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AML / KYC Analyst

KPMG International Cooperative, Leeds

AML / KYC Analyst

Salary Not Specified

KPMG International Cooperative, Leeds

  • Full time
  • Permanent
  • Remote working

Posted today, 20 Dec | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: e81525c68bb7453a8abe8d70fbb87820

Full Job Description

  • Reviewing CRAs prepared by the Level one Client Assessment Team and completing the CRA in accordance with existing policies and procedures, within SLAs.
  • Applying judgement and assessing current and prospective clients against KPMG's criteria for assessing clients and risk appetite.
  • Completing answers to questions in the CRA in clear, concise and business language ultimately for review by the client Partner or Director.
  • Using internal and external AML and research systems/databases to undertake additional research for CRA/AML purposes, as required.
  • Reviewing information from research and AML checks, applying judgement to know when to escalate issues of concern to assistant managers, and advising client teams on results and next steps.
  • Liaising with client-facing teams in relation to information gathered.
  • Developing awareness/familiarity of the relevant firm's compliance policies and systems that support the CRA procedures.

    Two years' experience working in a CDD / AML role.
  • Excellent written communication skills, ability document answers to CRA questions in clear, concise and business language.
  • Working knowledge of the Money Laundering Regulations 2017 and associated industry guidance and how they apply to KPMG.
  • Ability to conduct research using AML systems/databases as part of KYC and client due diligence.
  • Excellent verbal communication skills, ability to explain risks and issues to team members and management.
    • Skills we'd love to see/Amazing Extras:
  • Prior working experience for a professional services firm and/or understanding of client due diligence and/or KYC procedures are a distinct advantage.

    The KPMG Risk Operations function is a cornerstone of our UK business. Operating from 20 UK locations and sitting with KPMG Central Services we do work that matters.
    • Within Central Services we are part of a community of experts across a wide range of critical activities who help grow, run, and protect KPMG in the UK. From HR and Learning, Finance, Procurement, Facilities and Business Support, through to Risk and Legal, Corporate Affairs, and Sales and Marketing, our approach is focused on driving the improved performance of the firm, which we support with diligence and expertise. KPMG is one of the world's largest and most respected consultancy businesses, we've supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We've proudly stood beside the institutions and businesses which make the UK what it is. Why Join KPMG as an AML/KYC Analyst. Our vision is to be the Clear Choice for our clients and the most trusted Firm. This is underpinned by the choice of clients we accept and work with. KPMG undertakes client risk assessments (CRA), including Anti-Money Laundering (AML) Know Your Client (KYC) as part its process for accepting clients. The Client Assessment Team forms a key part of this process and sits within Q&RM (part of KBS), which is led by the Chief Risk Officer. This team will also have a reporting line into the Money Laundering Reporting Officer (MLRO). KPMG's Q&RM function is responsible for monitoring the firm's and its individuals' compliance with the firm's professional risk management and quality control policies, procedures and guidance. The Client Assessment Team has both onshore and offshore delivery components and undertakes thorough client risk assessments (CRA) to help KPMG to appropriately identify, document and assess financial, reputational, money laundering and regulatory risks associated with its clients. The CRA will include completion of AML KYC in line with the Money Laundering (Transfer of the Payer) Regulations 2017 and associated industry guidance., Every day our firm performs better because of how we work together, as one team, each the best at what we do. The difference we make shines through to our people and our clients. We're KPMG Business Services (KBS). We're a cross-functional team, bringing together experts across a wide range of critical activities which help to grow, run and protect our business. From HR and Learning, Finance, Procurement, Facilities and Operations, through to Risk and Legal, Corporate Affairs, and Market Development, our approach is focused on driving the improved performance of the firm. We work shoulder to shoulder with our client-facing teams and we focus on delivering our services in ways which help to drive efficiency, improve quality and enhance our firm's brand and reputation.

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