At a Glance
- Tasks: Conduct AML/KYC reviews and liaise with traders to ensure compliance.
- Company: Join Petroineos Trading Limited and Petrochina International in a dynamic legal affairs team.
- Benefits: Competitive salary, bonuses, and a comprehensive benefits package.
- Other info: Opportunity for growth in a fast-paced environment with a focus on teamwork.
- Why this job: Make a real impact in the fight against financial crime while developing your skills.
- Qualifications: Solid academic background and knowledge of KYC/AML regulations required.
The predicted salary is between 50000 - 65000 £ per year.
The key purpose of this role is to conduct Anti-Money Laundering (‘AML’) and Know Your Customer (‘KYC’) activities on behalf of Petroineos Trading Limited and Petrochina International (London) Co Ltd. This requires dialogue with traders and their business support teams, management, and counterparties.
Key Responsibilities
- Conduct AML/KYC reviews of new counterparties requested by the business, following the agreed Due Diligence process with regard to sanctions, financial crime and other requirements.
- Ensure all relevant information is up to date and that any change in risk profile has been identified and addressed along with ongoing monitoring of counterparties, for example investigating alerts from automated and semi-automated screening tools and conducting counterparty re-reviews when required.
- Liaise with counterparties as necessary to obtain documentation relating to AML/KYC checks.
- Assist the business in getting our companies registered to trade with potential new partners.
- Maintain systems with key counterparty data and producing required statistics.
- Act as a QA function when needed for KYC activities.
- Work with the MLRO to enhance the AML programme, draft and update processes and procedures as required and keep up to date with legal requirements and industry good practice.
- Help the business to understand and identify AML/KYC risks and requirements.
- Ensure AML records are created and retained in the correct manner and meet all retention requirements.
- Assist the Compliance team as required developing a broader understanding of Compliance rules, regulations and requirements.
- Maintain central database of company documents.
Skills, Knowledge and Expertise
- Solid academic background.
- Ideally possess a recognised professional qualification relevant to the area of KYC or Compliance or with recent experience of KYC/DD.
- Knowledge of AML regulations inclusive of POCA, JMLSG guidelines and Money Laundering Regulations 2003 and 2007, FCA rules.
- Proficient with MS Excel, Word.
- You will be a team player and be able to work effectively in a team environment.
- Self-motivation with affinity for detail; someone who can take the initiative when required.
- Demonstrated ability to effectively work independently, set priorities, meet deadlines, communicate effectively and manage projects.
- Account opening experience.
- Basic commercial understanding and awareness of the trading business enabling the individual to enter meaningful conversations with commercial staff.
- Ability to work quickly and take important decisions under pressure, and manage workload ahead of time while retaining the ability to switch priorities as required by commercial realities, while remaining diligent, with an excellent eye for detail.
- Effective communication skills, as well as robust analytical skills, especially the ability to identify cause-effect relationships, patterns, implications of data, and be able to integrate pieces into a meaningful conclusion.
Benefits
The role offers a competitive salary (commensurate with experience), plus potential for discretionary bonuses and a comprehensive benefits package.
KYC Specialist employer: Petroineos Trading Limited
PetroChina International is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets opportunity. With a strong focus on employee growth, the company provides comprehensive benefits, including private medical coverage, generous holiday allowances, and a supportive culture that encourages collaboration and entrepreneurial spirit. As part of a global leader in commodity trading, you will have the chance to build a dedicated Aluminium trading desk while leveraging PetroChina's extensive resources and network for professional development and success.
Contact Details:
Petroineos Trading Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land KYC Specialist
✨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 Petroineos Trading Limited looking for candidates who are engaged and informed.
We think you need these skills to ace KYC Specialist
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 Petroineos Trading Limited. 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 Petroineos Trading Limited
✨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 Petroineos Trading Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
