Average Kyc Analyst salary in the UK

KYC Analyst (Contract Role)  Start Date: 14th April 2025   Duration:4 weeks (this is a 1-month contract, please do not apply if you need to serve a notice period and cannot commit to joining on the 14thApril for a month)   Location:Working from home      Umbrella Rate Breakdown  Traditional Day Rate:£200 per day   Agreed Contract Rate (ACR): £153.81 per day (Post deduction of all employer costs)  Illustrative Equivalent Annual Salary: £39,990.25  Illustrative Equivalent Monthly Salary: £3,332.52   Illustrative Equivalent Monthly Holiday Pay: £402.20   Total Monthly Pay: £3,734.73    Role:  We are looking for experienced KYC Analysts who will sit within the client's compliance team and will be assisting with clearing a backlog of CDD cases.    Key Requirements:  Operations background demonstrating good core knowledge of applying KYC within a financial institution or with a legal background would be ideal (new customer take-on or customer due diligence remediation)  Performing remediation and / or periodic KYC reviews for our client  Gathering and analysing KYC documentation in accordance with the clients AML policy requirements to identify and close any gaps  In depth knowledge of corporate structures i.e. privately owned or public companies, trusts and partnerships and/or legal institutions   Good technical knowledge of KYC and CDD  Driven with the ability to multi-task and work in a fast-paced environment  PC skills (Word and Excel)  Ability to work to demanding deadlines (workflow & time management)  Ability to attain and maintain specified quality and production targets  Ability to work independently & as part of a rapidly changing team  Demonstrate an ability to work with honesty, integrity, and trustworthiness  Maintain high standards of professionalism and competence  Good communication skills    Other  We are keen to hear from candidates who a

KYC Analyst 6 Months London One of our large Financial clients is looking for a KYC Analyst to join their team; To act within the first line of defence, in the three lines of defence model. The role is designed to protect the Bank by identifying Financial Crime and Sanctions risks associated with the onboarding of new clients into the Bank, and conducting periodic due diligence on all existing clients, using a risk based approach. To ensure that the client information registered in the KYC systems are consistent and have been correctly completed. This includes any customers classifications required for regulatory purposes. The role will also ensure that the correct regulatory notices and customer communication have been stored and where necessary have been correctly acknowledged by the customer.To escalate and formally report any client, or client activity which appears to expose the Bank to any Sanction or Financial Crime risks to the second line for advice / guidance. Background The function of this role is to process client KYC files, in relation to the onboarding of new clients into the Bank, and the amendment update and Periodic Review of the existing client population.This includes but is not limited to the investigation and documentation of the client's ownership structure and ultimate beneficial owner. The identification and investigation of any associated PEP's providing detailed rationale of their materiality and classification for approval by the MLRO. The examination and classification of negative news articles and the rationale for the classifications, including the ongoing monitoring of serious negative news articles. The checking and where necessary escalation of any sanctions related exposure, the purpose and nature of the engagement and the clients underlying business profile. The role will also be required to check and liaise with the Relationship Managers in regard to their KYB answers and the quality, consistency, accuracy and suitability of client documentation. The role will also need to review the risk calculations and consider its suitability, or whether a written representation should be made to the MLRO for a RAM override to more accurately reflect the client's perceived risk. Should the risk be deemed as high, the holder of the role will need to check the RM's enhanced due diligence assessment. Analyse FO submissions for new client onboarding or client periodic reviews, ensuring adherence to the CPD AML / CTF Standards, regulatory guidance and internal policies. Where necessary ensuring timely escalation to the relevant second line for further advice and guidance.Where required participate in the on the job training of new staff to the team, ensuring that they obtain a full understanding of the systems used as part of their role and the policies and procedures to be followed. Participate as directed in the remediation of files identified as requiring additional work by the Compliance Monitoring reviews, ensuring that the remediation is fully completed within the allowed timescale and any issues are escalated as soon as identified.Attend meetings with the Front Office teams as required, providing help and guidance in relation to KYC matters and where necessary working within the Front Office teams for short periods to assist RM's in the use of the systems or the completion of their tasks within the Periodic review process. Skills: Good understanding of the regulatory framework associated with Financial Crime / Sanctions / AML and to keep abreast of the changes to this.Previous experience of working within a CDD team in a financial institution would be a benefitExternally recognised qualifications in relation to AML and Customer Due Diligence are desirable, but not a prerequisite (e.g. ICA Certificates / ACAMS)Excellent communication skills both written and verbal and the ability to communicate complex issues and regulatory requirements to all levels of the organisation.Ability to collaborate and work within a team, supporting others to ensure the overall team objectives are achieved. Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive. If you require reasonable adjustments at any stage, please let us know and we will be happy to support you.

KYC AnalystLondon / Remote£50000 - £60000 per annumOur rapidly expanding client is a Fintech business in London looking for  currently in the process of building out a large KYC AML team as their business continues to grow within the market. Ideally the client is looking for people to start as early as possibleResponsibilities: Performing the due diligence on new Clients, requesting the KYC information, documentation, review and verification of received documentation and making an analytical risk assessment for new Clients.Thoroughly and succinctly document the research and analysis related to the financial activity and related entities of Clients, for an audience that includes Management, Regulators, Internal Audit, Senior Managers and Internal Compliance.Periodically evaluate existing Clients according to established policies and procedures.Periodical review of KYC records as to completeness, including verifying that due diligence has been performed and that CBC (due diligence) standards are complied with; also that the files and risk assessments are current and up to date.Investigating high risk clients and reporting where necessary, including Politically Exposed Persons, and obtaining all necessary documentation to complete the client file.Process entries to open/close clients’ account on our KYC / Related Parties and CDD database, and instruct Client Desk to open/close the accounts on account level in Equation where applicable.Maintain continuous contact with customer in order to keep customer file updated.Process amended client’ records on our KYC / RP and CDD database.Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents.Have a thorough understanding of client’s business and related parties in order to monitor client’s activities for unusual transactions. Qualifications: Degree in a suitable subject.2-3 years of experience in similar position.Can demonstrate experience in KYC work within the financial service industry.Good understanding of AML and CTF framework.Banking/Hedge fund industry and/or Trust business experience is an advantage.Experience with AML monitoring and screening is an advantage. Compliance qualification is an advantage.Strong research and analytical skills.Excellent communication skills in English, both verbal and written. Must have good planning and time management/prioritization skills.Perform further investigation on identified suspicious client and client’s transactions and report to KYC/AML compliance officer.