Banking

KYC Analyst – Private Banking (Arabic Speaking)

Published:
23rd February 2023
Location:
City of London, United Kingdom
Category:
Banking  
Job Type:
Role:
Compliance

Description

Prestigious International banking client based in the West End is seeking Private Banking KYC expert to join their existing team. You will be part of the banks Client On-boarding team. Please make it clear in your CV if you have worked specifically in Private Banking / Wealth / HNW individuals. You must be able to read and speak Arabic fluently

This is a 9- 12 months Fixed Term Contract

The role of the Client On-boarding, KYC/DD is to ensure the bank is compliant with all relevant UK regulation, London Branch and Group Anti-Financial Crime policies. All new client relationships for London are processed within the team and its performance has a direct impact on the businesses ability to realise revenue opportunities. Consequently, the position involves a high degree of contact with front office stakeholders. The documentation for our new and existing client relationships will require review by the team and any subsequent updates of KYC/CDD/EDD profiles and supporting due diligence checks will be need to be carried out within the agreed TAT/SLA.

Overview

  • Initially there will be a certain amount of project work involved with this position, particularly around initiating the process of periodic reviews and updating static data and management information.
  • Review of Client Static Data ensuring details are updated as applicable and relevant, as part of on-going maintenance and client review.

Key responsibilities:

New client onboarding including:

  • Full KYC information and supporting documentation including screening of names and associated parties;
  • Applying the AML risk rating methodology in addition to full compliance with the Group’s AML Policy and Procedures;
  • Opening of new accounts on Intellect (and other applicable systems) and other static data requirements within the core Banking system.

    Periodic reviews of existing clients, including:
  • Annual reviews of High/PEP client relationships and any subsequent updates of KYC/CDD/EDD profiles and supporting due diligence checks including screening of names and associated parties;
  • Reviews of medium clients as above but every 2 years, low risk clients every 3 years.

    Review of client static data, including:

  • Ongoing management and maintenance of client data standards;
  • Completing/updating PEP Register;
  • Completing/updating Connected Parties Register
  • Central scanning of client files onto our EDMS solution.

Aisha Ishaq

  • 21 active jobs (view)
  • Senior Business Partner

    Refer a friend

Related Jobs