CLM KYC Review Analyst

Team Description : The Client Lifecycle Management team (CLM) oversees the end-to-end KYC (Know Your Customer) process for Clients of Investec Bank PLC. This includes New Business Onboarding for New and Existing Clients, Periodic Reviews, Triggered Event driven reviews and Offboarding. CLM support clients (both Individuals and Corporates) from HNW, Private Clients, Private Companies, Listed Companies, Funds & Trusts for a variety of sectors, which includes both UK based and overseas companies. We also support Global Markets and Principal Investment. CLM works alongside the MLRO & Financial Crime team to deliver their policies and apply appropriate Regulatory Classification, as well as operational support for Investec Bank PLC (IBP) and offshore subsidiaries and branches. Objective of Role: The primary responsibility of this role is to perform core AML/KYC due diligence on Periodic Reviews & Triggered Events. Such responsibilities include but not limited to ID & Verification, PEP & Sanction Screening, Negative Media/Adverse Media screening, Financial Crime Risk Re-assessment, and ownership re-validation. In addition, this role includes Regulatory Classification (e.g., MiFID, EMIR, FSCS,FATCA/CRS and UK CASS rules etc), and other processes of existing clients for both Investec Bank plc (IBP), and offshore subsidiaries and branches including USA & India. As well as the primary responsibilities, the role requires candidates to work independently and diligently, be able to identify issues and problem solve, manage multiple business priorities, have a strong control mind-set and be able to articulate clearly between Business and CLM team. The candidate will also be responsible for working closely within the team, Financial Crime, MLRO, Businesses (both UK and non-UK) and other colleagues in Operations, Legal, Credit and Risk. Specific Responsibilities include: Timely, efficiently, and accurately conduct AML Reviews of existing clients, ensuring client records are accurate in all systems and that supporting documentation is saved and filed correctly. Completing the end-to-end journey of a KYC Periodic Review from gap analysis to obtain & updating information/documentation & final submission. Interpreting and analysing KYC data to accurately risk assess existing clients, making sound judgement calls in terms of escalation and risk mitigation. Performing PEP, Sanction and Negative Media screening and analysing the results to discount or confirm matches. Completing the required periodic client reviews within the prescribed time frame set out by IBP & regulators. Understand the differences across multiple business lines and apply the appropriate defined processes accordingly. Technical Knowledge: (compulsory) Strong understanding and ability to apply FCA UK regulations and JMSLG directives. Solid understanding and ability to apply the 4 th & 5 th EU AML Directive that came to effect. KYC knowledge for Limited companies, PLC's, Funds, Trusts & SPV's Knowledge of non-UK (such as India and US) KYC/AML requirements High IT literacy skills and able to navigate around minor IT issues independently (highly desirable) Performing appropriate regulatory classification processes (e.g. MiFID, EMIR, FSCS, MIFID, SME, UK CASS rules, FATCA/CRS classifications) & checking client documentation Up to date with all UK & EU AML requirements Core Skills & Knowledge: Regulatory Knowledge as applicable to role as above (compulsory) Proven experience of KYC analysis of both individual and complex corporate clients and understanding the due diligence of corporate documents (not limited to banking) is essential. Proven experience of analysing complex legal structures. Proven experience of PEPs, Sanctions and Negative Media screening. Proven experience in performing financial crime risk assessments of clients. Basic understanding of company balance sheets, financials, and/or annual returns. ICA KYC/AML/Financial Crime Certification (completed or in progress) is desirable.