At a Glance
- Tasks: Conduct end-to-end KYC and due diligence on institutional counterparties in a dynamic financial environment.
- Company: Join KNG, an innovative financial services firm based in London.
- Benefits: Gain exposure to diverse financial products and significant career development opportunities.
- Other info: Full-time office role in London, no hybrid or remote options.
- Why this job: Make a real impact in the capital markets while working with sophisticated institutional clients.
- Qualifications: 4-5 years of experience in KYC, onboarding, or financial crime compliance required.
The predicted salary is between 40500 - 49500 £ per year.
Join KNG, a dynamic and innovative financial services firm specialising in the secondary trading of illiquid assets.
Headquartered in London and operating since 2003, KNG works with institutional counterparties across Europe, North America, Latin America, Asia and other global markets.
We are looking for an experienced Senior Onboarding Analyst – Financial Institutions & Capital Markets to join our London-based Onboarding and Monitoring Team.
This role is suited to an experienced KYC and onboarding professional with a strong background in conducting due diligence on financial institutions and institutional counterparties, ideally gained within a broker-dealer, investment firm, securities business, investment bank or other capital-markets environment.
The successful candidate should have practical experience assessing complex institutional structures and financial crime risks and be comfortable independently managing onboarding cases from initial review through to completion and escalation where required.
This is a full-time, office-based role requiring attendance at KNG's London office five days per week.
Your Role
As a Senior Onboarding Analyst – Financial Institutions & Capital Markets
, you will be responsible for conducting end-to-end onboarding and due diligence on KNG's institutional counterparties and supporting the ongoing review of existing relationships.
Your key responsibilities will include
- Conducting end-to-end KYC and due diligence reviews on financial institutions and institutional counterparties, including banks, broker-dealers, investment firms, asset managers, investment funds and other regulated and unregulated financial services entities.
- Assessing counterparties operating within the capital markets and securities sector, taking into consideration their business activities, regulatory status, products, jurisdictions and expected relationship with KNG.
- Obtaining, reviewing and assessing corporate, ownership, regulatory and KYC documentation to establish whether appropriate due diligence requirements have been satisfied.
- Analysing corporate and ownership structures and identifying relevant shareholders, Ultimate Beneficial Owners (UBOs), directors, authorised representatives and other connected parties.
- Independently assessing AML, sanctions, PEP, adverse media, reputational and jurisdictional risks associated with prospective and existing counterparties.
- Conducting and critically reviewing sanctions, PEP and adverse media screening results and documenting appropriate discounting or escalation rationale.
- Assessing higher-risk and complex relationships and preparing clear, evidence-based onboarding assessments and escalation recommendations for Compliance and senior management.
- Reviewing regulatory status and permissions of financial institutions and considering whether these are consistent with the proposed nature of the counterparty relationship.
- Developing an understanding of the counterparty's business model, source of funds, expected trading activity and purpose of the relationship with KNG.
- Applying a risk-based approach to due diligence, including identifying circumstances requiring Enhanced Due Diligence (EDD).
- Liaising directly with institutional clients and counterparties to obtain outstanding KYC information, resolve discrepancies and progress onboarding cases efficiently.
- Working closely with Sales, Trading, Compliance and other internal stakeholders while ensuring that commercial considerations do not compromise KYC or financial crime control requirements.
- Conducting periodic and trigger-event reviews of existing counterparties, including reassessment of AML, sanctions, jurisdictional and reputational risks.
- Maintaining complete and accurate KYC records and ensuring that the rationale supporting onboarding decisions and risk classifications is appropriately documented.
- Keeping up to date with developments in UK AML, financial crime and sanctions requirements relevant to financial institutions and capital-markets businesses.
What We're Looking For
We are looking for an experienced, analytical and detail-oriented onboarding professional who understands that institutional KYC requires more than collecting documents and completing checklists.
The successful candidate should have
- 4-5 years relevant experience in institutional KYC, counterparty onboarding, AML or financial crime compliance within financial services.
- Demonstrable hands-on experience conducting due diligence on financial institutions and institutional counterparties.
- Experience gained within, or supporting, a capital-markets, securities, broker-dealer, investment banking, investment management or institutional trading environment.
- Experience conducting KYC on entities such as banks, broker-dealers, investment firms, asset managers, funds or other regulated financial institutions.
- Strong understanding of corporate ownership structures and experience identifying and verifying shareholders, UBOs, directors and other relevant connected parties.
- Practical experience assessing the regulatory status of financial institutions and understanding the relevance of regulatory permissions to the proposed business relationship.
- Strong working knowledge of AML, sanctions, PEP and adverse media risk and the ability to identify matters requiring enhanced due diligence or escalation.
- Experience assessing complex and/or higher-risk counterparties, including those operating across multiple jurisdictions.
- The ability to analyse information critically and produce clear, concise and well-reasoned KYC assessments and escalation recommendations.
- Strong attention to detail and the ability to identify inconsistencies, gaps and potential financial crime risk indicators.
- Confidence communicating directly with institutional counterparties and senior internal stakeholders.
- Strong organisational skills and the ability to independently manage multiple onboarding cases and competing priorities.
- Experience in one or more of the following would be particularly beneficial:
- Fixed income, bonds, structured products or other capital-markets products.
- Emerging markets and/or counterparties operating across higher-risk jurisdictions.
- Enhanced Due Diligence on higher-risk financial institutions.
- Complex ownership structures, investment funds and institutional investment vehicles.
- Cross-border sanctions and financial crime risk.
- Periodic reviews involving institutional counterparties.
- A bachelor's degree or equivalent professional experience is expected.
Professional qualifications in AML, KYC, financial crime or compliance, such as ICA or ACAMS qualifications, would be beneficial.
Location and Working Arrangements
This is a full-time, office-based position in London.
The successful candidate will be required to work from KNG's London office five days per week. This role is not being offered on a hybrid or remote-working basis.
Why Join KNG?
At KNG, you will have the opportunity to develop your career within an international capital-markets business and gain exposure to a diverse range of sophisticated institutional counterparties, products and jurisdictions.
You will
- Gain significant exposure to financial-institution and institutional counterparty due diligence.
- Work within an international capital-markets and securities environment.
- Gain exposure to a diverse range of counterparties, ownership structures and jurisdictions.
- Develop experience assessing complex AML, sanctions, reputational and jurisdictional risks.
- Work closely with Onboarding, Compliance, Sales and Trading teams.
- Take ownership of complex onboarding cases and contribute to risk-based onboarding decisions.
- Support and help develop junior members of the onboarding team.
- Contribute to the continued enhancement of KNG's onboarding and financial crime control framework.
This is an excellent opportunity for an experienced institutional KYC professional looking to develop further within a specialist, international capital-markets environment.
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Senior Onboarding Analyst – Financial Institutions & Capital Markets in London employer: KNG
KNG is an exceptional employer that offers a dynamic work environment in the heart of London, where you can thrive as a Senior Onboarding Analyst. With a strong focus on employee development, KNG provides opportunities to engage with sophisticated institutional counterparties and enhance your expertise in financial crime compliance. The collaborative culture encourages teamwork across departments, ensuring that you not only contribute to meaningful projects but also grow alongside talented professionals in the capital markets sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Onboarding Analyst – Financial Institutions & Capital Markets in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
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Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like KNG. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from KNG.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like KNG. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Senior Onboarding Analyst – Financial Institutions & Capital Markets in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in KNG and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show KNG how you can be a team player!
How to prepare for a job interview at KNG
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with KNG.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with KNG's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
