A prestigious private bank with a significant and growing presence in the UK is seeking a KYC Analyst (Contract Role).
About the Role:
You will serve as an in-house KYC SME and will build expert knowledge of the client management systems and screening tools.
Key Responsibilities:
Periodic Client Reviews (PCRs) and Trigger Event reviews:
Preparation of the KYC Memo for all clients at the required run rates.
Ensure all information is collated and correctly filed in the appropriate systems.
Engage with client outreach, following up for any outstanding information required to complete a PCR to the required standard.
Refresh of due diligence and KYC information as required.
Updated tax information
Obtaining CDB forms
Liaison with the Front, Middle Office and Compliance on any queries (e.g. transaction activity over the period, any change in circumstances), and documentation requirements.
Prepare files for relevant committees where required.
Ensure client data is correct and filed in the appropriate system(s)
Ensure that any account conditions are followed up within deadlines.
Governance and Reporting:
Report on any issues or concerns relating to a client file to senior management and in line with legal obligations.
Ensure that APBs/RMs/Team Leaders are engaged and remain accountable for the client files.
Relationship building:
Build collaborative and positive working relationships with Clients, Wealth Management teams, Business Management Office, Middle Office and Compliance colleagues.
About You:
Extensive experience within KYC space in a wealth management/private banking environment or similar
Excellent knowledge of AML/KYC as well as due diligence for Complex Structures.
Experience of working on KYC related projects/Customer Due Diligence remediation projects is essential.
Strong understanding of UK and international financial crime regulations, including AML, CTF, sanctions, and anti-bribery and corruption laws.
For further information please contact Natalie Eshelby
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