Counterparty Onboarding Analyst: KYC: Global Energy Co

Job type:
on-site
Start date:
ASAP
Duration:
6 months Initally
From:
Eaglecliff Recruitment
Location:
London
Published at:
10/22/2020
Country:
flag_no United Kingdom
Project ID:
1986640

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World Leading Global Energy Trading Company has an exciting opportunity for a Counterparty Onboarding Analyst to join its new and expanding team. You will help support the team to prioritise, request and manage counterparty onboarding requests in/with Trading and Supply Products Business and support demand management. This role would suit someone with 2-3 years KYC/Financial Crime experience who is able to demonstrate superb stakeholder management skills.

Main Accountabilities:

*Act as business rep/focal point for issues or feedback and current status of request

*Explain how E2E process works to business, and set expectations on timescales

*Explain what documents are required and why

*Chase to ensure resolution of issues or delayed requests eg Counterparties not sending documentation in a timely manner

*Check Counterparty (single counterparty list/MDN/GT) doesn't exist

*Determine request type (create or update or other) enter requests in MDN (ensuring that the appropriate regulatory classification EMIR, MIFIDII, REMIT etc. is provided and chased if not for financial Counterparties)

*Translate/or arrange to translate documents received from Counterparty

*Tax: Validate Tax number and request Tax approval if required (to be determined after discussions with Tax)

*Request all relevant documentation including required Financial Crime documentation (as per document collection Matrix), Credit and where necessary conduct Counterparty outreach (data privacy reqs understanding)

*Credit: Latest audited financials

*Tax: collect relevant tax information upon onboarding and at relevant review times

*Coordinate with KYC: on their checklist for Initial Due Diligence/Enhanced Due Diligence

*Coordinate with FO Data: MDN request/W8 & W9 US tax forms/banking forms

The Candidate:

* 2-3 years experience within KYC/Financial Crime

*Relevant experience in counterparty onboarding process for T&S

*Excellent communication skills and customer facing experience/Mindset

*Ability to collaborate with business and functional stakeholders to enhance their understanding of the T&S onboarding process

*Ability to research publicly available information and undertake counterparty outreach to obtain required documentation for Counterparty Due Diligence

*Ability escalate issues and/or complaints as required

*Deep understanding of the MDN tool and the E2E onboarding process

*Deep understanding of the tax verification requirements for counterparty onboarding

*Skill to understand the MI reporting to be able to compare against relevant SLA status

*Mindset to continuous improve the process efficiency and work effectively with the KYC team to ensure maximum effectiveness and compliance with the onboarding process.

This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely.

We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.

Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.