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Polish Fluent- KYC/AML Analyst
- Posted 02 September 2020
- Salary £300 - £350 per day
- LocationCity of London
- Job type Interim
- ReferenceBBBH106408_1599081011
- Contact NameIan Christie
Job description
My client is looking for a Polish and Romanian fluent KYC/AML contractors.
The role involves client outreach and dealing directly with the end client for KYC remediation
The Client requires contractors for remediation of LOW/MED/HIGH Risk category files which are comprised of corporate clients based all around the globe.
The role will require the following experience:
- Review of existing KYC information and documentation held on file (repositories and document storage tools)
- Review of the existing Anti Money Laundering (AML) policy and related procedures to identify new requirements, tops up or renewal of information/documentation held on file
- Collating and reviewing KYC docs in accordance with the companies AML policy requirements to identify AML risks associated with the client, and assess overall risk
- Construction of KYC files with the required information and documentation in accordance with policy
- Notification to the relevant teams where client outreach is required for information/documentation which cannot be collected publicly.
- Escalation to the appropriate teams where information cannot be sourced or provided or where prior exceptions have been granted on existing files.
- Client Outreach where required. Communicating with clients and their clients to obtain information and documentation required to complete KYC/CDD reviews. Able to communicate reasons why certain documents are required.
- Carrying out checks of files before assigning to the Lead/Second Line for sign off and approval
- Doing screening using systems to identify Sanctions, PEPs, and Adverse Media in relation to the entities and related parties within the policy and procedure
- Ensure you keep accurate MI for the duration of the delivery to cover productivity, overall status, issues and escalations
- Experience (AML/KYC due diligence roles) within Capital Markets, Corporate /Investment Bank and Financial Institutions
- You will need knowledge of AML/KYC regulations and industry guidelines
- Understanding of the possible implications of financial sanctions on banks and financial institutions (OFAC, HM Treasury, EU and UN sanctions)