At a Glance
- Tasks: Conduct KYC reviews and due diligence for clients, ensuring compliance and identifying risks.
- Company: Join Natixis CIB, a leading financial institution with a focus on innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Fast-paced environment with opportunities for growth and collaboration.
- Why this job: Make a real impact in financial crime prevention while developing your analytical skills.
- Qualifications: Bachelor's or Master's degree, knowledge of KYC/AML, and strong analytical abilities.
The predicted salary is between 40000 - 50000 £ per year.
As a KYC Analyst, you will be responsible for producing detailed KYC reviews of onboarding clients and performing additional due diligence for already existing clients and co-ordination of periodic review clients with KYC team offshore for the London Branch Natixis CIB clients.
Main Responsibilities
- Analyse and conduct KYC due diligence on low, medium and high risk London CIB clients and conduct risk assessments of clients using a variety of internet search and third-party sources.
- Co-ordinate and manage the periodic review clients with the relationship manager and the offshore KYC analysts.
- Act as the first line of defence, identifying financial crime and sanctions risks during the client onboarding process.
- Demonstrate strong independent responsibility and extensive knowledge in working with international AML compliance-related issues.
- Possess an in-depth understanding of AML typologies inherent in large multinational corporations, exercising sound judgment and maintaining confidentiality.
- Conduct thorough investigations to establish the presence of AML typologies, determine correlations or anomalies in data, and ascertain the economic purpose of activities between originators and beneficiaries.
- Make judgments on risk based on findings and determine if any unusual or high-risk activity requires further investigation.
- Independently produce complete and accurate reports of investigations, findings, decisions, quality checks, and recommendations for KYC Analysts.
- Proactively identify opportunities to refine processes and increase operational efficiencies, manage relationships with stakeholders, and contribute to procedural changes.
- Clear Daily Screening Alerts (Daily Surveillance of clients of any negative information).
Required Skills/Qualifications/Experience
- Educated to Bachelor's or Master's Degree level.
- Essential knowledge of KYC/AML.
- Ability to work both independently and as part of a team in a fast-paced production environment.
- Knowledge of AML regulatory policies, with a strong understanding of the financial industry, AML typologies, geography, products, customer types, including correspondent banks.
- Exceptional research and analytical skills with the ability to analyze large amounts of unstructured data, identify trends and potential high-risk activity, and document conclusions appropriately.
- Client-focused with strong customer service skills, including oral and written communication.
- Ability to multi-task and meet deadlines in a high-volume work schedule, cooperating closely with other Quality Control members and London Financial Crime Compliance members.
- Strong computer skills, including Microsoft Office Suite (Excel, Word, PowerPoint).
- Knowledge of European languages desirable.
KYC Analyst employer: Natixis NY Branch
At Natixis CIB, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our KYC Analysts to excel in their roles. With a strong commitment to employee development, we offer comprehensive training programmes and opportunities for career advancement within the financial sector. Located in the heart of London, our team enjoys a vibrant city atmosphere while contributing to meaningful work that safeguards against financial crime.
StudySmarter Expert Advice🤫
We think this is how you could land KYC Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Natixis NY Branch looking for candidates who are engaged and informed.
We think you need these skills to ace KYC Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Natixis NY Branch. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Natixis NY Branch
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Natixis NY Branch’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
