KYC/AML Analyst (Periodic Reviews)

10th March 2023
City of London, United Kingdom
Job Type:
£30,000 - £35,000


Job purpose

Perform and manage account periodic reviews. To ensure timely delivery of Financial Crime date as first line of defence, which is part of the role of an account officer

Key responsibilities and accountabilities

  • World check /Adverse Media & Risk Rating: Know how to prepare these reports for account officers to enable you to produce accurate reporting for Regulatory purposes. To understand the meaning of the reports, to enable further investigation for AML purposes.
  • Trigger Events: To be able to assist the account officers when a 'triggerevent’ occurs on one of the accounts that have not been remediate, and potentially not used for some time.
  • Periodic Monitoring Administration: To ensure that all periodic reviews are captured, and each account officer is up to date with all reviews that are required on the customer base for High, Medium, and Low risk accounts.
  • Preparation of Periodic Review Process: To ensure that all Periodic Reviews that are due for processing are available for account officers to review the transactions during the period, ensure that the purpose of the account has not altered, and complete all other points for the account officer to review and sign off.
  • To ensure that updated information received is added to the Private Banking files & ensuring updates are processed on Equation, on a timely basis: To ensure that the Equation system accurately reflects the updated information and the risk status of the customer.
  • To prepare monthly statistics on work completed, and outstanding for management purposes on a monthly basis, or when requested.
  • To have the opportunity to cross train with other departments when timing permits.
  • Manage the periodic review team performance and allocate the reviews.
  • Coordinate the attendance and the leaves between the team.

Essential qualifications & experience

  • Good university degree (minimum UK 2:1 or equivalent)
  • Reasonable knowledge of KYC and AML regulations.

Ryan Kaye

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