Compliance Analyst - Client Onboarding
Clear Junction
- London
- £40,000-45,000 per year
- Permanent
- Full-time
- Act as the first line of defence for any inbound new business prospects alongside the Business Development Managers (BDM)/ Relationship Managers (RM) with respect to AML, FinCrime and sanction risk- and compliance-related issues
- Screening prospective clients for sanctions, PEP exposure and adverse media to determine whether they are within risk appetite.
- Perform initial due diligence of potential new clients and/or existing clients applying for new products.
- Join calls/meetings alongside BDM/RM to assess potential risks of onboarding prospects. This includes both internal calls/meetings and direct interactions with prospective and existing clients.
- Perform client periodic monitoring, consisting of client due diligence (incl. sanction screening) and client risk assessment (scoring).
- Conduct sanction screening on a daily basis.
- Working collaboratively with the RMs and providing guidance/assistance on compliance matters, including potential compliance risks.
- Advise and educate business lines on points of AML/CFT/FinCrime and regulation.
- Supporting the implementation of controls across business lines.
- Attending conferences, talks and training sessions on the regulatory framework.
- Maintain relevant records and documentation, and keep an audit trail.
- Contribute to the development, maintenance and implementation of sales- and compliance-related policies, procedures and other internal regulations, if requested by the department’s management.
- Develop suggestions to enhance the CRM and other licensed and freeware tools used by the Sales and Marketing Department, as well as their integration with other software and services used by the company.
- Participating on calls with the Clients, when requested by the Sales or RM team, to guide the Clients within the legal complexity, technical and onboarding process, helping to outline the onboarding roadmap and set the expectations.
- Substantial experience in KYC/ KYB, Due Diligence, preferably in a fintech or finance industry
- Proven experience in risk management, preferably in a fintech or finance industry
- Understanding of risk management frameworks, methodologies, and tools.
- Knowledge of industry regulations and compliance requirements.
- A track record of managing risks and implementing risk management strategies.
- Skills in conducting company searchers and use of resources such as Dow Jones Risk Centre is desirable
- Able to work with people cross-departmentally and across different time zones.
- Ability to use your own judgement to come to a decision but also be aware of when issues need to be escalated.
- Ability to handle high volume of tasks while maintaining attention to detail
- Ability to communicate with all levels of the firm professionally and tactfully.
- Knowledge of different types of corporate structure
- Knowledge of different types of financial services.
- Knowledge of payment service and crypto is strongly desirable.
- Strong written and verbal communication skills.
- Degree level, or equivalent industry standard qualification is desirable.
- Excellent analytical and problem-solving skills.
- Prior experience in the Fintech industry is a plus.
- Competitive salary
- 25 days holiday (plus bank holidays)
- Private Medical & Dental Cover (after probationary period)
- Life Assurance
- Employee Assistance Programme plus Rewards and Perks Discount with YuLife
- Enhanced Company Pension Scheme
- Hybrid working arrangement with 3 days per week working in the office