Description
KYC ANALYST
My client are looking for a KYC analyst to carry out an initial 6 month contract based in Luxembourg.
The ideal candidate will be well versed withing the below skills:
Accountabilities
*Understand and implement EMEA CDD standards
*Ensure that the KYC checks on clients are undertaken in accordance with EU laws and regulations, and corporate policy as appropriate
*Provide KYC advisory services to the lines of business operating in region
*Assist with preparation for internal and external regulatory exams and audits
*Responsible for developing and delivering management information on a scheduled and ad hoc basis
New Client Team Responsibilities
*Work with the team leads to ensure there are no backlogs in client on boarding
*Investigate ownership and control to identify all ultimate beneficiaries and possible PEPs for KYC and risk management purposes
*Assist the business in obtaining updated information and documentation required to meet legal and regulatory money laundering identification obligations
*Liaise with various support departments including Operations and Legal as necessary regarding client set-up
*Ensure accurate KYC/AML information is recorded regarding source of funds and expected account activity, where appropriate, for risk management purposes
*Liaise with the client where necessary in order to provide a clearer understanding of our requirements
Review Team Responsibilities
*Ensure that the KYC review process is operating smoothly, that adequate checks are being conducted on a timely basis, and that records are being recorded and maintained in accordance with relevant EMEA laws, rules and regulations, and firm policies as appropriate
*Liaise with other KYC review functions being performed within EMEA where required
*Assist the business in obtaining updated information and documentation required to meet legal and regulatory money laundering identification obligations
*Ensure accurate KYC/AML information is recorded regarding source of funds and expected account activity, where appropriate, for risk management purposes
Requirements:
* Solid KYC experience, with good understanding of KYC & AML requirements for various client types (ideally 5 years+)
* Knowledge and understanding of KYC laws, rules and regulations in EMEA and some knowledge of the global KYC/AML regulatory environment.
* Experience of managing a team working in a high pressure environment, working to tight deadlines and displaying efficiency and effectiveness on a daily basis.
* Experience dealing with Front Office staff, preferably in an investment bank
* Good knowledge of Joint Money Laundering Steering Group Guidance Notes & the Money Laundering Regulations as they relate to KYC.
* IT literate - including MS Office Suite
If interested please get in touch via your CV below please