KYC Analyst

KYC Analyst

My international financial client seeks a KYC ( Know your customer ) Analyst to join the team on a contract assignment ( Inside IR35 ) This is a hybrid role with a mix of on-onsite and off-site working.

Tasks & responsibilities of the KYC Analyst

• Ownership front to back of CBL/CBF KYC process for RM/Sales function
• Initial outreach to client requesting documentation
• Uploading data to compliance portal and managing life cycle of KYC to completion
• Dealing with client queries and questions on CBL/CBF KYC process
• Dealing with Compliance queries/challenges on specific KYC cases
• Negotiating with client and compliance on achieving acceptable compromise position where a client cannot or will not provide standard KYC docs
• Track using the KYC Tool, current status of KYC , reporting to management and to be able to identify and escalate issues quickly, including identifying bottlenecks and highlighting poor turnaround times (both internal and external ) to expediate resolution of all outstanding KYC cases
• Regular calls/meeting with Account Admin teams in Luxembourg (Lux) and Frankfurt (FFT)
• Regular calls/meeting with Compliance (Ldn, Lux and FFT) to discuss progress and surface any issues
• Regular calls/meeting with Regional Director UK and team to report on progress
• Identify areas of process improvement to make the overall KYC process more efficient

Schedule of Work

• In period to end of year, close all remaining open KYC cases to satisfaction of all internal stakeholders, approx. 180 cases
• Maintain and upload all data to KYC tool for tracking purposes
• Ensure all reporting is done on a daily, weekly and monthly basis to track against overall target
• Close out any open issues with either client of compliance to ensure that all cases can be closed
• Prioritize all High risk KYC cases and any open control plans to be agreed with Compliance
• Identify at least three key areas of process improvement to streamline KYC

Qualifications/required skills

• Excellent communications and presentational skills
• Excellent organisational and time management skills
• Ability to innovate and simplify current processes and practices
• Strong team player willing to cooperate with multiple colleagues across departments and office locations
• Good knowledge of MS office. Excel and PowerPoint in particular
• Adaptability, ability to work in team, multitasking
• Business proficiency in written and spoken English is mandatory. Knowledge of any other European language would be an asset.