Our client is looking for a Senior Sanctions and KYC Analyst who will support the Group Compliance Officer on a range of day to day compliance duties, to ensure the business continues to meet its regulatory obligations across the globe.
Job Title: Senior Sanctions and KYC Analyst
Salary: £60,000
Location: London - Hybrid
Key responsibilities:
- Provide focused specialist sanctions advice to the business taking into account business/customer needs, external best practice and regulatory requirements.
- Carry out research and provide policy advice on sanctions related issues including legal and regulatory developments and guidance.
- Carrying out a KYC risk assessment on new and existing counterparties. Including reviewing, and where applicable, challenging the KYC information provided, where necessary.
- Contribute to continuous improvement of sanctions and KYC processes.
- As determined by the Group Compliance Officer attendance at sanctions/KYC related seminars, conferences, and market forums.
- Where required, assisting the Group Compliance Officer with the review and distribution of TOBAs across the business.
Key candidate's skills:
- Minimum of three to four years' experience in a sanctions role within the Insurance market, preferably with a knowledge of the Marine market.
- Detailed knowledge of sanctions regimes and international licensing, within specific attention to UK, EU or US requirements.
- Ability to complete a KYC process on a counterparty and reach a conclusion.
- Understanding of the application of Terms of Business Agreements (TOBAs) and the ability to review and agree these in line with regulatory requirements.
If interested please get in touch.