MillTech

Financial Crime

• Conduct pre onboarding Know Your Customer (KYC), Client Due Diligence and where necessary Enhanced Due Diligence, on all prospective professional clients, including PEP, Sanctions and Adverse media screening
• Ownership of the AML/KYC, Onboarding and KYC refresh process from the point of introduction to prospective clients by front office teams
• Obtain, review and verify client documentation to ensure procedural, legal and regulatory compliance
• Conduct and assist the team where necessary in the unwrapping of complex client ownership structures and complex fund structures in various jurisdictions
• Identify the level of risk associated with fund structures and apply the appropriate level of due diligence in line with the firm’s procedures
• Conduct and prepare client onboarding risk scoring reviews and assessments, in preparation for sign off and approval
• Ensure that onboarding processes remain appropriate and up to date in line with procedures and the firm's regulatory requirements
• Provide regular MI/KPIs on the performance and effectiveness of the onboarding function to the Onboarding and Financial Crime Manager and Head of Compliance
• Provide day to day guidance and support to the onboarding team members and wider firm including Sales and Customer Success teams
• Responsible for reporting any unusual or suspicious activity during onboarding or ongoing monitoring, to the firms Head of Compliance and Money Laundering Reporting Officer (MLRO)
• Identify any significant gaps or quality issues in any areas of the onboarding and ongoing monitoring processes, making recommendations for improvements
• Horizon scanning; looking for future regulatory developments applicable to our business
• Any other ad-hoc tasks and responsibilities set

Junior KYC and Onboarding Analyst