At a Glance
- Tasks: Conduct KYC due diligence and manage client onboarding 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.
- 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 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.
- All KYC and KYB for front office Investment Banking / DCM, Coverage and SECM Teams in London.
- 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 London employer: LevelUP HCS
As a Client KYC Onboarding Specialist at our prestigious Investment Bank in the heart of London, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer competitive benefits, a collaborative culture, and the unique opportunity to engage with diverse teams across Europe, ensuring your contributions are valued while you help shape the future of banking compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Client KYC Onboarding Specialist - Fixed Term Contract in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment banking sector and let them know you're on the hunt for a KYC Onboarding Specialist role. A friendly chat can lead to insider info or even a referral, which can make all the difference.
✨Tip Number 2
Prepare for those interviews by brushing up on your KYC and KYB knowledge. Make sure you can discuss recent regulations and how they impact client onboarding. We want you to impress with your expertise and show that you're ready to hit the ground running!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for the team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Client KYC Onboarding Specialist - Fixed Term Contract in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the KYC Onboarding Specialist role. Highlight your experience in KYC processes, risk assessments, and any relevant tools you've used. We want to see how your skills match what we're looking for!
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 you can contribute to our team. Be sure to mention any specific experiences that relate to the responsibilities outlined in the job description.
Showcase Your Communication Skills:Since this role involves liaising with various teams, it's crucial to demonstrate your communication skills. In your application, mention instances where you've effectively communicated with clients or colleagues to resolve issues or gather information.
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 receive updates directly from us. Plus, it shows you're keen on joining the StudySmarter family!
How to prepare for a job interview at LevelUP HCS
✨Know Your KYC Basics
Before the interview, brush up on your knowledge of KYC and KYB processes. Understand the regulations and tools used in the industry, especially those relevant to investment banking. This will show that you're not just familiar with the terms but can also apply them practically.
✨Demonstrate Your Problem-Solving Skills
Be prepared to discuss specific examples where you've had to gather documentation quickly or resolve issues related to client onboarding. Highlight your resourcefulness and ability to work independently, as these are key traits for a KYC Onboarding Specialist.
✨Build Rapport with Front Office Insights
Since you'll be liaising with the front office, it’s crucial to demonstrate your understanding of their needs. Research the company’s structure and recent deals to discuss how you can support their operations effectively. This shows that you’re proactive and ready to integrate into their team.
✨Showcase Your Time Management Skills
In this role, managing multiple clients and deadlines is essential. Prepare to talk about how you prioritise tasks and manage your time effectively. Use examples from past experiences to illustrate your ability to handle high-pressure situations while maintaining accuracy.
