At a Glance
- Tasks: Conduct client due diligence and support compliance in a fast-paced environment.
- Company: Join Sotheby’s, a prestigious leader in art and luxury sales since 1744.
- Benefits: Gain valuable experience in financial crime compliance and enhance your career.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Be part of a dynamic team tackling global financial regulations and making an impact.
- Qualifications: 2+ years of experience and a keen interest in financial crime regulations.
The predicted salary is between 30000 - 40000 € per year.
ABOUT SOTHEBY'S Established in 1744, Sotheby’s promotes access and ownership of exceptional art and luxury objects through auctions, private sales and retail. Our deep expertise across 70 selling categories is supported by a leading technology platform and a global network of specialists spanning 40 countries. Selling categories include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits and Design, as well as collectible cars and real estate through RM Sotheby’s and Concierge. Sotheby’s Financial Services is a leading art lender and provides capital solutions for collectors around the world, having originated more than $12 billion in loans since its inception.
THE ROLE As a Know Your Client (KYC) Analyst, you will support the Financial Crime Compliance function within Sotheby's Legal and Compliance Department and Service Operations teams by conducting client due diligence as required by applicable regulations and our global policies. This is a great opportunity to join a KYC team operating in a fast-paced anti-money laundering (AML) regulated business environment.
RESPONSIBILITIES
- Review KYC documents to ensure they meet the requirements set out by applicable regulations and policies, and advise internal stakeholders on KYC related queries.
- Support Service Operations teams by reviewing flagged alerts in systems, such as World-Check and Qual-ID.
- Advise on enhanced due diligence (EDD) requirements and escalate high-risk clients to the Financial Crime Compliance team as necessary.
- Verify entity client due diligence (CDD) during onboarding.
- Assist in ongoing monitoring and review of CDD records, working closely with internal stakeholders to remediate any deficiencies.
- Maintain compliance records in relation to High-Risk Jurisdictions, Politically Exposed Persons, Client Risk Assessments, EDD and Senior Management Approval.
- Manage supply chain due diligence, vendor and employee screening as required.
- Provide KYC support to Sotheby’s retail and marketplace operations.
- Update Management Information reporting data to ensure that accurate records are maintained.
- Support ad hoc compliance initiatives as required.
IDEAL EXPERIENCE & COMPETENCIES
- 2+ years’ work experience with an interest in learning about global financial crime regulations.
- Self-starter with unwavering attention to detail and willing to constantly strive for improvement.
- Excellent verbal, written communication, and presentation skills, as well as good interpersonal skills.
- Ability to prioritize in a complex, fast-paced environment, working on several different and varied projects simultaneously against tight deadlines.
- Highly motivated, proactive, enthusiastic, and resourceful.
- Ability to collaborate in a team environment as well as work independently.
- Proficient use of Microsoft Office Suite (Outlook, Word, PowerPoint, and Excel) or Google Drive.
- Bachelor’s degree or working toward a degree is preferred.
- Foreign language(s) proficiency is a plus.
Temporary KYC Analyst in London employer: the company
Sotheby’s is an exceptional employer, offering a dynamic work environment in the heart of New York City, where creativity and compliance intersect. As a Temporary KYC Analyst, you will benefit from a culture that values professional growth, with opportunities to engage in meaningful projects within a globally recognised brand. The company fosters a collaborative atmosphere, ensuring that employees are supported in their development while contributing to the integrity of the art and luxury market.
StudySmarter Expert Advice🤫
We think this is how you could land Temporary KYC Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Sotheby’s or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by researching Sotheby’s and its KYC processes. Show us you’re not just another candidate; demonstrate your knowledge about the company and how you can contribute to their compliance efforts.
✨Tip Number 3
Practice your communication skills! As a KYC Analyst, you’ll need to explain complex regulations clearly. Try mock interviews with friends or use online resources to sharpen your verbal and written skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in joining the Sotheby’s team.
We think you need these skills to ace Temporary KYC Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the KYC Analyst role. Highlight any relevant experience you have in compliance or financial crime regulations, and don’t forget to showcase your attention to detail!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about KYC and how your skills align with our needs at Sotheby’s. Keep it concise but impactful.
Showcase Your Communication Skills:As a KYC Analyst, communication is key. In your application, demonstrate your verbal and written communication skills. Maybe include examples of how you've effectively communicated complex information in the past.
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’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at the company
✨Know Your KYC
Familiarise yourself with the key concepts of KYC and AML regulations. Understand the specific requirements Sotheby’s has for client due diligence and be ready to discuss how your experience aligns with these expectations.
✨Showcase Your Attention to Detail
As a KYC Analyst, attention to detail is crucial. Prepare examples from your past work where you successfully identified discrepancies or improved processes. This will demonstrate your ability to maintain high standards in compliance.
✨Communicate Clearly
Practice articulating complex information in a clear and concise manner. You’ll need to explain KYC findings to various stakeholders, so being able to communicate effectively is key. Consider doing mock interviews to refine your skills.
✨Be Proactive and Resourceful
Sotheby’s values self-starters who can work independently. Think of instances where you took initiative in previous roles, whether it was streamlining a process or tackling a challenging project. Highlighting this will show you’re a great fit for their fast-paced environment.
