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 3 years, low risk clients every 5 years.
Review of client static data, including:
Ongoing management and maintenance of client data standards;
Central archiving of the physical mandate files;
Central scanning of client files onto our EDMS solution.
The successful candidate will have:
Sound understanding of the UK regulatory environment with regard to financial crime prevention - FCA Financial Crime Rules & Guidance, UK Money Laundering Regulations, UK Bribery Act, FATF and JMLSG Guidance
A University degree.
5+ years experience operating in a Client On-boarding or KYC Remediation function within a Financial Services organisation, including Static Data and KYC/DD experience.
Knowledge of the wide range and complex variety of trust/ SPVs /corporate structures is an advantage.
Understanding of USA PATRIOT Act, Bank Secrecy Acts and other AML regulatory frameworks