Ongoing Due Diligence Analyst

LGT Crestone Wealth Management Limited; City of Edinburgh; On-site; GBP 32,000 - 45,000; Full time

Job summary

LGT Wealth Management UK LLP is seeking an AML/KYC compliance professional to conduct periodic client reviews in line with FCA/JFSC guidelines. The role requires ICA AML qualification and at least three years of experience.

You will review due diligence, perform screenings, and maintain the periodic review tracker, ensuring timely action and accurate documentation. Based in Edinburgh, the successful candidate will work with the Investment Manager/Assistant and colleagues to ensure regulatory

Qualifications

• Strong working knowledge of AML/CDD requirements with ICA AML qualification and 3+ years in a similar role.
• Attention to detail is essential.
• Ability to work independently and in a team.
• Strong time management and organisational skills with deadlines.
• Good communication and teamwork for document feedback.
• Competency in Microsoft packages; training for in-house programs.
• Knowledge of current AML/CFT handbook legislation and practices.

Responsibilities

• Undertake periodic AML/KYC client reviews in line with FCA/JFSC AML/CFT guidelines and ensure documentation is compliant.
• Liaise with Investment Manager/Assistant to address action points and obtain fresh documents.
• Review Investment attestation on client circumstances.
• Perform Risk Grading review and interpret high/medium/low CDD factors.
• Manage periodic review tracker and report progress to management.
• Take on additional workloads and administrative tasks as required.

Skills

AML/KYC knowledge

Attention to detail

Time management

Communication skills

Team collaboration

MS Office

Regulatory knowledge

Education

ICA AML qualification

Tools

Microsoft Office

Job description

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham, Bristol and Manchester. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.

Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £30 billion in funds under management and circa 700 staff.

Job Description

Key Responsibilities:

• Undertaking periodic AML/KYC client reviews in accordance with the periodic review schedule including:
  • Complete review of client due diligence to ensure the documentation and information collected is accurate and ensuring they are in line with our group policy and compliant with local regulatory guidelines set by the FCA and JFSC AML/CFT Handbook, including checking ID&V
  • Ensure that our files are compliant with all applicable regulatory and AML/CFT requirements
  • Perform screening of relevant individuals and entities using SmartSearch/LexisNexis/Google
  • Review recent transactional activity against client profiles
  • Review the Structure Chart of accuracy to ensure all parties are noted on files/systems
• Liaise with the Investment Manager/Assistant to ensure all action points are addressed, remediated and documentation/information is obtained in a timely manner, obtaining fresh documents is expired/missing
• Review Investment attestation on client circumstance
• Perform Risk Grading review and be able to interpret information relating to H/M/L CDD risk factors
• Manage and maintain the periodic review tracker and update management of progress, ensuring that targets are met at all times and quality outputs delivered
• Managing allocated workloads and pro-actively take on additional responsibilities and administration tasks, as required by your manager

Requirements

Key Skills and Technical Requirements:

• Strong working knowledge of AML/CDD requirements - The ideal candidate will be ICA qualified in AML and have at least three years’ experience in a similar role.
• Attention to detail is essential.
• Ability to work effectively both independently and as part of a team.
• Strong time management and organisational skills with an ability to meet deadlines.
• Good communication skills and the ability to work well in a team are important for collaborating with colleagues and providing feedback on documents.
• Competency in Microsoft packages. Training will be provided for other in-house programs, as required.
• Good knowledge and practical experience of current industry AML/CFT handbook legislation, regulation and operating working practices is essential.

Contact Information

For any further information please do not hesitate to contact us.

LGT Wealth Management UK LLP

Human Resources

Nicola Swatton