CONTRACT KYC ANALYST (PRIVATE BANKING)

Responsibilities:

KYC and Due Diligence

  • Conduct thorough KYC due diligence on new individual and corporate clients.
  • Review and validate client documents (passports, proof of address, corporate documents, trust deeds, source of wealth statements, etc.).
  • Perform background screening using internal tools and third-party databases.
  • Identify and escalate any potential red flags (e.g., PEPs, sanctions exposure, adverse media hits).

Client Onboarding Support

  • Act as the key point of contact for Relationship Managers during the onboarding process.
  • Guide front office teams on KYC requirements and ensure complete and accurate submissions.
  • Ensure timely onboarding of clients while maintaining compliance with internal SLAs.

Data Entry and System Management

  • Accurately input and maintain client data in internal systems (e.g., Avaloq, CRM tools).
  • Update client KYC profiles and risk ratings during the onboarding process.

Risk and Compliance Control

  • Ensure that all onboarding activities comply with AML laws, FATCA/CRS requirements, sanctions rules, and internal policies.
  • Support periodic quality assurance reviews and internal/external audits related to onboarding and KYC files.
  • Maintain strong records and audit trails for all KYC and onboarding actions.

Process Improvement

  • Propose improvements to the onboarding workflow to enhance efficiency and client experience.
  • Participate in projects related to onboarding process upgrades or regulatory changes.

 

Requirements:

  • Bachelor’s degree in business, Finance or related field.
  • 3–6 years of KYC/AML experience, preferably within private banking or wealth management.
  • Experience with onboarding high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients is a plus.
  • Good stakeholder management skills.
  • Strong time management, organizational, planning and follow-up skills.
  • Ability to work independently and manage high volumes under tight deadlines.
  • Strong interpersonal and communication skills to work with front office and compliance teams.
  • Proficiency with Microsoft Office and familiarity with banking platforms and screening tools.

Salary: $5,000 - $6,000 Per Month