Institutional Onboarding Analyst

JR United Kingdom; Chesterfield; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading company in alternative banking solutions is seeking an Institutional Onboarding Analyst to ensure compliance with regulatory requirements. The role involves KYC/CDD investigations, risk assessments, and working collaboratively within a fast-paced environment to support client onboarding. The successful candidate should have a strong grasp of FCA regulations and experience in compliance, particularly in investment funds.

Qualifications

• At least 2 years’ experience in compliance, especially in banking or investment funds.
• Deep understanding of FCA regulations, MiFID II, AIFMD, AML/CFT.
• Operational knowledge of transaction products processed.

Responsibilities

• Conduct detailed KYC/CDD investigations on new clients.
• Screen clients using automated tools and escalate potential issues.
• Manage suspension or closure of client accounts as needed.

Skills

Attention to detail

Analytical thinking

Knowledge of FCA regulations

Understanding of financial crime trends

Job description

About Us

Argentex is a global specialist in currency risk management and alternative banking solutions for businesses and financial institutions. Established in 2012 and headquartered in London, Argentex is listed on London’s AIM market since 2019, with operations in Amsterdam, Dubai, and Australia, supported by approximately 180 staff. We are FCA regulated.

About the Role:

We are seeking a highly collaborative and diligent Institutional Onboarding Analyst to join our Onboarding team. This role is crucial in ensuring Argentex complies with all regulatory requirements, focusing on alternative investment funds (AIFs) and other alternative transaction banking services.

The successful candidate will support the compliant onboarding of funds and banking clients by assisting in implementing and monitoring compliance policies, with emphasis on AML, KYC, and cross-border regulations.

This position requires a strong understanding of alternative banking and investment fund structures, working closely with internal teams to mitigate risks and ensure compliance with global financial regulations.

Key Responsibilities:

• Conduct detailed KYC/CDD investigations on new clients, including enhanced due diligence for high-risk clients.
• Screen clients using automated tools, investigating and escalating potential sanctions or PEP matches.
• Verify client identification, proof of address, and source of funds/wealth documentation.
• Perform regular risk assessments, especially regarding cross-border transactions and AIF structures, and suggest risk mitigation strategies.
• Identify and pursue new business opportunities within the client portfolio, focusing on reactivations and referrals.
• Assess client risk profiles and determine ongoing monitoring levels.
• Manage suspension or closure of client accounts.
• Reactivate or refresh institutional client accounts as needed.
• Communicate effectively with sales and internal departments regarding onboarding matters.
• Investigate financial crime suspicions and escalate findings appropriately.
• Respond promptly to internal inquiries and resolve onboarding issues.

Who are we looking for?

• At least 2 years’ experience in compliance, particularly in alternative transaction banking or investment funds.
• Knowledge of Financial Crime trends and developments, including AI and technology impacts.
• Deep understanding of FCA regulations, MiFID II, AIFMD, AML/CFT, and related financial regulations.
• Ability to work in a fast-paced, collaborative environment.
• Operational knowledge of transaction products processed for clients.

Inclusion

At Argentex, diversity and inclusion are fundamental. We encourage individuals from all backgrounds to apply and believe that diversity fosters innovation and resilience. If you meet some criteria but not all, we still welcome your application—potential and growth are valued.

Next Steps:

If interested, please apply or email [emailprotected]. We are happy to assist you through the recruitment process, whether providing application formats or additional support. Contact us via telephone, email, or face-to-face.