KYC / CLIENT ONBOARDING – FINANCIAL INSTITUTIONS
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| Job Type | Permanent |
| Area | City, UK |
| Sector | BankingCompliance |
| Salary | £Competitive |
| Currency | GBP |
| Start Date | |
| Job Ref | VAC-12014 |
| Job Views | 635 |
- Description
- City-based international bank is seeking to strengthen their Financial Institutions department with the addition of a KYC / Client Onboarding Associate. Utilising your KYC / AML regulations experience you will be responsible for as performing KYC remediation of high, medium and low risk existing clients as well as conducting onboarding checks of new financial institutional. You will be responsible for managing the expectations of both internal and external stakeholders, including Relationship Managers, Client Services and Operations, whilst collaborating with staff across the bank, including legal, financial crime and risk management functions, ensuring that the above is achieved efficiently and consistently.
Key Responsibilities:
- Undertake procedures to meet due diligence (DD) and KYC (Know Your Customer) requirements throughout the client relationship lifecycle, whether trigger event driven or as part of a periodic review activity.
- Complete and document KYC reviews ensures they meet both internal and external regulatory and compliance standards.
- Work directly with the Business to ensure that all existing client relationships undergo the appropriate levels of client identification and verification, due diligence, sanction screening and documentary approvals
- Onboarding of new clients including form filling, direct client liaison, gathering information and documentary evidence to satisfy KYC, due diligence and other regulatory requirements
- Ensuring exceptional levels of service
- Effective issue identification, problem solving, decision making and escalation as required
- Effective stakeholder management
- Maintain technical understanding of regulatory and market requirements
Applicants will demonstrate experience of due diligence and onboarding financial institutional clients as well as a strong understanding of banking systems, research and workflow tools and a good knowledge of relevant banking regulations and compliance guidelines. The successful candidate will have a pragmatic approach to work with the ability to balance the needs of the business and client whilst meeting regulatory requirements. Solid Knowledge of financial crime and banking and regulatory frameworks is essential.