Kyc Team Leader

The Periodic Review function is part of the KYC/On-Boarding function within Operations servicing the company. The primary objective is to ensure all clients maintain up to date due diligence documentation in line with company standards and policy. Periodic Review is a control function and have a responsibility to protect the firm and their clients, escalate issues where and when they arise and demonstrate a strong knowledge of KYC and AML to serve as a first line of defence.

Responsibilities:

• Ensure that appropriate CDD/KYC and AML checks are performed on all existing customers, and in accordance with local regulatory requirements, in conjunction with the Financial Crime Compliance team.

• Operate as the first point of escalation for the Periodic Review analysts and providing guidance and support where possible.

• Represent the periodic Review function at meetings if requested or deputising for line manager as and when requested.

• Provide training, structure and support to the team, especially new joiners to create a consistent knowledge and approach across the team.

• Where escalations cannot be resolved for the team, escalate to line manager accordingly.

• Assist with project work if requested.

• Ensure that appropriate customer categorisations are carried out in accordance with local regulatory requirements.

• Manage the Client Outreach process effectively and raise any issues or concerns to the PR Team Lead in a timely manner.

• Ensure that the integrity of the static data inputted by the Onboarding Team into the Client Data Base is accurate. To be validated and amended during periodic review.

• Ensure that desk procedures are kept up to date.

• Ensure that the Front Office is advised, when necessary, of the relevant Group’s KYC minimum standards procedure and documentation requirements.

• To assist on ad-hoc trigger reviews, projects, audits that the Periodic Review department is required to carry out.

• Efficiently deal with general day-to-day ad-hoc queries.

• Work closely with the Financial Crime Compliance team.

• Keeping management informed of issues and developments in a timely manner.

• Ensuring compliance with the company’s regulatory requirements under the FCA.

• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.

• Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.

• To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility

• To report any breaches of policy to Compliance and/ or your supervisor as required

• To escalate risk events immediately

Competencies

• Excellent verbal and written communication skills

• A collaborative team player, approachable, self-efficient and influences a positive work environment

• Demonstrates curiosity

• Resilient in a challenging, fast-paced environment

• Ability to take a high level of responsibility in a fast pace and high-volume environment

• Excels at building relationships, networking and influencing others

• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience

• Understanding of KYC principles and knowledge of corporate structures

• Awareness and knowledge of; FCA Handbook, JMLSG, AML/ABC/TF regs

• Research and analytical skills with the ability to summarise complex findings

• Effective written and oral communication

• Self-motivated, organised, pragmatic whilst being able to deliver under pressure

• Analytical skills

• Problem solving skills

• Experience in stakeholder management

• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.