Client Onboarding Senior Analyst

Compliance Professionals; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading investment firm in the UK is seeking a Senior Analyst to manage the onboarding process for new clients. This role requires at least 5 years of experience in financial services and knowledge of regulations like CASS and MiFID II. You will be responsible for conducting KYC checks, ensuring compliance with policies, and providing guidance to the Front Office teams. The ideal candidate will possess strong analytical skills and the ability to train others within the department.

Qualifications

• Minimum of 5+ years in operations within the financial services industry.
• Understanding of industry regulations including CASS, MiFID II, COBS, and Consumer Duty.
• In-depth knowledge of policies and procedures relevant to the department.

Responsibilities

• Serve as the primary point of contact for the onboarding process.
• Conduct thorough KYC checks and due diligence on new clients.
• Monitor and track onboarding progress, addressing issues promptly.

Skills

Wealth management/private banking experience

Regulatory Knowledge

Operational Knowledge

Ability to create and deliver training sessions

Analytical skills

Education

Investment Operations Certificate

Job description

THE COMPANY:

Our client is a UK-leading investment firm, specialising in private client services.

THE RESPONSIBILITIES:

• Serve as the primary point of contact for the Front Office teams during the onboarding process, assisting with queries and client requests.
• To undertake timely reviews of new client application documents for all client types, ensuring AML requirements are adhered to.
• To undertake Anti-Money Laundering checks for new clients, reviewing and discounting AML and sanctions alerts.
• Conduct thorough Know Your Customer (KYC) checks and due diligence on new CDD and EDD clients, composing reports for potential clients where required.
• To ensure timely establishment of new accounts, ensuring client data is accurate and JM Finn procedures are adhered to.
• Ensure a seamless transition from onboarding to ongoing account management.
• Ensure Management Information is maintained regularly and recorded accurately.
• Processing changes of service requests, review Power of Attorney documents, and deceased client documentation.
• Provide guidance to the Investment Management and Investment Operations Departments in relation JM Finn policies and procedures regarding maintaining client data and onboarding.
• Action regular control tasks and participate in ad-hoc projects.

Additional tasks – Senior Analyst:

• Develop and maintain onboarding procedures and documentation.
• Monitor and track onboarding progress, addressing any issues or concerns promptly, and ensuring correct escalation routes are adhered to.
• Monitoring daily workflows within the team to ensure both regulatory and internal deadlines are met.
• Checking and authorising of daily work within the team and assist with daily processes where required.
• Ability to create and deliver effective training sessions for others in the Department.
• Assist with analysis and presentation of Management Information and reporting.

EXPERIENCE REQUIRED:

• Wealth management/private banking experience
• Investment Operations Certificate: Preferred to evidence the individual knowledge of the whole industry and dedication to their own career.
• Internal Regulatory Competency: In the absence of the IOC individuals can complete the internal competency exam to show the required level of understanding of regulation, process and risk requirements.
• Experience: Minimum of 5+ years in operations within the financial services industry
• Operational Knowledge: Covered multiple functions/operational areas. In-depth knowledge of the policies and procedures relevant to the department
• Regulatory Knowledge: Understanding of industry regulations including, but not limited to, CASS, MiFID II, COBS, and Consumer Duty.

For further information please contact Hannah Tabatabai