KYC Analyst - Remote

BCT Resourcing; City Of London; Remote; GBP 50,000 - 60,000; Full time

Job summary

A leading Fintech firm in London is seeking a KYC Analyst to join their expanding AML team. This role involves performing due diligence on new clients, documenting financial activities, and evaluating existing clients. Ideal candidates will have a degree and 2-3 years in a similar position, with strong analytical and communication skills. Competitive salary ranging from £50,000 to £60,000 per annum. Remote work options available.

Qualifications

• 2-3 years of experience in a similar position.
• Experience in KYC work within the financial services industry.
• Good understanding of AML and CTF framework.

Responsibilities

• Perform due diligence on new Clients and request KYC information.
• Document research and analysis related to Clients' financial activity.
• Evaluate existing Clients according to policies and procedures.

Skills

Strong research and analytical skills

Excellent communication skills in English

Good planning and time management

Education

Degree in a suitable subject

Job description

KYC Analyst – London / Remote – £50,000 - £60,000 per annum.

Our rapidly expanding client is a Fintech business in London looking for people to start as early as possible as they build out a large KYC AML team.

Responsibilities

• Perform due diligence on new Clients, request KYC information and documentation, review and verify received documentation, and make an analytical risk assessment for new Clients.
• Thoroughly and succinctly document the research and analysis related to the financial activity and related entities of Clients, for an audience that includes Management, Regulators, Internal Audit, Senior Managers and Internal Compliance.
• Periodically evaluate existing Clients according to established policies and procedures.
• Periodical review of KYC records as to completeness, verify that due diligence has been performed, that CBC (due diligence) standards are complied with, and that files and risk assessments are current and up to date.
• Investigate high risk clients and report where necessary, including Politically Exposed Persons, and obtain all necessary documentation to complete the client file.
• Process entries to open/close clients’ accounts on the KYC / Related Parties and CDD database, and instruct Client Desk to open/close accounts on the account level in Equation where applicable.
• Maintain continuous contact with customers to keep the customer file updated.
• Process amended client records on the KYC / RP and CDD database.
• Communicate effectively with relevant internal and external parties to obtain KYC documents.
• Have a thorough understanding of a client’s business and related parties to monitor client activity for unusual transactions.

Qualifications

• Degree in a suitable subject.
• 2-3 years of experience in a similar position.
• Experience in KYC work within the financial services industry.
• Good understanding of AML and CTF framework.
• Banking/Hedge fund industry and/or Trust business experience is an advantage.
• Experience with AML monitoring and screening is an advantage.
• Compliance qualification is an advantage.
• Strong research and analytical skills.
• Excellent communication skills in English, both verbal and written.
• Good planning and time management/prioritization skills.
• Perform further investigation on identified suspicious clients and client transactions and report to the KYC/AML compliance officer.