KYC/CDD Analyst
Posted Today by iXceed Solutions
Negotiable
Inside
Hybrid
London Area, United Kingdom
Summary: The KYC/CDD Analyst role at iXceed Solutions involves conducting thorough due diligence on prospective clients to ensure compliance with UK regulatory standards. The position requires expertise in KYC/CDD processes, particularly within financial crime operations, and entails collaboration with various teams to assess and mitigate financial crime risks. Initially fully onsite in Canary Wharf, London, the role may transition to a hybrid working arrangement after a few months based on performance.
Key Responsibilities:
- Conduct due diligence on prospective clients in line with UK Bank’s policies and regulatory expectations.
- Collaborate with the Transaction Monitoring team to review payment flows and identify risks.
- Assess and analyze financial crime risks posed by prospective clients.
- Support the adaptation and implementation of new policies and procedures.
- Draft and complete First Line Assessment reports for senior stakeholders.
- Review processes to identify areas for improvement.
- Collaborate with key stakeholders to align client information requests.
- Support additional processes, projects, and responsibilities within the CDD team.
- Produce and analyze MI to develop an effective monitoring and control framework.
Key Skills:
- Minimum 2-3 years of experience in Financial Crime Operations, specifically in KYC Due Diligence.
- Excellent written and verbal communication skills.
- Strong understanding of UK AML regulatory requirements and their practical application.
- Ability to draft clear and concise reports for senior stakeholders.
- Experience in assessing financial crime risks and collaborating with various teams.
- Proficiency in identifying areas for process improvement.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
About Us: Founded on the grounds of innovation – iXceed Solutions , is an ISO certified, leader in Talent and Digital recruitment solutions, serving fortune 100 companies globally. We have many global accolades to our credit – UK Enterprise Awards - HR Tech Startup of the year- Europe - 2022, UK IT Awards - Leading Talent & Digital Solutions of the Year 2022, Titan Awards- Entrepreneur of the Year -2023, Asia fastest growing HR tech companies in 2023, Iconic Brand of the Year in Staffing & Recruitment 2023, Top 4 The Most prominent Talent solutions firm to work with in 2024, Hottest HR Tech Startup by Business World, The Greatest Brands & Leaders Asia & GCC -2020 -2021 by AsiaOne and many more. Website : www.ixceed-solutions.com LinkedIn URL : https://www.linkedin.com/company/ixceed-solutions
Position: KYC/CDD Analyst
Location: Canary Warf, London, UK (initially fully onsite for few months then hybrid )
Contract Type: Contract InsideIR35, Depend on performance after few months will be Permanent role
Expertise in KYC/CDD, Good to explain risk profiling, related parties etc for corporate clients/trusts. FS – Experience is must.
KYC / Due Diligence Requirements: Minimum 2-3 years of experience in Financial Crime Operations including significant experience in KYC Due Diligence Excellent communication skills, both written and verbal Ensure the due diligence on prospective clients is accurate complete in line with the UK Bank’s policies and procedures and UK regulatory expectations. Collaborate with our Transaction Monitoring team to review payment flows and identify risks Assess and analyse the financial crime risks posed by prospect clients including but not limited through review of client financial crime frameworks Support in the adaptation and implementation of new policies and procedures. Draft and complete First Line Assessment reports on prospect clients in a clear and concise manner which can be easily interpreted by senior stakeholders. Have a strong understanding of the UK’s AML regulatory requirements and their practical application in relation to KYC/ CDD. Continually review processes with a view to identifying areas of improvement. Collaborate with key stakeholders to ensure there is alignment in client information requests. Willing to support and own additional processes, projects, and responsibilities within the Banks CDD team as required. Support in the production and analysis of MI to develop an effective monitoring and control framework