Job
Description
The KYC (Know Your Customer) Analyst is responsible for conducting customer due diligence (CDD) and enhanced due diligence (EDD) to ensure compliance with anti-money laundering (AML) regulations and internal policies. The role involves gathering, analyzing, and verifying customer information to mitigate financial crime risks. Key Responsibilities Customer Onboarding and Monitoring Conduct KYC checks for new and existing customers, including individuals, corporate entities, and high-risk accounts. Verify identity documentation and analyze ownership structures for corporate clients. Risk Assessment Perform risk-based assessments to categorize customers as low, medium, or high risk. Identify and escalate any red flags or suspicious activities. Documentation and Verification Gather and review customer information, including legal documents, identification, and proof of address. Ensure all data is accurate and up to date in compliance with regulatory standards. Regulatory Compliance Stay informed about AML and KYC regulatory changes. Ensure compliance with local and international regulations, including FATF, OFAC, and GDPR Reporting and Escalation Prepare and file Suspicious Activity Reports (SARs) when necessary. Escalate unresolved issues or potential risks to the Compliance or AML Officer. Collaboration and Support Work closely with internal teams, such as Compliance, Legal, and Risk, to resolve issues. Provide KYC training and guidance to junior staff, if required. Qualifications and Skills: Experience: 1-3 years of experience in KYC, AML, or compliance roles. Knowledge: Familiarity with AML regulations and KYC processes and understanding of financial crime prevention frameworks. Skills: Strong analytical and problem-solving skills, excellent attention to detail and organizational skills, effective communication and interpersonal abilities, proficiency in KYC tools and database systems. Preferred Qualifications : Certified Anti-Money Laundering Specialist (CAMS) certification, experience in conducting EDD for high-risk clients, Knowledge of UK and global AML/KYC regulations. Key Competencies : Risk awareness and attention to compliance, ability to handle sensitive information with confidentiality, strong decision-making skills under pressure. Educational Qualifications: Any Grad
