AML/KYC Analyst | London, UK

Argentex is a global payment and currency risk management specialist. We offer bespoke services alongside market-leading technology for businesses and financial institutions. Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands, and Australia. This role presents an exciting opportunity to join our UAE office, combining responsibilities across sales, client management, and FX trading operations.

The Role

We are looking for a highly collaborative and diligent AML/KYC Analyst to join our Financial Crime Team, who will be responsible for safeguarding our business by onboarding new clients according to AML/CTF regulations and best practices.

The ideal candidate will exercise good decision-making capabilities and will be accountable for their decisions and actions. They will be comfortable translating research and analysis into well-reasoned recommendations that follow a risk-based approach. The candidate will form part of a collaborative and multi-skilled team who are empowered to address and improve processes and procedures to achieve operational excellence.

Duties and Responsibilities

1. Conducting thorough KYC/CDD investigations on new clients (individual and corporate), including enhanced due diligence for high-risk clients and adverse media Boolean searches. Support the UAE office with onboarding where required.
2. Screening all clients using automated tools, investigating and escalating any potential sanctions or PEP matches.
3. Obtaining and verifying client identification, proof of address, and source of funds/wealth documentation.
4. Analysing client information to assess risk and determine appropriate risk mitigation measures as according to the firm’s risk appetite.
5. Assessing the risk profile of each client and determining the appropriate level of ongoing monitoring.
6. Performing the suspension or closure of client accounts.
7. Conducting regular testing of AML/KYC systems and controls to ensure their effectiveness.
8. Maintaining and updating team procedures, where applicable, to promote operational efficiency.
9. Ensuring processes and procedures align with industry best practice and compliance with AML/CTF regulations.

Key Skills and Requirements:

1. A strong track record in a Financial Crime function, at a financial services/payments firm, with a good understanding of AML/CTF/Sanctions regulations, particularly those applicable to the UK financial services industry.
2. Awareness of Financial Crime trends and challenges across the industry, and a keen interest in developments in this space, including across AI and technology.
3. Experience dealing with fraud desirable.
4. Experience working within a fast-paced environment with a collaborative team.
5. Ability to work autonomously.
6. Enjoys working within a team and supporting team members.
7. Highly organised and focused.
8. Approachable and comfortable communicating with key stakeholders.
9. Takes initiative to inform manager(s) how to improve processes and operations.