KYC Analyst

Role Overview: KYC Analyst responsible for reviewing, assessing, and remediating customer files, transactions, and risk indicators to ensure compliance with Anti‑Money Laundering (AML), Counter‑Terrorist Financing (CTF), and broader financial crime regulations. The role focuses on identifying gaps in existing customer due diligence (CDD/KYC) files, performing enhanced due diligence (EDD) where required, and ensuring all remediation activities meet regulatory and internal policy standards.

Role Responsibilities:

• Review and update KYC/CDD files to ensure completeness, accuracy, and alignment with regulatory requirements.
• Customer Identification and Verification: Collecting, verifying, and authenticating identification documents for new and existing clients, including individuals and corporates (beneficial ownership, source of funds/wealth).
• Conduct transaction analysis as part of the review of remediating customer files.
• Conduct relevant screening where applicable to ensure the remediating customer file is complete.
• Identify missing documentation, outdated information, or inconsistencies in customer profiles.
• Perform EDD reviews for high‑risk customers, including PEPs, high‑risk jurisdictions, and complex corporate structures.
• Conduct risk assessments on customer accounts using internal risk models and regulatory guidance.
• Investigate unusual activity and escalate potential suspicious behaviour.
• Draft and submit Suspicious Activity Reports (SARs) where required (depending on jurisdiction and role seniority).
• Ensure all remediation actions are logged, documented, and auditable.
• Maintain accurate records in case management systems.
• Liaise with CDD team or relationship managers to obtain missing information.
• Apply knowledge of AML/CTF regulations (e.g., UK Money Laundering Regulations, JMLSG, FATF guidance).
• Ensure remediation work aligns with internal policies, risk appetite, and regulatory expectations.
• Work closely with Compliance, Financial Crime, Operations, CDD and Front Office teams.
• Provide clear explanations of remediation requirements to non‑technical stakeholders.
• Participate in project meetings and contribute to process improvements.
• Customer Risk Assessment (CRA): Performing risk profiling on clients to determine their money laundering exposure.
• Alert Investigation: Investigating flagged activity by reviewing customer records and internal/external data.
• Escalation: Escalating AML matters and/or suspicious activity to the MLRO or CCO for potential Suspicious Activity Report (SAR) filing.

Skills and Knowledge Required:

• Strong understanding of AML/CTF regulations and KYC/CDD standards.
• Experience with remediation projects, periodic reviews, or onboarding specifically in high‑risk jurisdictions like West Africa, BVIs.
• Familiarity with screening tools (e.g., Accuity, LexisNexis).
• Ability to interpret corporate structures, UBOs, and complex ownership chains.
• Strong investigative mindset with the ability to identify red flags.
• High attention to detail and accuracy.
• Ability to assess customer risk and apply judgement in ambiguous situations.
• Clear written communication for drafting case notes and SAR narratives.
• Ability to explain regulatory requirements to stakeholders.
• Proficiency in Excel and general data handling.

Academic and Professional Qualifications:

• Educated to a degree level or equivalent.
• Compliance or AML related qualification desirable.

Language and Numeric Skills:

• Excellent command of the English language with strong written and verbal communication skills and ability to communicate effectively across all levels; numeric aptitude desirable.

This is a temporary 6 month Fixed Term Contract position, paying up to £60,000 based on experience.