Summary: The KYC Officer role at a well-established overseas bank in London involves ensuring compliance with AML/CFT regulations through centralized account opening and maintenance. The position is full-time and office-based on a 6-12 month fixed-term contract, with potential for permanent placement. Key responsibilities include reviewing account applications, conducting due diligence, and liaising with internal teams to maintain accurate client records. The role requires strong organizational skills and a solid understanding of KYC processes within a financial institution.

Key Responsibilities:

• Review account opening applications, ensuring compliance with risk screening and sanction policies.
• Assess client documentation, verifying source of wealth and risk categorization.
• Conduct due diligence for high-risk accounts, including SPVs, charities, and individuals from high-risk jurisdictions.
• Liaise with Front Office and Compliance to ensure complete and accurate client records.
• Perform quality assurance checks and maintain internal tracking systems.
• Stay up to date with regulatory changes and contribute to process improvements.

Key Skills:

• Experience in client onboarding, KYC, or account opening within a financial institution.
• Strong understanding of AML, CFT, and risk assessment procedures.
• Knowledge of various entity types, including trusts, charities, and SPVs.
• Proficiency in MS Office (Excel, Outlook, Word, PowerPoint).
• Highly organized, detail-oriented, and able to work under strict deadlines.
• Strong communication skills to collaborate with internal teams and senior management.

Salary (Rate): £40,000

City: London

Country: United Kingdom

Working Arrangements: on-site

IR35 Status: fixed-term

Seniority Level: Mid-Level

Industry: Finance