AML/ KYC Client Onboarding & Remediation Associate: Investment Bank (City of London office of a global Investment Bank)

The Role

AML/ KYC Client Onboarding & Remediation Analyst: Investment Bank (City of London office of a global Investment Bank)

Martis Search are representing a City of London based, boutique but global Cash Equity & Fixed Income focused company “sellside” Investment Bank to hire a permanent “AML/ KYC Client Onboarding & Remediation Analyst.”

The role is working within a small team, based on a trading-floor and supports their London based Equity and Fixed Income Sales and Trading teams. This is a very busy team, with high volume AML/ KYC Client Onboarding of Institutional clients such as global Investment Banks, Hedge Funds, Asset Managers etc. The position has arisen through growth and higher-volume of KYC Client Onboarding workloads that are affecting the team. The role also involves KYC Remediation of previous files.

Our client is looking for someone with a solid minimum of x 2-year’s AML/ KYC Client Onboarding experience gained from a reputable “sellside” Investment Bank, or Institutional Brokerage, ideally with a stable and less contract focused CV.

There is a lot variety in the role, with some manual processes. Due to the small team, you will also be required to look at process improvements.

The company is 5-days per week in the office, with some potential flexibility to work-from-home after probation.

Our client is looking for someone who has relevant experience from a reputable Investment Bank, or Institutional Brokerage, with International markets experience.

In addition, our client will look at someone who is of graduate calibre and with a minimum of 2-years’ experience in AML/ KYC Client Onboarding experience.

Position Description

This position is responsible for providing Client Onboarding/ KYC support to the Sales team. The position holder must have/ acquire through training, the knowledge to work within the internal guidelines/requirements and present regulatory environment to create and maintain the company’s client base.

AML/ KYC Client Onboarding & Remediation – Key Responsibilities

• The successful candidate will be responsible for supporting the end-to-end client onboarding and ongoing review process, ensuring that client records and documentation are complete, accurate and maintained in accordance with internal procedures and regulatory requirements.
• Client Onboarding & Account Opening
• Coordinate and collate all required documentation to support new client and account openings.
• Conduct client screening and due diligence checks to ensure adherence to relevant regulatory and compliance standards.
• Input, upload and maintain client documentation within internal systems, including GoldTier, and create and maintain appropriate client files.
• Maintain and update the internal Client Master List, ensuring information remains complete and accurate.
• Establish and maintain RCCA accounts, agreements and associated records.
• Create and maintain Introducing Broker (IB) agreements and all supporting documentation and records.
• Set up accounts under the firm's Asian Securities Programme and maintain the associated documentation and records.
• Liaise with third-party brokers to facilitate client onboarding across Frontier Markets, ensuring all necessary documentation and record-keeping requirements are satisfied.

Ongoing Client Review & Data Maintenance

• Maintain client files on an ongoing basis, ensuring information is kept accurate, complete and up to date.
• Manage the appropriate retention, recording and destruction of client documentation in accordance with GDPR and internal data-management requirements.
• Undertake annual and periodic client file reviews, identifying and resolving any documentation or information gaps.
• Perform ongoing reconciliations between local office records and internal systems to ensure data consistency and accuracy.
• Ensure client and counterparty records remain compliant with internal policies and applicable regulatory requirements.

Stakeholder Support & Reporting

• Provide and disseminate client and account information through internal systems as required by Front Office, Compliance and Audit teams.
• Work closely with Front Office, Compliance and other internal stakeholders to resolve onboarding and client documentation queries.
• Respond to ad hoc queries and information requests from the firm's client base.
• Prepare and present relevant management information, statistics and client/counterparty data for monthly Client Counterparty Meetings.
• Support wider client onboarding, account maintenance and client lifecycle activities as required.

Competencies/ Skills/ Knowledge

• Efficiency, numeracy and accuracy
• Interpersonal skills
• Familiarity with computer systems
• Understanding of commercial/ regulatory environment

Salary

Between £55,000 k pa - £63,000 k pa, dependent upon experience, plus discretionary bonus, pension, healthcare and other related benefits.