KYC Assistant

We are looking for a KYC assistant to join our Basingstoke office and work in a team responsible for reviewing and screening new clients and new matters and to assist in obtaining and reviewing ‘know your client’ (KYC) material as necessary for various risk management and regulatory purposes, including as required by anti-money laundering legislation.

Responsibilities

• To process and review all new / amended clients and matters as opened by the firm.
• To obtain and review KYC materials using available applications, online resources and hard copy documents in order to verify the identity of individual clients and to identify the owners and controllers of corporate or organisation clients.
• To use available resources to screen client and matter parties for PEP status, sanctioned status and for other risk factors as our screening tools allow, and to elevate concerns as appropriate.
• To deactivate matters where KYC is inadequate or where risk factors have not been adequately mitigated and to inform fee earners as appropriate.
• To undertake research as requested in order to assist the Best Practice team in determining whether risk factors associated with new clients and matters are acceptable.
• To contact clients to obtain information and documents as necessary.
• To liaise with fee-earning and support staff as necessary.
• To assist with the keeping of KYC and general risk records using the firm’s systems, as directed.
• To assist with the Best Practice Enquiry ‘Triage’ process as requested.
• To assist the Best Practice team as appropriate and to perform other duties as reasonably required.
• To undertake training when required and being responsible for self-development.

Essential & Desirable Criteria

• Proven accuracy with good attention to detail.
• IT Literate.
• Good communications skills at all levels.
• Able to work under pressure and to prioritise where necessary.
• Able to work as part of a team.

At our firm, Diversity, Equity and Inclusion is a priority and at the heart of everything we do. We actively want to attract a diverse workforce and welcome applications from everyone, from all backgrounds. We are committed to promoting an inclusive culture where everyone can be their full selves and experience being seen and heard. We ensure that there are equal opportunities and treatment for all job applicants and employees, at all stages of the recruitment process and employment, regardless of age, gender reassignment, marriage or civil partnership, pregnancy and maternity, disability, race (including colour, nationality, ethnic or national origin), religion or belief, sex, sexual orientation, gender identity, gender expression and social background. We aim to provide adjustments for people who have a disability, long-term health condition (including mental health) or neurodiversity. If you would like to request an adjustment, please contact sam.austin@penningtonslaw.com.