Due to continued growth this global re/insurance specialty broker as seeking a seasoned KYC/CDD professional to provide support to the Operations team with focus on supervising the KYC team and providing support to the outsourced operations manager.
Key Responsibilities:
- Lead the KYC Team providing oversight and support of all activities
- Ensure there is a culture of continual improvement in the team with deep dive into operational processes, process improvement and data and MI development/management
- Ensure the KYC team provide support to the Operations team in all activities as required, but not limited to:Lead and oversee the use of KYC screening to perform due diligence reviews and risk assessments on new and existing clients in relation to -
KYC MI ownership and provision of summary reports to the board as required
Attending meetings as required
Business analysis support and completion of process documentation as required.
Ownership of Intranet KYC folders and ongoing maintenance of content
Supplier and third- party support activities as required
- Lead and oversee the conduct of 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
- Engage with the third party software provider and other suppliers to manage the service as required
- Review and track flagged items and liaise with Compliance function to respond back to business
- Ensure processes are in place and kept up to date, in order to report on flagged items and maintain up to date recording of work being undertaken
- Ensure team maintain and complete broker questionnaires as and when required
- Support the wider operations team 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
- A minimum of 5 years Supervisory experience in the Insurance/Financial Services 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. Experience of Power BI would be an advantage
Eames Consulting is acting as an Employment Agency in relation to this vacancy.
