Senior KYC Analyst

ED&F Man Commodities; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

ED&F Man Commodities is seeking an experienced professional to ensure compliance with sanctions, AML, ABC, and CTF. You will perform due diligence on new counterparties, intermediaries, and service providers, including vessels, and work closely with the Head of Sanctions & AML to process red flags and ongoing monitoring.

The role requires knowledge of global sanctions regimes, experience with due diligence software, and collaboration with UK-based teams.

Qualifications

• Experience in due diligence/KYC within commodities.
• Proficiency with screening tools such as Dow Jones, BVD, Sayari.
• Fluent English and strong communication skills.
• Ability to translate regulatory requirements into practical solutions.

Responsibilities

• Conduct Due Diligence and Know Your Customer checks for onboarding and ongoing monitoring.
• Screen counterparty documents and data using external screening tools and independent research sources.
• Ensure completeness and quality of KYC data for regulatory, legal, bank and audit requirements.
• Identify and escalate red flags and sanctions risks; manage escalation of issues as needed.
• Liaise with Front Office, Credit, Legal and Operations as part of the KYC process.
• Maintain detailed counterparty records for audit and regulatory inspections.

Skills

KYC / Due Diligence

Sanctions & AML

Regulatory knowledge

Data analysis

Communication skills

Tools

Dow Jones

BVD

Lloyd's List

Sayari

Job description

An essential role in ensuring the group’s adherence to compliance requirements and industry legislation regarding sanctions, AML, ABC, and CTF reporting to the Head of Sanctions & AML. This role works with the business to process requests for due diligence on all new counterparties, intermediaries, and service providers (including vessels). This role demands knowledge of global sanctions regimes and experience in using due diligence software and screening tools to manage red flag alerts.

Business Overview:

Established in 1783, ED&F Man is an employee-owned agricultural commodities merchant with 2,800 people in 43 countries and annual revenue in excess of $8bn. We trade sugar, coffee, molasses, animal feed and pulses. Corporate responsibility is ingrained in our culture. We are passionate about sustainable production, take care to limit the environmental impact of our operations and actively support the communities in which we work.

Key Responsibilities & Tasks:

• Conduct Due Diligence and Know Your Customer (KYC), including AML, checks for the onboarding of new counterparties, and refresh/ ongoing monitoring for pre-existing counterparties as part of the ED&F Man Group Sanctions & Due Diligence policy and procedures
• Perform screening by reviewing counterparty documentation, trade capture data, and external screening tools and validating the information obtained on the counterparty using a variety of independent research sources
• Perform data quality review of KYC requests for completeness, including ensuring all appropriate information is contained in the KYC to meet all regulatory, legal, bank and audit requirements
• Execute and review negative media alerts from client screening and escalate where necessary.
• Understand sanctions risks and AML requirements, documentary red flags and approaches to mitigate risk during due diligence checks
• Perform additional due diligence on high-risk counterparties, or where a red flag has been raised
• Maintain detailed records on counterparties for second-level review, and internal audit/ external regulatory inspection
• Liaise with counterparties, Front Office, Credit, Legal and Operations as necessary as part of the KYC process
• Support process documentation exercise for all future regulatory changes and process improvements within the scope of KYC/ AML
• Prepare management information on number of counterparties screened, timeliness of screening, red flag rates, approval, and rejection rates for Head of Sanctions & AML
• Continuously develop knowledge of Sanctions and AML related regulations
• Act as the main point of contact for the Compliance Department in Bangalore
• Liaise with the London team to ensure smooth and timely handover
• Lead implementation of new processes and procedures locally in Bangalore
• Handle all initial escalations from Bangalore KYC team before approving or escalating
• Manage QC / QA process for the Bangalore team

Skills and Experience:

• At least 2-8 years proven experience in a due diligence/KYC role within commodities – physical trading preferably agricultural soft commodities although other commodities might be considered
• Experience of working with industry standard software such as Dow Jones, BVD, Lloyds List, and Sayari would be preferred
• Excellent communication and interpersonal skills. Fluent English is essential
• Analytical mindset with the ability to translate regulatory requirements into practical solutions
• Proficiency in strategic analysis
• Willing to work hours that accommodate business in the UK

Our Offer

We provide a fast-paced, stimulating and truly global environment, which will stretch your abilities and channel your talents. We also offer competitive salary and benefits combined with outstanding career development opportunities in one of the global leaders in soft commodity trading.

Our Values

Our values define who we are. They are the fundamental beliefs that determine our actions and guide our behaviour. They influence the way we communicate and collaborate, and define the way we engage with our clients, partners, and communities. Our values are underpinned by a set of essential behaviours, which form part of our performance management approach. Delivering on our objectives is very much about "what" we do, but these essential behaviours also provide a guide and measure for "how" we do things. Our performance essentials are Take Initiative, Self-Management, Deliver Results and Collaboration.

We are willing to make any reasonable adjustments throughout our recruitment process.

To apply you must have the right to work for the provided location.