KYC Analyst

We are seeking a detail-oriented and experienced KYC (Know Your Customer) professional to join our Private Banking team as a KYC Source of Wealth (SOW) Uplift Specialist. This role focuses on enhancing the bank’s ability to verify and document the source of wealth for high-risk clients, ensuring compliance with both internal policies and regulatory requirements.

You will be responsible for conducting thorough case assessments, supporting the uplift initiative of the SOW process, and ensuring that all KYC and Anti-Money Laundering (AML) procedures are strictly followed. This role is ideal for someone who is passionate about compliance, has an eye for detail, and enjoys working in a fast-paced environment.

Key Responsibilities:

Source of Wealth (SOW) Uplift:

• • Lead the review and improvement of Source of Wealth documentation for high-risk client profiles in the Private Banking division.

Case Assessment & Investigation:

• • Conduct detailed reviews and assessments of high-risk clients’ financial backgrounds, verifying the sources of their wealth through direct corroboration with external sources, such as financial statements, transactions, and third-party documents.

KYC & AML Due Diligence:

• • Execute end-to-end KYC and AML due diligence reviews, ensuring full adherence to internal policies, industry standards, and regulatory frameworks.

Compliance with Regulatory Standards:

• • Ensure all documentation and client information meet compliance and regulatory standards (e.g., FATF, SEC, FCA, etc.) as required for high-risk clients.

Reporting & Documentation:

• • Maintain clear, concise, and well-organized records of all case assessments and SOW findings, ensuring that all actions are documented and ready for internal audits or regulatory reviews.

Collaboration & Advisory:

• • Work closely with senior compliance officers, relationship managers, and other internal teams to ensure the timely and accurate completion of KYC reviews.

Continuous Improvement:

• • Provide feedback and recommendations for improving internal processes and procedures related to KYC, SOW, and client risk management.

Skills & Qualifications:

Experience:

• • 3+ years of experience in KYC, AML, or Compliance, preferably in Private Banking or Wealth Management sectors.

Knowledge:

• • Strong understanding of KYC/AML regulations, Source of Wealth verification, and financial crime prevention frameworks.

Analytical Skills:

• • Excellent attention to detail with the ability to analyze and assess complex financial information and client backgrounds.

Communication Skills:

• • Strong written and verbal communication skills, with the ability to articulate findings and recommendations clearly to both internal teams and clients.

Organizational Skills:

• • Ability to manage multiple tasks simultaneously and meet deadlines while maintaining high levels of accuracy and compliance.

Technical Proficiency:

• • Familiarity with KYC/AML software tools, client databases, and Microsoft Office Suite (Excel, Word, PowerPoint).

Desirable:

• • Certifications:
  • AML, KYC, or other relevant compliance certifications (e.g., CAMS, ICA Certificate in KYC).

Industry Knowledge:

• • Experience working with high-net-worth individuals (HNWIs) or complex client profiles is a plus.

What We Offer:

• • A dynamic and supportive work environment in a leading global financial institution.
  • Opportunities for career growth and development within the Private Banking and Compliance teams.
  • Competitive salary and benefits package.

EA License Number: 23C2060 | Registration ID is R1435178 | N.M

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