Junior Due Diligence Analyst

THE COMPANY: We are working with a leading Lloyds Broker who are looking for a Junior Due Diligence Analyst to join the team. The firm are based in the city close to Tower Hill Tube Station, operating a hybrid working pattern of 3 days in the office, 2 at home.

THE RESPONSIBILITIES:

1. Verification of Due Diligence information received, at initial Account onboarding, and later at Due Diligence reaffirmation stage through Internet searches and applications. Using Sanctions & Regulatory Checking database (World Check) to establish if there are reputational or sanction related issues. To form a risk-based decision that is appropriate and auditable and create applicable BMS broking system accounts thereafter.
2. Ensure that during the process, any identified 'High Risk' cases from due diligence or sanction exposure are escalated to DDMS management.
3. Ensure that during the process, any identified 'Politically Exposed Persons or State-Owned Entities are correctly identified and recorded within World Check and escalated within DDMS as appropriate.
4. To follow department rules and procedures to ensure that Due Diligence performed and reaffirmed, is in line with the timescales within the company procedures.
5. Ensure excellent service and compliance using meticulous checking and organisation.
6. Advising the business day-to-day as required on policy application and interpretation.

EXPERIENCE REQUIRED:

1. 1 - 2 years' experience within KYC and had focus on CDD within the insurance or financial service space.
2. Understanding of how you would implement the processes and procedures for onboarding clients from varying risk profiles and be able to clearly demonstrate and explain this.
3. Ability to commute to the office 3 days a week.
4. Experience with sanction screening tools.

For further information, please contact Jordan White.