Our client a Prestigious International Bank are seeking a meticulous and proactive KYC Analyst to join their Private Banking department in Mayfair, London. This role is designed to support the department in completing initial and ongoing Customer Due Diligence (CDD) responsibilities, ensuring compliance with the Bank's policies and procedures to defined standards of timeliness and quality. This is a hybrid role requiring 3 days in the office.
Key Responsibilities:
- Support client onboarding and regular file reviews with Relationship Managers.
- Conduct due diligence and Enhanced Due Diligence (EDD) using various sources.
- Maintain accurate KYC records throughout the AML lifecycle.
- Validate and update information in the Bank's system, escalating discrepancies as needed.
- Meet targets for KYC reviews in terms of timeliness and quality.
- Act as the first line of defence against financial crime and ensure all actions are tracked and resolved.
- Stay updated on regulatory and KYC requirements.
- Report breaches or suspicions to Risk and Compliance departments.
- Execute controls to minimize risk and manage customer complaints.
- Complete mandatory regulatory training and pursue technical and behavioural competencies.
- Adhere to the FCA/PRA Code of Conduct and business continuity plans.
Qualifications:
- Proven experience onboarding Middle Eastern clientele.
- Fluency in Arabic.
- Experience in KYC/AML client onboarding, compliance, or risk is preferred.
- Strong analytical and problem-solving abilities.
- Excellent communication skills.
- Highly self-motivated, adaptable, and capable of meeting strict deadlines.