KYC Analyst Job Description Template
Our company is looking for a KYC Analyst to join our team.
Responsibilities:
- Ongoing monitoring, updating and screening systems for sanction lists and PEPs;
- Responsible for ensuring timely and accurate delivery of the end to end KYC/AML on boarding lifecycle service for new customers;
- Provide updates at regular meetings with internal stakeholders, such as Compliance, etc;
- Ensure customers classified in line with required policy standards and industry regulations;
- Managing personal workload and prioritising work efforts accordingly to meet business needs;
- Achieve operational goals set, and deliver against agreed targets in terms of quality and productivity;
- Ongoing maintenance/refresh of existing customer data;
- Preparing reports and analysis to be presented to senior Management as part of the Due Diligence and KYC processes;
- Conduct end to end review of KYC Records;
- Ensure the KYC/AML record is completed in compliance with Bank policies and procedures;
- Perform due diligence on customer documentation and information through internal and external sources;
- Assist with remediation projects / initiatives and report on progress as required;
- Carry out Quality Control checks on Underwriters and Case Managers for KYC and other processes;
- Engage with internal stakeholders/Compliance and ensure timely completion of records;
- Perform initial due diligence checks for potential new clients.
Requirements:
- An analytical mindset with the ability to understand what it means to take a risk-based approach to AML;
- Excellent knowledge of MS Office Suite, strong Excel skills essential;
- Decision-making and problem solving skills;
- Excellent attention to detail;
- Very strong teamwork skills;
- Business orientated;
- Data analysis and research;
- Experience working in a KYC/financial crime compliance role is beneficial, but not essential;
- Must have good planning and time management/prioritization skills;
- Capability to work autonomously;
- AML/KYC qualification;
- Familiar with various research methodologies and resources;
- A good understanding of the fintech space in which we operate;
- Preferred, not desirable – ACAMS, Any other prominent certification in AML/KYC;
- Communication skills.