KYC/AML Specialist - CER Financial - #2083374

KYC/AML Specialist (Part time)

THIS POSITION IS PART TIME FOR 3 DAYS PER WEEK, PLEASE DO NOT APPLY UNLESS YOU ARE HAPPY TO WORK ON A PART TIME BASIS.

IF INTERESTED, PLEASE SEND YOUR CV TO , RATHER THAN CALLING IN. THANKYOU!

1. Bank based in city
2. Up to £70k PRO-RATED / £300 - £350 per day
3. Hybrid working
4. 6 months contract (initially)
5. Department: Corporate Banking Department

Principle Purpose of the Job:

To ensure high-quality KYC/AML compliance for the Corporate Banking Department by conducting customer Due diligence, managing screening and remediation processes, coordinating closely with the Compliance Department, and contributing to continuous improvement of internal policies and procedures.

Principle Elements of the Job:

1. Conduct customer due diligence (CDD) and assess the quality of information collected in accordance with internal policies and procedures.
2. Perform Know Your Customer (KYC) processes including onboarding of new Corporate Banking Department customers, as well as periodic and event-triggered reviews for existing customers, following guidance from the Compliance Department.
3. Monitor daily alerts generated by the internal screening system for existing counterparties regarding PEP, potential sanctions, and adverse media matches, and determine whether alerts constitute true matches or false positives.
4. Remediate any identified gaps in customer due diligence as advised by the Compliance Department, including performing Enhanced Due Diligence (EDD) where necessary.
5. Prepare and circulate monthly or quarterly compliance reports for the Corporate Banking Department by compiling relevant results into designated reporting formats.
6. Coordinate and negotiate with the Compliance Department on complex KYC/AML matters to ensure alignment between regulatory expectations and business operations.
7. Provide recommendations for improvements to internal KYC/AML processes, workflows, and compliance-related policies to enhance operational efficiency and regulatory adherence.