Job Description
The KYC Analyst is responsible for conducting client due diligence and preparing complete Know Your Client (KYC) files for prospective and existing clients. The role supports client onboarding, recertification and offboarding while ensuring compliance with applicable regulatory requirements and internal policies.
Key Responsibilities
- Determine the scope and documentation requirements for client onboarding, recertification and offboarding requests, considering applicable regulatory requirements.
- Conduct initial checks using internal databases and publicly available sources to identify existing KYC information.
- Liaise with clients and internal stakeholders to obtain the required information and supporting documents.
- Perform gap analyses to identify missing, incomplete or outdated documents.
- Organise supporting documents, extract relevant information and update the KYC system.
- Capture information such as ownership structures, source of funds and related parties.
- Conduct sanctions, Politically Exposed Persons (PEP) and adverse media screenings.
- Assess client risk using quantitative and qualitative assessment criteria.
- Review KYC files to ensure that all information is complete, accurate and supported by appropriate documentation.
- Ensure compliance with internal policies, procedures and documentation standards.
- Prepare documentation and supporting evidence for Client Acceptance Committee meetings.
- Monitor approval decisions, follow up on outstanding actions and coordinate any required remediation.
- Escalate identified risks, documentation gaps and operational blockers promptly.
- Recommend remedial actions and keep management and relevant stakeholders informed of case status.
Requirements
- Bachelor's degree in Law, Economics, Finance, Accounting or a related discipline.
- Up to two years of relevant experience in KYC, client due diligence, compliance, legal, banking operations, financial operations or a related function.
- Fresh graduates with relevant internships or exposure to KYC, AML or compliance may also be considered.
- Basic understanding of AML/KYC principles, sanctions screening, PEP screening and client risk assessment.
- Strong written and spoken English, as the role involves reviewing documentation and communicating with clients and stakeholders.
- Strong analytical skills and attention to detail.
- Good organisational and documentation skills.
- Ability to manage multiple cases and meet established timelines.
- Ability to collaborate effectively with clients and stakeholders across different teams and departments.
EA Licence No:11C5502
Registration No:R1331697
