At a Glance
- Tasks: Join our KYC Client Onboarding team to ensure compliance and support client relationships.
- Company: RBC, a leading global investment bank with a focus on collaboration and innovation.
- Benefits: Competitive salary, bonuses, flexible benefits, and world-class training in financial services.
- Other info: Opportunities for growth and development in a supportive, inclusive workplace.
- Why this job: Make a real impact in a dynamic environment while developing your skills in capital markets.
- Qualifications: KYC/AML experience in Capital Markets and strong knowledge of regulatory requirements.
The predicted salary is between 40500 - 49500 £ per year.
The role of Know Your Client (KYC) Analyst is part of the KYC Client Onboarding team in London, which interacts with team members in the Global KYC Refresh Team and KYC Client Onboarding Teams in the UK, US, Canada and APAC. You will ensure that KYC due diligence and information is collected prior to establishing any client relationship in accordance to UK Anti-Money Laundering (AML) Compliance regulations and RBC policies. This is a full-time role and requires 4 days in our London Bishopsgate office.
What will you do?
- Be responsible for the KYC processing of new client and account opening forms, and maintaining reference databases with completed records and information.
- Assess issues of potential non-compliance, provide recommendations and, together with the KYC BAU Manager / KYC management, work with areas involved to resolve and implement improved controls.
- Conduct KYC due diligence searches and perform reviews for Low/Medium/High risk customers.
- Respond to adhoc requests for information from Business areas regarding appropriate KYC documentation.
- Identify potential areas for improved processing and automation of manual processes wherever possible.
- Act as a Subject Matter Expert on KYC UK policy and have working knowledge of other regional requirements.
- Escalate material matters relating to sanctions or ABAC, to the Global Economic Sanctions Team (GES).
- Responsible for problem solving complex requests and escalating new issues or proposed solutions to senior management.
- Participate in intra-day and/or after hours testing in support of system and process improvements.
- Understand complex deal structures and have confidence with GIB & Corporate Banking clients.
- Act as regional champion for vendor systems, FEN X, ABBYY, Encompass, etc.
- Act as a subject matter expert for RBC GmbH onboarding and refresh queries.
What do you need to succeed?
Must-have
- Proven relevant KYC/AML experience in Capital Markets in a Global Investment Bank.
- In-depth knowledge of local and global KYC/AML, Capital Markets industry, or taxation regulatory requirements.
- Strong knowledge of Capital Markets products, trade systems and business lines.
- Knowledge of KYC/AML industry tools, portals, information sources, and vendor products.
- Experience working in Client Services using Fenergo and CLM tools.
Nice-to-have
- BA / BS or equivalent.
- Operations or Technology degree, background, or experience.
- CAMS certification.
- CFA certification.
- European language skills.
What is in it for you?
We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- 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.
12-month FTC - Analyst, KYC Client Onboarding - Client Shared Services - Capital Markets in London employer: Royal Bank of Canada
At RBC Wealth Management Europe, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment in London and the South East. Our commitment to employee growth is evident through our comprehensive Total Rewards Program, which includes competitive compensation, bonuses, and flexible benefits, alongside opportunities for professional development and coaching from experienced leaders. Join us to make a meaningful impact while working with a talented team dedicated to delivering tailored financial solutions to our clients.
StudySmarter Expert Advice🤫
We think this is how you could land 12-month FTC - Analyst, KYC Client Onboarding - Client Shared Services - Capital Markets in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Royal Bank of Canada.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Royal Bank of Canada might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace 12-month FTC - Analyst, KYC Client Onboarding - Client Shared Services - Capital Markets in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Royal Bank of Canada will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Royal Bank of Canada. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Royal Bank of Canada confidence in your short-term commitment to the role.
How to prepare for a job interview at Royal Bank of Canada
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Royal Bank of Canada.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Royal Bank of Canada that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
