KYC CDD Operations Analyst – Anti-Money Laundering

Bank of America; Bromley; On-site; GBP 30,000 - 45,000; Full time

Job summary

A global investment bank in Bromley is seeking an experienced KYC/CDD Operations Analyst to join their expanding Anti-Money Laundering team. The role involves conducting client due diligence, performing KYC/CDD checks, and collaborating with various teams. Candidates should have strong AML experience and excellent communication skills. This position offers competitive benefits and a supportive work environment.

Benefits

Private healthcare

Competitive pension plan

20 days of backup childcare

Flexible benefits options

Emotional wellbeing helpline

Volunteer opportunities

Qualifications

• Experience in a process-oriented production environment.
• Ability to organise work and handle multiple assignments simultaneously.

Responsibilities

• Conduct client due diligence and enhanced due diligence.
• Perform KYC/CDD checks on clients as per requirements.
• Liaise with sales/client outreach teams for document validation.
• Review client documentation and perform refresh/remediation.
• Participate in internal/external audits and quality checks.

Skills

Anti Money Laundering

Know Your Customer/Client Due Diligence

Excellent verbal and written communication skills

Collaboration

Tools

MS Office Suite (Excel/Word/Outlook/Access)

Job description

Job Description:

Job Title: KYC / CDD Operations Analyst – Anti-Money Laundering

Corporate Title: up to Assistant Vice President

Location: Bromley

Here at Bank of America we are investing in the growth of our Global Operations business in Bromley. We are continuing to expand our Global Anti-Money Laundering (AML) team and are looking for multiple Technical Know Your Customer (KYC) / Client Due Diligence (CDD) Operations Analysts to join us.

The team supports the Global Markets (GM) and Global Corporate & Investment Banking (GCIB) businesses in completing KYC/CDD checks as well as maintaining client records.

Application Process

By applying to this advert, you are submitting your details to be considered for a number of open roles.

Location: Bromley

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description:

You will join a dynamic team and will be responsible for the completion of the AML KYC/CDD operational process on assigned clients and will become a technical expert in KYC/CDD procedures.

The environment is constantly changing as new procedures & initiatives are implemented and there will be the opportunity for you to contribute towards these exciting changes.

Responsibilities:

• You will conduct client due diligence and enhanced due diligence in accordance with internal policies, procedures and regulatory guidelines aligned to jurisdictions and/or client structures.
• You will conduct the KYC / CDD checks on clients that are part of the standard cycles or outside of the standard cycles due to a change in client or jurisdictional requirements.
• You will liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfil requirements.
• You will perform client refresh/remediation through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all requirements are met.
• You will participate in internal/external audits and quality checks.

What we are looking for:

• You will have Anti Money Laundering, Know Your Customer/Client Due Diligence experience.
• You will have experience performing in a process-oriented production environment that changes periodically.
• You will have the ability to organise work, prioritise tasks and handle multiple assignments simultaneously.

Additional Skills:

• Excellent verbal and written communications skills.
• Familiar with MS Office Suite (Excel/Word/Outlook/Access).
• Thrives in a collaborative team environment.

Benefits of working at Bank of America:

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.