At a Glance
- Tasks: Conduct KYC due diligence and manage client onboarding processes for an investment bank.
- Company: Join a leading investment bank in the heart of London.
- Benefits: Gain valuable experience, competitive pay, and potential career growth.
- Other info: Dynamic team environment with opportunities to develop your skills.
- Why this job: Be a key player in ensuring smooth client onboarding and compliance.
- Qualifications: Experience in KYC processes and strong communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
This opportunity is working for an Investment Bank in the City of London as a KYC Onboarding Specialist processing the front office of new clients, as well as periodic review of existing clients relating to low, medium & high risk within London Banking customers (Coverage, IB Sectors, DCM & SECM and any other departments time and capacity allowing).
You will be liaising with the business on KYB forms and dealing directly with Vetting in various geographies to ensure that the clients are onboarded with minimal delay for the business. You will be responsible and accountable for being a point of contact for all KYC and KYB queries in order to free up the business to concentrate on origination of deals.
Main Responsibilities
- Conduct KYC due diligence on all new Low / Medium and High-risk London Banking clients.
- Conduct risk assessments of clients and investigate using the head office KYC tools on the intranet.
- Establish the documentation required based on the type of client and ensure that the documentation is gathered and submitted either in the system or sent directly to vetting.
- Liaise with the legal and/or agents on new deals to ensure relevant or updated documentation is received and submitted.
- Liaise with the business to ensure that the correct grouping has been established according to the structure chart.
- Create a file for each client to save documentation for future reviews.
- Ensure a smooth process to obtain approval for Low and Medium and High-risk clients.
- Liaise with the vetting teams in London and in other European locations on the vetting process of high-risk clients and approval.
- All new KYB forms to be completed with the assistance of the front office team and the credit approval.
- Ensure that all approved products required are added in the KYC Client Pass system and entered under the various geographies for the business / client to use.
Periodic Review
- Liaise with Front office to obtain access to Debt domain sites in order to liaise with Client / agent / lawyers to obtain relevant KYC documents which are not available in the public domain and make sure the client file reviews are done in a timely manner.
- Make sure all clients are MiFID approved in line with the internal standards and requirements.
- Support IB / DCM / SET / Sectors London Branch on all KYC and KYB related issues.
- Develop strong relationships with Front Office business and the vetting departments in London and with our teams in other locations.
- Manage the customer KYC document collection for onboarding ensuring that it is provided to the vetting departments at the time of vetting – also when system allows, to be uploaded into the document file.
- Establish a separate KYC filing for front office clients which will be updated at each review and on an adhoc basis when advised by agent / client of any amendments to KYC documentation, i.e. new director / borrower.
The team has two apprentices working in London supporting the team.
Responsible for Producing:
- PREMS – CPN1 month end controls for expired or unauthorised rafs.
Responsible for reviewing:
- All KYC and KYB for front office Investment Banking / DCM, Coverage and SECM Teams in London.
Key Skills & Experience
- Ability to quickly gather the documentation required to input file to ClientPass.
- Liaise with relevant teams to ensure that the entities are never in Breach and the business is able to continue business with them.
- Good autonomy with the systems, mainly ClientPass and the processes related to the KYC and KYB.
- A high level of resourcefulness and ability to problem solve. Must have experience of the KYC Business Area.
- Good understanding of current regulations.
- Ability to work independently with strong time management skills.
- Good communication skills to work within Front Office and liaise with clients.
Client KYC Onboarding Specialist - Fixed Term Contract in City of London employer: LevelUP HCS
As a Senior Banker at our esteemed firm, you will thrive in a dynamic and collaborative environment that champions innovation and professional growth. Our commitment to fostering strong relationships with financial sponsors across diverse sectors ensures that you will be at the forefront of impactful transactions, while our supportive culture encourages mentorship and the development of junior team members. Located in a vibrant financial hub, we offer competitive benefits and unparalleled opportunities for career advancement, making us an exceptional employer for those seeking meaningful and rewarding work.
StudySmarter Expert Advice🤫
We think this is how you could land Client KYC Onboarding Specialist - Fixed Term Contract in City of London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LevelUP HCS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Client KYC Onboarding Specialist - Fixed Term Contract in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LevelUP HCS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LevelUP HCS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LevelUP HCS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LevelUP HCS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LevelUP HCS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LevelUP HCS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
