KYC/Onboarding Specialist

Industry: Energy and commodities company in the Oil and Gas industry. (Trading)

Location: Town

Working hours: 9am-6pm (Mon-Fri)

This is a 6 Months Contract role starting on 1st July 2024 - 31st Dec 2024.

We are currently seeking a dedicated Compliance Analyst to join our client's team and oversee the KYC (Know Your Customer) and onboarding process. The ideal candidate will be detail-oriented, proactive, and able to work efficiently in a fast-paced environment.

Responsibilities:

• KYC and Onboarding Process:
  • Conduct prescreening of new prospects/counterparties.
  • Validate company information and documents received from counterparties.
  • Handle and respond to counterparties' KYC requests.
  • Liaise and collaborate with internal teams to coordinate and prepare KYC documentation for external clients' registration requests.
  • Ensure timely follow-up with counterparties on KYC/onboarding matters.
• Names Screening and Adverse Media Check:
  • Utilize internal compliance tools such as LSEG World Check system to screen counterparties, including entity name, directors, shareholders/UBO, and affiliates.
  • Verify the legal existence of entities through registry website checks, company websites, and other online sources.
  • Conduct adverse media screening using systems like Dow Jones Factiva to identify any negative or adverse news on counterparties and related parties.
  • Escalate and highlight screening/check findings to the Compliance Department and Senior Management.
• Vessel Screening and Clearance:
  • Conduct screening on vessels, consignors, consignees, and names found in Q88 and shipping documents.
• Record Keeping and Documentation:
  • Update internal tracking spreadsheets with counterparties' onboarding status.
  • Maintain proper filing and record-keeping of all KYC and onboarding-related information and documents.

Secondary Responsibilities:

• Sanctions News and Screening:
  • Stay updated on the latest sanctions-related news through various sources such as authorities' websites, Google checks, and Wall Street Journal (WSJ).
  • Disseminate internal broadcasts and reminders regarding sanction news, internal compliance processes, and our Anti-Sanctions policy.
• Perform recurring checks on onboarded counterparties based on their risk profiles and any triggering events such as red flags.
• Escalate and highlight findings of screening/checks to the Compliance Department and Senior Management.
• Ad Hoc Tasks:
  • Assist with any ad hoc tasks delegated by the COO and Compliance Officer as needed.

Requirements:

• Bachelor's degree in business/finance or other relevant professional qualifications.
• At least 3 years of relevant KYC and client onboarding experience.
• Good knowledge of regulatory trends and developments.
• Ability to use sound judgment to determine due diligence quality and if it meets regulatory standards and to review processes in the absence of written policy.
• Hands-on and able to cope well under pressure and meet deadlines.
• Strong time management, organizational, planning and follow-up skills; ability to multi-task effectively and to prioritize competing demands.
• Proficient in MS Office applications.

Please submit your updated resume in Word format by using the Apply Now Button.

We regret that only shortlisted candidates will be notified.

Email resume to tiffany@peopleprofilers.com