KYC Onboarding Contractor

Taylor James Resourcing; City Of London; On-site; GBP 45,000 - 55,000; Full time

Job summary

A financial services recruitment agency is seeking a KYC Investigation and Onboarding Contractor in London. This role involves performing KYC onboarding, conducting due diligence, and ensuring compliance with AML regulations. The ideal candidate has at least 3 years of experience in KYC and AML within the corporate financial services industry. The position offers a salary between £45,000 and £55,000 per annum.

Qualifications

• 3+ years of relevant experience in AML/KYC/compliance.
• Experience with EMEA KYC/AML regulations.
• Excellent written and verbal communication skills.

Responsibilities

• Perform KYC onboarding and due diligence.
• Maintain audit trail of actions.
• Identify and analyze AML risks during client onboarding.

Skills

KYC Due Diligence

AML regulations

Risk management tools

Communication skills

Microsoft Excel

Job description

Overview

The KYC Investigation and Onboarding Contractor role involves performing KYC onboarding, maintenance and off-boarding activities for all group entities.

Responsibilities

• Undertake and perform KYC Due Diligence on clients and counterparties as part of the team’s case queues (including on projects and complex clients) in line with the company’s policies and procedures in compliance with applicable sanctions and AML laws and applicable regulations.
• Keep and maintain an audit trail of actions undertaken.
• Assist in the execution of ad-hoc projects as required.
• Escalate issues in a timely manner to operational management and process owners.
• Participate in all mandatory online or classroom trainings on departmental or individual level.
• Maintain and keep up to date all relevant KYC data and records held within internal document repositories, databases/systems, progress trackers etc used by the KYC team, ensuring appropriate audit trail is captured. Perform periodic reviews for clients by confirming KYC data requirements, collecting relevant KYC.
• Assist to identify and analyse AML and sanctions risks associated with onboarding, maintenance and off-boarding of clients, paying special attention to any potential red flags, heightened risks and operational issues which should be escalated to the Head of Client Onboarding, Compliance and Group General Counsel as appropriate.
• Work effectively with key internal stakeholders using strong influencing skills to ensure the mutually satisfactory resolution of key issues and that the respective responsibilities are understood, agreed, and escalated where required.
• Assist in maintaining all relevant KYC policies, procedures and process documents, training materials, handbooks and other literature, ensuring continuous improvement and standardization.
• Assist to identify areas for process improvement, efficiency enhancement, and automation to optimize KYC operations and efforts to deliver better outcomes.

Qualifications

• Ideally you will have at least 3+ years of previous relevant work experience (AML/KYC/compliance related) within the corporate financial services industry, a regulated services industry or KYC departments of trading/broking/shipping companies.
• Experience with EMEA jurisdictional KYC/AML regulations.
• Previous usage of business tools for risk management - with a focus on anti-money laundering.
• Flexible and self-motivated, with ability to work on multiple projects simultaneously.
• Ability to effectively execute ideas and results to diverse business and technical audiences.
• Excellent written and verbal communication and presentation skills.
• Professional Compliance Qualification – desirable but not essential.
• Advanced Microsoft Outlook/Word/Excel skills.

Contract details

Date: 30 Oct 2023
Sector: FINANCIAL MARKETS
Type: Contract
Location: London
Salary: £45000 - 55000 per annum
Email: [e-mail]
Ref: db4861345