Compliance & KYC Assistant

THE COMPANY: Our client is a leading international Bank based in the City. They are looking for a Compliance and KYC Assistant to join the team on a permanent basis.

THE RESPONSIBILITIES:

1. Carry out all assigned monitoring and control activities from the Compliance Monitoring Plan (CMP).
2. Carry out all assigned activities from the Compliance and AML Monitoring Plan.
3. Carry out screening for all new & changed individuals, suppliers and companies and validate due diligence.
4. Keep abreast of regulatory, legislative change and industry specific updates.
5. Carrying out simplified and enhanced due diligence, covering matters such as source of wealth, verification of beneficial ownership and ensuring timely review of all high risk and medium risk accounts on an ongoing basis.
6. Maintain regulatory laws and regulations data.
7. Maintain compliance with the corporate Compliance & AML programme.
8. Participate in ad-hoc Compliance projects.
9. Maintain database of regulatory and company websites.
10. Present regular overview of regulatory changes.
11. Maintenance of PEP register.
12. Support all employees with personal account dealing enquiries.
13. Manage incoming alerts from UK Companies House.
14. Support the Compliance team to prepare accurate MI.
15. Monitor and action incoming Sanctions Lists and maintain records.
16. Participate in ad-hoc Anti Money Laundering projects.
17. Prepare accurate and timely reports and MI as required.
18. Ensure the timely and accurate update of the KYC Customer database.
19. Review the adequacy of Enhanced Due Diligence (EDD), Customer Due Diligence (CDD), Know Your Customer (KYC), Know Your Business (KYB), source of funds, client information, client profiling and suitability during both onboarding and periodic review.

EXPERIENCE REQUIRED:

1. Exposure within a UK regulated Bank in a broad compliance role covering both regulatory and AML duties is essential, and not just pure 1^st LOD KYC.
2. Knowledge of UK banking laws and regulations.
3. Pro-active, results orientated, self-driven; ability to work independently and in a team, to solve problems in a constructive and timely manner.
4. Excellent interpersonal skills at all levels.
5. Excellent excel working knowledge.
6. Please note candidates with pure KYC experience will sadly not be suitable for this role.

For further information please contact Natalie Eshelby.