a KYC Analyst, strong analytical skills are crucial. Be ready to discuss how you approach risk assessments and problem-solving. You might even be asked to analyse a hypothetical scenario during the interview, so practice articulating your thought process clearly.
✨Communicate Clearly and Concisely
Since the role involves liaising with various stakeholders, effective communication is key. Practice explaining complex KYC concepts in simple terms. This will demonstrate your ability to convey important information clearly, which is essential for the position.
