At a Glance
- Tasks: Conduct KYC and AML checks to ensure client compliance and security.
- Company: Join Movera, a dynamic platform transforming the home moving experience.
- Benefits: Enjoy 25 days holiday, hybrid working, and free legal fees.
- Other info: Collaborative culture that values diversity and offers excellent career growth.
- Why this job: Make a real impact in financial crime prevention while developing your expertise.
- Qualifications: Detail-oriented with experience in KYC and AML compliance.
The predicted salary is between 36000 - 60000 £ per year.
Are you a detail-oriented professional with a passion for accuracy and a commitment to upholding the highest standards of compliance? Embark on a pivotal role as a KYC Analyst and become a vital safeguard in our dynamic client onboarding journey. You will be at the forefront of ensuring the integrity of our operations by expertly conducting Know Your Customer (KYC), Anti-Money Laundering (AML) and Source of Funds (SOF) checks, adhering rigorously to regulatory standards.
The Role
Within our bustling conveyancing environment, you will be empowered to take ownership of verifying client identities, liaising with clients to meticulously assess source of funds, and conduct thorough risk evaluations. Your expertise will be instrumental in fortifying our firm against financial crime, contributing directly to a secure and trusted environment for both our clients and our team. This is an exceptional opportunity to make a tangible impact and develop your expertise within a crucial and evolving field.
Key Responsibilities:
- Conduct client due diligence (CDD) and enhanced due diligence (EDD) in line with the Money Laundering Regulations.
- Perform KYC checks on individuals and corporate entities including ID checks, using electronic verification tools and manual review where necessary.
- Analyse and assess source of funds/source of wealth information for conveyancing transactions.
- Liaise with clients by telephone and in writing to gather and clarify KYC documentation.
- Identify and escalate any high-risk clients or suspicious activity to the Money Laundering Reporting Officer (MLRO) or Deputy MLRO.
- Maintain accurate and up-to-date records of client verification and due diligence checks.
- Liaise with fee earners and client onboarding teams to gather and clarify KYC documentation.
- Conduct periodic reviews and ongoing monitoring of existing clients.
- Keep up to date with regulatory and legislative changes in AML/KYC and conveyancing compliance.
- Assist with internal and external audits by providing relevant compliance documentation and support.
- Support the implementation and improvement of KYC procedures, controls, and training materials.
Person Specification:
- This role is well-suited for individuals with experience as a Conveyancing Assistant/Paralegal who possess a strong understanding of KYC and AML compliance gained through their previous duties as part of a broader role.
- Proven ability to meticulously analyse and verify the source of funds, ensuring compliance with anti-money laundering regulations.
- Previous experience of KYC and CDD activities including ID checks.
- Attention to Detail - High level of accuracy in reviewing documentation and conducting checks.
- Regulatory Knowledge - Understanding of UK AML and KYC regulations, including the Money Laundering Regulations 2017.
- Analytical Skills - Ability to assess risk and interpret complex information relating to property transactions.
- Communication - Strong written and verbal skills; able to communicate compliance requirements clearly to stakeholders and clients.
- Organisation - Capable of managing a high-volume workload with competing priorities.
- Confidentiality - Demonstrates discretion and professionalism in handling sensitive client data.
- Teamwork - Works collaboratively with colleagues across compliance, legal, and operational teams.
This role is vital in ensuring that the firm meets its regulatory obligations while facilitating smooth and compliant client onboarding in a conveyancing context. The ideal candidate will be detail-oriented, proactive, and have a strong understanding of financial crime risks associated with property transactions.
What we offer:
- 25 days holiday + your Birthday off
- Hybrid working available (minimum 2 days per week in office) after an initial full-time training period.
- Free conveyancing legal fees
- Moving home days off
- Volunteering days
- Retailer discounts and frequent socials
- Refer a friend bonuses
Look forward to Monday mornings at Movera, we have the culture, technology and purpose to change the way you feel about your job and strive to create a positive and supportive work environment. At Movera, we celebrate diverse backgrounds, experiences, and perspectives. We strive to create an environment where everyone feels valued, heard, and empowered. We believe that a diverse workforce brings unique perspectives and ideas that drive innovation and excellence. We welcome and encourage applications from individuals of all backgrounds, including those from underrepresented groups. If you need any support during the application process, please let us know.
DBS and Financial Checks:
We are committed to creating a safe, secure, and trustworthy workplace for everyone. As part of this commitment, all employment offers are subject to successful completion of DBS (Disclosure and Barring Service) checks and financial background checks. These checks help us maintain the highest standards of integrity and compliance while ensuring the well-being of our employees and clients. Rest assured, all checks will be carried out with care and in full accordance with relevant data protection laws.
KYC Analyst employer: O'Neill Patient Solicitors LLP
At Movera, we pride ourselves on being an exceptional employer that values accuracy, integrity, and employee well-being. Our vibrant work culture fosters collaboration and innovation, offering generous benefits such as 25 days of holiday, hybrid working options, and opportunities for professional growth within the dynamic field of compliance. Join us in a supportive environment where your contributions directly impact our mission to transform the home moving experience for the better.
Contact Details:
O'Neill Patient Solicitors LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land KYC Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that KYC Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your KYC and AML knowledge. We recommend going through common interview questions and even doing mock interviews with friends or mentors. The more confident you are, the better you’ll perform!
✨Tip Number 3
Showcase your attention to detail during interviews. Bring examples of how you’ve successfully conducted due diligence or handled compliance issues in the past. We want to see that you can meticulously analyse information and communicate effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand. Let’s get you that KYC Analyst position!
We think you need these skills to ace KYC Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the KYC Analyst role. Highlight your experience with KYC, AML, and any relevant compliance work. 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 compliance and how your attention to detail makes you a perfect fit for our team. Let us know why you want to join Movera!
Showcase Your Analytical Skills:In your application, be sure to mention specific examples of how you've analysed risk or assessed source of funds in previous roles. We love seeing those analytical skills in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at O'Neill Patient Solicitors LLP
✨Know Your KYC
Before the interview, brush up on your knowledge of KYC and AML regulations. Familiarise yourself with the latest updates in the Money Laundering Regulations and be ready to discuss how they apply to the role. This shows your commitment to compliance and your proactive approach.
✨Showcase Your Attention to Detail
Prepare examples from your past experience where your attention to detail made a significant impact. Whether it was catching a mistake in documentation or ensuring compliance with regulations, these stories will highlight your suitability for the KYC Analyst position.
✨Practice Your Communication Skills
As a KYC Analyst, you'll need to communicate clearly with clients and colleagues. Practice articulating complex compliance requirements in simple terms. This will demonstrate your ability to convey important information effectively during the interview.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your analytical skills and decision-making process. Think about how you would handle high-risk clients or suspicious activities. Prepare to explain your thought process and the steps you would take to ensure compliance.
