Job description

Guaranty Trust Bank (UK) Limited

JOB TITLE: Customer Onboarding and Review Officer

DEPARTMENT: Customer Onboarding and Review

LOCATION: London

A BRIEF INTRODUCTION TO GTBANK (UK)

Guaranty Trust Bank (UK) Limited offers both retail and wholesale banking products and services to private, corporate and institutional clients. Our products and services are designed to address the needs of individuals and corporate clients visiting or based in the United Kingdom with business or personal connections in Africa and vice versa.

SCOPE AND RESPONSIBILITIES

To assist on a daily basis the Bank’s business units to ensure that the Bank implements and adheres to the relevant rules of the Financial Conduct Authority (FCA), Information Commissioner Office (ICO), National Crime Agency (NCA) and HM Treasury (HMT).

The person will assist in the growth of the Bank’s business in a compliant manner and will ensure that the business teams follow all the required policies, rules and procedures for the opening of accounts and annual reviews of accounts.

The role involves all aspects of AML work including new account document verification, regular account review, surveillance and monitoring controls and AML as part of the firm's comprehensive programme for achievement and maintenance of compliance with UK laws and FCA regulations.

The candidate should have strong relevant AML experience, preferably in the banking sector, involving compliance and regulatory risk matters in retail financial services.

KEY RESPONSIBILITIES

Assisting the Money Laundering Reporting Officer on the bank’s AML activities including the reporting of suspicious transaction.

Ensuring Know Your Customer policies and procedures are adhered to including reviewing all new account applications and profiles; AML/KYC Remediation/onboarding and client management.

Build and maintain professional relationships with business functions to ensure effective co-operation, communication, and seek opportunity to promote higher regulatory standards and awareness;

Experienced in dealing with higher risk customers, products and jurisdictions and in working with front office and business areas. Carrying out simplified and enhanced due diligence, covering matters such as source of wealth, verification of beneficial ownership and ensuring timely review of all high risk and medium risk accounts on an ongoing basis.

Monitor suspect transactions arising out of reviews, liaise with relationship mangers (RM), back office and front staff with regards to accounts opening. Escalation of potential matches as appropriate and liaising with the Compliance team.

Assisting with the development and implementation of an enhanced monitoring programme for high risk clients and engaging regularly with relationship managers within the bank to discuss issues pertaining to reputation risk, transactions and account profile.

Participating in the development, testing and implementation of new and enhanced systems and processes. Participating in ad hoc Anti Money Laundering projects.

Keeping up to date with regulatory developments and informing your line manager on any significant regulatory development.

Assisting in developing and maintaining the Bank’s compliance culture.

Undertaking any ad-hoc projects or tasks as determined by the Bank.

KNOWLEDGE & EXPERIENCE REQUIRED

Proven experience of KYC analysis of corporate clients and understanding the due diligence of individuals, partnerships and corporate documents is essential

Experience of PEPs, Sanctions and Negative Media screening

Excellent technical ability and in-depth knowledge of relevant legislation and regulation;

Good understanding of financial markets and current regulatory issues; a good understanding of UK and European money laundering regulations, initiatives and directives;

Good verbal, written communication and influencing skills;

Must be able to work without close supervision and to strict timelines;

Must be able to work as part of a team and on own initiative;

Strong project management, problem solving and analytical skills;

This job description is not to be constructed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties as reasonably requested by your manager.

GTBank UK is an Equal Opportunities employer.

Job Types: Full-time, Permanent

Salary: £32,000.00-£35,000.00 per year

Schedule:

• Monday to Friday

Ability to commute/relocate:

• London, W1W 8LP: reliably commute or plan to relocate before starting work (required)

Experience:

• Customer service: 1 year (required)

Work Location: Hybrid remote in London, W1W 8LP

Application deadline: 09/06/2023
Reference ID: Customer Onboarding and Review