Compliance Analyst - KYC & KYB

Overview

The Compliance Analyst (KYC & KYB) sits in Marcura's Compliance team and carries out first line customer due diligence across the Group's regulated and unregulated business units.

What you'll do

• Complete KYC and KYB checks on new individual and corporate customers and counterparties at onboarding, verifying identity, legal existence, directors, nature of business, source of funds and expected account activity, and ensuring no relationship goes live until due diligence is complete.
• Identify and verify the ultimate beneficial owners and controllers of corporate customers, working through layered or offshore ownership structures and recording how each has been confirmed.
• Assess and record a customer risk rating in line with Marcura's risk assessment methodology, taking account of jurisdiction, industry, ownership complexity and the products used.
• Apply enhanced due diligence to higher risk relationships and politically exposed persons, obtaining further evidence of source of funds and source of wealth and preparing the file for senior approval.
• Conduct periodic and event-driven reviews of existing customers, refreshing documents and information, re-assessing the risk rating and confirming the relationship remains within risk appetite.
• Respond to requests for information from banking partners on customer identity, ownership and due diligence records accurately and by the deadline given, flagging any request that raises a wider concern.
• Report any knowledge or suspicion of money laundering or terrorist financing to the MLRO straight away through an internal suspicious activity report, without tipping off the customer or anyone else.
• Maintain complete and accurate due diligence files and risk assessments in the case management system, and raise recurring documentation gaps or onboarding issues with management.

What you'll need

• English language required.
• Good attention to detail, sound judgement on beneficial ownership and risk rating, clear written case notes, and the ability to manage a workload of onboarding and periodic reviews against deadlines.

Nice to have

• Degree in finance, law, business or a related subject, or relevant experience in a regulated financial services firm.
• ICA, ACAMS or an equivalent CDD/financial crime qualification.
• 2 to 4 years in a KYC/KYB or customer due diligence role.
• Experience in a firm regulated in the UK, Portugal or elsewhere in Europe.
• Payments, e-money, banking or fintech industry experience; maritime, shipping or cross-border payments experience is a plus.
• Prior knowledge of customer and enhanced due diligence standards, beneficial ownership verification, PEP risk assessment, and a working understanding of UK and EU anti-money laundering requirements.

Details

• Location: India.