Lead Analyst, Anti Money Laundering/Prevention/Know Your Client

Department / Team Overview

The AML/KYC Center of Excellence (CoE) ensures that BNY Mellon complies with 'Know Your Customer' (KYC) Legislation for all applicable local jurisdictions and the Bank's own Internal KYC Policies.

One of the most important aspects of KYC is the understanding of the client, their business, and the services we are offering them to ensure they are consistent.

The AML/KYC team perform due diligence on New Clients (New Business) and existing Clients (Periodic Reviews), in line with applicable Regulation and Bank Policy.

Reports to (to whom the person directly reports)

AML/KYC Manager

Overall responsibility (overview of the role)

The Lead Analyst, AML/Prevention/KYC will prepare client profiles for new clients and existing clients. Conduct periodic reviews of client profiles. Ensure due diligence when onboarding new clients.

Key areas of responsibility (Bullet points of specific responsibilities)

The Lead Analyst, AML/Prevention/KYC will:

• Prepares or reviews complex Client reports to ensure all information in the policy is accurately reflected in the profile. Prepares or reviews profiles that have been flagged for escalation during the profile renewal or new business process. Amends client profiles where appropriate.
• Maintains a current understanding of global issues, risks and events that could affect a client's risk level. Identifies and updates profiles when appropriate.
• Communicates with internal stakeholders and external clients in order to resolve any issues, as needed.
• Contributes to the achievement of team goals.
• Assists with administrative tasks when applicable.
• Conducts QSS real time scans to check information in the client profile and verify ownership against the ChoicePoint database.
• Participate in calls with the various lines of business we support.
• Participate in KYC related projects as required.
• Interface with Internal Clients, Compliance, Business Lines, Client Services and Quality Assurance Teams.
• Participate in intra-department training and may be required to act as a training partner/buddy for a new hire or as part of a cross training initiative, assisting the CoE Management Team with training materials and/or working to develop and implement new processes.
• To recognise and address areas of concern, escalating as necessary to the AML/KYC Manager.
• May provide guidance to less experienced KYC team members.

Skills and experience (necessary and desired skills and experience required)

What we are looking for:

Tone from the top - Ensure that a strong risk management and governance culture is embedded within the Business Unit by promoting the 'Three Lines of Defence' model (by working collaboratively with the Second and Third Lines of Defence to identify risks, conduct root-cause analysis, implement remediation activities and to communicate lessons-learned findings) and by developing and implementing strong risk practises across the Business Unit (including the use of the RCSA as the key management toll to actively manage risk within the Business Unit).

Risk Competence & Knowledge - Understanding of the Business Unit's Risk Appetite and how this relates to the legal entity infrastructure and the legal entities under which the Business Unit operates and the legal entities through which the Business Units' client(s) contract and the impact that this has on the Business Units' regulatory operating environment.

Accountability - Ensure the responsibilities related to risk management are clearly defined and understood throughout the Business Unit to ensure that risks are identified, escalated, and remediated in an effective and transparent manner.

Other Risk Management Responsibility - Ensure that Business Unit operating procedures and other key directive controls are maintained on a regular basis to ensure that they are adequately designed, continue to be an effective risk management tool and are being used as required.

Throughout continued and effective oversight, ensure that appropriate Key Risk Indicator (KRI) measurements and tolerances are in place and are agreed with Senior Operations Managers and LoB Risk Management.

Skills and Qualifications

• AML/KYC experience is an advantage.
• Understanding of AML KYC principals.
• Degree is desirable but not essential.
• Have extensive research skills to aid establishing and/or validating required information and documentation.
• Know when to communicate issues to the Team Members and/or Manager.
• Highly motivated, organized, detail orientated with excellent oral and written communication skills.
• Strong PC skills are required with proficiency in MS Outlook applications and Outlook.
• Able to partner with people of various levels and across all divisions.
• Motivate team members with the ability to adapt and learn.
• Professional approach to work and personal appearance.
• Be flexible with working hours.
• Have attention to detail.
• Able to interact within a team.
• Able to understand and be part of a Global Model.

Working conditions and other information (working hours, full time, permanent etc.)

Schedule - Full time

Primary Location - United Kingdom - Dorset - Poole

Typical Hours - 35 Hours p/w ote

Job - Operations

Organization - GOT Utilities

Direct reports ( if any )

AML/KYC Manager

Benefits

• Annual Holiday - 25 Days plus Bank Holidays* (maybe a requirement to work) and the ability to purchase a further 5 days
• Pension - Employer Contributions
• Highly competitive benefits package including Pension & Private Medical Cover
• Recognition and service awards
• Opportunities to join site wide network groups

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.