Job Overview

Associate KYC/Client onboarding – Newly created role.

Location: City of London Salary: 40000
Type: Permanent Contact: Tara Robinson
Posted: 10 months ago

Exciting opportunity to join this expand international broker supporting their operations teams in a KYC and client onboarding capacity working closely with the Risk and Compliance functions.


Key responsibilities:

  • Engage with business, Compliance function and Market Security Committee to run end-to-end KYC process and also ad-hoc KYC checks as and when required
  • Utilise third party software screening and other public sources to obtain information required
  • Support to the Operations team in all activities as required, but not limited to:
  • MI Reviews and provision of summary reports
  • Ensuring that the Operations manuals are kept up to date as indicated by the Operations team
  • Attending meetings as required
  • Business analysis support and completion of process documentation as required.
  • Ownership of Intranet Ops folders and ongoing maintenance of content
  • Supplier and third- party support activities as required
  • Conduct entity and individual (directors and shareholders), KYC searches and screening to support client onboarding in line with risk- based KYC procedures checks to include company registration, regulatory status, sanctions, PEPs, adverse media and credit rating
  • Conduct verbal verifications of client, intermediary and market bank account details
  • Review and track flagged items and liaise with Compliance function to respond back to business
  • Use KYC screening to perform due diligence reviews and risk assessments on new and existing clients
  • Ensure processes are in place and kept up to date, to report on flagged items and maintain up to date recording of work being undertaken
  • When KYC screening and management not required, assist Broking Operations tasks such as conducting file reviews and TOBA management
  • Administer KYC controls across Broking and Broking Operations
  • Maintain and complete broker questionnaires as and when required.
  • TOBA maintenance and support. Including and not limited to: business unit focal point for initial requirements. Supplier liaison (as appropriate). Management and maintenance of all TOBA records in line with requirements. Market liaison as required. 
  • Maintain continual professional development to keep up to date with current and forthcoming laws and regulations


Skills and Experience:

  • Experience of having worked in financial services, preferably the insurance industry
  • Knowledge of KYC and related processes
  • An understanding of FCA regulation as it applies to insurance
  • Exceptional attention to detail, with an aptitude to forensically use data
  • Excellent analytical skills
  • Willingness to take accountability and ownership of tasks and projects
  • Ability to build internal and external relationships and to collaborate effectively on cross-functional teams (notably Risk & Compliance, Broking Operations and Broking)
  • Strong drive and resilience under pressure and ability to work independently
  • Excellent listening, verbal, written and presentation communication skills
  • Proficient in Microsoft 365 and in particular excel
  • Be a role model for the Firm’s desired behaviours, values and culture.
  • Ensure actions and behaviours are in line with the FCA Conduct Rules