KYC Analyst, Business Risk & Governance - RBC BlueBay

The KYC Analyst role assists RBC BlueBay in its efforts to prevent money laundering, terrorist financing and other illicit financial activities by partaking in the first line KYC process with regards to Clients, Distributors, Platforms, Loans, Assets and any other relevant party/product. RBC's expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely.

What will you do?

• Conduct client due diligence (CDD) on entities we have business relationships with.
• Conduct due diligence on assets we invest in, known as know your assets (KYA).
• Manage a pipeline of requests and continuously update the pipeline workflow for operational efficiency.
• Prioritise requests by expected business deadlines and demonstrate flexibility to work on urgent requests.
• Apply internal AML KYC Policies and Standards.
• Collation of data for MI Reporting.
• CDD/KYA includes but is not limited to:

• Establishing existence, control structure, ownership structure, country of operation, source of funds/wealth.
• Identity and document verification.
• Adverse media screening.
• Conduct open source and paid-source due diligence searches.
• Prompt escalation of any high-risk factors such as high-risk industries and client types for enhanced due diligence (EDD) assessments in accordance with RBC's risk appetite framework.
• Annual reviews and periodic refreshes.
• Clear documentation of CDD/KYA process.

What do you need to succeed?

Must-have

• Proven working experience in KYC in the banking/investment management sector.
• Relevant degree, post-graduate course or recognized Compliance/AML certification or equivalent.
• Working knowledge and understanding of current AML KYC regulations and applicable regulatory guidance in the UK/Europe.
• Strong organisation skills, with experience in managing multiple deliverables at any one time.
• Effective Communicator, both verbal and written.
• Capacity to grasp new concepts/information quickly.

Nice-to-have

• Experience working in the Asset Management industry.
• Good working knowledge of equities and fixed income investments.
• Experience with KYC lifecycle tools such as Fenergo and third-party data providers.

What is in it for you?

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• Opportunities to work with the best in the field.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• A world-class training program in financial services.

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.