Onboarding Specialist

3 weeks ago


London, United Kingdom eFinancialCareers Full time

**Responsibilities**:

- Day to day duties will include conducting Client Due Diligence (CDD) at both on-boarding and on-going review stages under the guidance of Head of Onboarding, involving performance of KYC checks, conducting sanctions and PEP screening, adverse media screeningand completion of risk assessments.
- Provide general advice to Sales teams on KYC/CDD requirements and status of accounts.
- Ad hoc functions relating to KYC including name changes; re-opening of accounts, collation of data for on-going reviews, remediation of existing client files as and when required by regulatory changes.
- Perform and analyse due diligence checks and assess underlying ML/TF/reputational and other KYC risks as part of client on boarding and ensure risks are appropriately considered and mitigated with the relevant stakeholders.
- Undertake and assess adverse news and sanction information as they relate to client on boarding as well as ongoing name screening, ensure issues are raised to the relevant stakeholders.
- Review MiFID classification, (as well as MAS, ASIC and other classifications, where required) of the client and confirm that the classification is correct in light of the nature of trading activities conducted by the client.

**Skills/Experience Required**:

- Minimum 4 years’ experience within the financial sector environment and practical experience of KYC AML processes.
- Experience of conducting customer on-boarding at a financial institution
- Good understanding of UK anti-money laundering requirements and JMLSG; knowledge of requirements under ASIC, MAS and CySec regimes would be advantageous.
- Good understanding of various legal entity structures (limited companies, partnerships, funds, supranational organisations, SPVs) and related Money Laundering/Terrorist Financing/reputational risks.



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