Senior Sanctions and KYC Specialist
Posted 14 May by
Harrison Holgate
Easy Apply
Job Title: Senior Sanctions and KYC Analyst
Salary: £60,000
Location: London - Hybrid
Key responsibilities:
* Provide focused specialist sanctions advice to the business taking into account business/customer needs, external best practice and regulatory requirements.
* Carry out research and provide policy advice on sanctions related issues including legal and regulatory developments and guidance.
* Carrying out a KYC risk assessment on new and existing counterparties. Including reviewing, and where applicable, challenging the KYC information provided, where necessary.
* Contribute to continuous improvement of sanctions and KYC processes.
* As determined by the Group Compliance Officer attendance at sanctions/KYC related seminars, conferences, and market forums.
* Where required, assisting the Group Compliance Officer with the review and distribution of TOBAs across the business.
Key candidate's skills:
* Minimum of three to four years' experience in a sanctions role within the Insurance market, preferably with a knowledge of the Marine market.
* Detailed knowledge of sanctions regimes and international licensing, within specific attention to UK, EU or US requirements.
* Ability to complete a KYC process on a counterparty and reach a conclusion.
* Understanding of the application of Terms of Business Agreements (TOBAs) and the ability to review and agree these in line with regulatory requirements.
If interested please get in touch.
Reference: 52656169
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