Client File Reviewer , CDD Analyst , AML , Wealth Management , 9M FTC
Posted 2 weeks ago by JJ SEARCH LIMITED
£35,000 Per year
Undetermined
Undetermined
London Area, United Kingdom
Summary: This role is a 9-month fixed-term contract for a Client File Reviewer/Client Due Diligence Analyst at a prominent Wealth Management firm. The successful candidate will be responsible for assessing client AML risks, ensuring compliance with due diligence requirements, and maintaining accurate client records. The position requires effective communication with clients to gather necessary information and perform thorough reviews of client files.
Key Responsibilities:
- Re-risk client relationships using the AML risk rating tool.
- Conduct Client Due Diligence completeness checks and data gap analyses.
- Ensure client files are complete and up to date, including Source of Wealth and Source of Funds information.
- Collect missing information and communicate effectively with clients.
- Review account activity to ensure compliance with expectations.
- Document account structures accurately and maintain records in Avaloq for overnight screening.
Key Skills:
- 1-3 years of experience in a Client File Review / Client Due Diligence role within Wealth Management or Investment Management.
- High level of accuracy and attention to detail.
- Excellent understanding of compliance and regulatory awareness.
- Proficient in Word, Excel, and Outlook.
- Knowledge of the Avaloq system is useful.
- Effective communication skills.
Salary (Rate): £35,000.00 yearly
City: London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
The Company An established and widely known Wealth Management firm servicing Investment Management needs to High-Net-Worth Clients.
The Role This role is a 9 month FTC This a great opportunity to join a widely known Wealth Management firm. The successful candidate is to ensure that the business has a comprehensive understanding of each client and the AML risk which they pose to the Wealth Management business. The Client File Reviewer/Client Due Diligence Analyst will confidently re-risk the client relationship using the AML risk rating tool, as well as focusing on the review of client files. The Client File Reviewer/Client Due Diligence Analyst is to undertake a Client Due Diligence completeness check/data gap analysis checking that Client Due Diligence is appropriate for the level of risk which the client poses to the Wealth Management company -ensuring it is complete and up to date and that Source of Wealth and Source of Funds information is complete. The Client File Reviewer/Client Due Diligence Analyst will collect missing information and chase any requested information by confidently communicating with clients. The Client File Reviewer/Client Due Diligence Analyst is to undertake a review of the activity on the account, making sure it is always keeping within expectations. As well as ensuring that the account structure is correctly documented and that all parties are stored in Avaloq, to be included in the overnight screening.
The Candidate 1-3 years experience in a similar Client File Review / Client Due Diligence role within a Wealth Management or Investment Management company. High level of accuracy/attention to detail – quality output Excellent understanding of relevant Compliance and awareness of regulations (to be developed in the role) escalating areas of concern or issue in a timely manner. Proficient in Word, Excel and Outlook Knowledge of the Avaloq system - useful Effective communicator, with good communication skills