KYC and Compliance Assistant

Our Banking client is looking for KYC and Compliance Assistant to join their team on a full-time permanent basis. Ideal candidate must have a minimum 2 years UK experience in a similar role within a retail or private bank serving HNW customers and must be prepared to work 5 days a week in the London office. Our client does not accept PSW Visas and Sponsorship will not be available for this position, therefore 3+ years on visa eligibility to work in UK is essential. Responsibilities include (but not limited to): • Review the AML due diligence and Customer Risk Assessments for new account openings. Ensure the business team completes Enhanced Due Diligence (EDD) for all higher-risk customers, including documenting Source of Funds (SoF) and Source of Wealth (SoW). Account openings must not proceed without appropriate senior management approval for PEPs and other designated higher-risk indicators. • Ensure all customers are screened for sanctions and negative media at onboarding, during KYC reviews, and upon trigger events. Escalate any potential sanction matches or adverse media. • Review customer account updates completed by the frontline team. Ensure KYC records are up to date and that transaction monitoring is effective. Investigate and escalate any anomalies in accordance with the Bank''s AML and CFT procedures. • Ensure that all departments comply with regulatory and policy requirements through periodic controls testing. • Assist in reviewing payments referred to Compliance. ..... full job details .....