Junior Due Diligence Analyst

THE COMPANY:

We are working with a leading Lloyds Broker who are looking for a Junior Due Diligence Analyst to join the team.

The firm are based in the city close to Tower Hill Tube Station, operating a hybrid working pattern of 3 days in the office, 2 at home.

THE RESPONSIBILITIES:

• Verification of Due Diligence information received, at initial Account onboarding, and later at Due Diligence reaffirmation stage through Internet searches and applications.  Using Sanctions & Regulatory Checking database (World Check) to establish if there are reputational or sanction related issues.  To form a risk-based decision that is appropriate and auditable and create applicable BMS broking system accounts thereafter.
• Ensure that during the process, any identified ‘High Risk’ cases from due diligence or sanction exposure are escalated to DDMS management.
• Ensure that during the process, any identified ‘Politically Exposed Persons or State-Owned Entities are correctly identified and recorded within World Check and escalated within DDMS as appropriate.
• To follow department rules and procedures to ensure that Due Diligence performed and reaffirmed, is in line with the timescales within the company procedures.
• Ensure excellent service and compliance using meticulous checking and organisation.
• Advising the business day-to-day as required on policy application and interpretation.

EXPERIENCE REQUIRED:

• 1 – 2 years’ experience within KYC and had focus on CDD within the insurance or financial service space.
• Understanding of how you would implement the processes and procedures for onboarding clients from varying risk profiles and be able to clearly demonstrate and explain this.
• Ability to commute to the office 3 days a week.
• Experience with sanction screening tools.

For further information, please contact Jordan White