Description
Currently recruiting for KYC Analysts for a 6 month contract in Newcastle working with a large Financial services consultancy. Rates from £150-£200 per day depending on experience.
Responsible for completing KYC analysis and evidence gathering for new clients and the renewals of existing client relationships, compliant with standards, policies and procedures and international regulations. The role may involve interactions with Compliance, Client On-boarding and Sales team, and Data Management functions, therefore excellent inter-personal skills are required.
Key Responsibilities:
- Gathering data and supporting documents regarding clients from a range of independent data sources.
- Reviewing the information gathered and populating the Client KYC Profile with updated information.
- Identify data and documentation gaps and researching accordingly.
- Validating the clients' KYC risk profile and raising any points of concern, such as negative news.
- Produce a detailed client review write up in the KYC system.
- Ensure all required AML/KYC Regulatory requirements for existing clients are still in place.
- Liaise with other teams as necessary as part of the KYC renewal process, including the Quality Control (QC) team.
- Respond to feedback provided and re-work cases as required, based on feedback from QC.
- Escalate to the KYC Team Lead issues that may require Compliance and other relevant parties
- Monitor and track outstanding cases to make sure cases are completed within set target dates, escalating where appropriate.
- Follow global standard policies, procedures and tools.
- Adhere to agreed targets, KPIs, SLAs and confidentiality standards.
- Participate in training programmes to develop KYC knowledge relevant to each client and jurisdiction.