KYC Analyst | Edinburgh, UK

abrdn plc; City of Edinburgh; On-site; GBP 35,000 - 55,000; Full time

Job description

KYC Analyst

abrdn plc Edinburgh, United Kingdom Apply now Posted 16 hours ago Permanent Competitive

Job Description

At aberdeen, our ambition is to be the UK's leading Wealth & Investments group.

Strengthening talent and culture is one of our strategic priorities. We strive to make aberdeen a great place to work so that we can attract and retain the industry's best talent.

Our people put our stakeholders at the heart of everything they do by helping us to make a positive difference to the lives of our clients, customers, colleagues, shareholders and society.

We are focused on growing our direct and advised wealth platforms and repositioning our specialist asset management business to meet client demand. We are committed to providing excellent client service, supported by leading technology and talent.

aberdeen comprises three businesses, interactive investor (ii), Investments and Adviser, each of which focuses on meeting and adapting to our clients' evolving needs:

• interactive investor, the UK's second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.
• Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their customers.
• Our Investments business is a specialist asset manager that focuses on areas where we have both strength and scale to capitalise on the key themes shaping the market, through either public markets or alternative asset classes.

About the department

Putting our clients at the centre of everything we do applies to all our practices. We need to ensure that we have a smooth client onboarding, as well as a robust on-going governance, particularly when it comes to client due diligence and management of risk.

With a focus on strengthening oversight and control of these activities, as well as transforming our end-to-end approach for Clients, a Client Risk and Governance team has been created, reporting to the Chief Client Officer within Client Group.

About the role

As the KYC Analyst you will get the opportunity to be a part of the Investment Businesses First line of defence (1LOD). You will be responsible for reviewing and assuring the accuracy of Anti-Money Laundering (AML) due diligence information gathered as part of client and asset onboarding & subsequent refresh reviews.

Key responsibilities

• Responsibility for conducting timely client onboarding, periodical review and ad hoc tasks with regards to Know Your Client (KYC)/AML as well as Enhanced Due Diligence (EDD)/Customer Due Diligence (CDD), on Ongoing Due Diligence (ODD), including the accurate completion of the customer or asset checklist and risk assessments;
• Perform screening of all related parties against PEP/Sanctions & adverse media;
• Provide guidance to clients, client facing or investment teams relating to KYC requirements;
• Perform quality reviews ensuring that KYC records adhere to aberdeen standards;
• Liaise with the second Line of Defence (2LOD)/AFC as appropriate;
• Flexibility to work on different types of customers (e.g., distributors, B2B sub-distributors, institutional investors, etc.), or intragroup entities or related parties (e.g., funds under management, delegates, service providers etc.) and fund assets and related parties;
• Provide progress updates on new onboardings, periodic and ad hoc reviews to the local team lead;

About the candidate requirements

• Strong understanding of the Global/EU/UK/Lux AML and delegate compliance regulations;
• Experience in KYC Onboarding and Refresh within the asset management industry.
• Self-motivated with excellent interpersonal and communication skills (both verbal and written);
• Keen attention to details and confident problem solver;
• Ability to operate independently, to plan workload, prioritise tasks and deliver to deadlines;
• Team player with the ability to work collaboratively with multi-disciplinary teams, both in presence and remotely, and to deliver agreed outcomes;

Our benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days' annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits - including gym discounts, season ticket loans and access to an employee discount portal.

We're committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense - this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.

If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.