KYC Officer - Banking - London

Job Title: KYC Officer - Banking - London
Contract Type: Contract
Location: London, England
Salary: £350 - £400 per day
Reference: BBBH21198_1553796378
Contact Name: Anna Dunne
Contact Email:
Job Published: March 28, 2019 18:06

Job Description

An international Investment Banking Group is actively seeking a KYC Onboarding team lead.

Role Responsibilities

  • Manage the client on-boarding process and support the team with collecting, assessing and maintaining relevant data
  • Oversee the client periodic review process with risk based prioritisation.
  • Ensure that the business has adequate controls in place to mitigate the risk to money laundering, bribery and corruption
  • Sign off each new counterparty and ensure proper documentation evidence of KYC is obtained at the outset of the relationships.
  • Review policies and procedures to ensure that they comply with relevant rules and best practice on an ongoing basis.
  • Prepare the annual AML Risk Assessment and Tax Evasion Risk Assessment.
  • Produce Management Information for the MLRO, other members of senior management and relevant committees of the firm demonstrating the main activities of the team and highlighting any material risks.

Role Requirements

  • Experience of managing a KYC team or function.
  • Knowledge of KYC and wider Financial Crime processes and controls.
  • Experience of managing projects, especially implementation new KYC systems, policies or procedures.