Quality Assurance Analyst (Financial Services)

SUMMARY:
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POSITION INFO:

• 5 Years experience working in a client onboarding function specifically authorising the account openings
• Extensive knowledge of UK customer and enhanced due diligence, sanctions, PEP, and Adverse media screening
• Knowledge of Money Laundering Regulations, 5th MLD, UK MLR 2017, JMSLG and Market Abuse Regulation (MAR)
• Understanding the implications of the impact of financial sanctions on financial institutions and their conduct and the consequences of breaching them (OFAC, HM Treasury, EU and UN sanctions)
• Good knowledge of Data Protection requirements
• Good communication skills both written and Oral with ability to communicate at Senior management level
• Solid understanding of the requirements of the UK Proceeds of Crime Act, Terrorism Act and UK Bribery Act.
• Experience managing large scale projects

The Role:

•  Authorising account openings in line with procedures and SLA’s with a particular focus on KYC/AML elements.
• Supporting the Onboarding Manager to ensure the team receives ongoing training
• Working closely with Compliance to ensure:
  o any regulatory updates are communicated and implemented
  o Issues arising from Compliance monitoring are reviewed and addressed
• Ongoing review of control functions within the department
•  Acting as the point of escalation with Compliance related queries
• Managing Client Services projects and initiatives including US tax forms communication, KYC updates and large static data changes
•  Such other tasks and projects as may reasonably be required