[Hiring] Compliance Analyst @Marcura

Role Description

The Compliance Analyst (KYC & KYB) sits in Marcura's Compliance team and carries out first line customer due diligence across the Group's regulated and unregulated business units. The Analyst onboards and reviews individual and corporate customers and counterparties, verifying identity, ownership and control, source of funds and nature of business, and applies enhanced due diligence to higher risk relationships and PEPs. Every decision is made in line with Marcura policy and procedure and is written up clearly on the case file. Where the Analyst knows or suspects money laundering or terrorist financing, they report it to the MLRO.

Key Responsibilities

• Complete KYC and KYB checks on new individual and corporate customers and counterparties at onboarding, verifying identity, legal existence, directors, nature of business, source of funds and expected account activity, and making sure no relationship goes live until due diligence is complete.
• Identify and verify the ultimate beneficial owners and controllers of corporate customers, working through layered or offshore ownership structures and recording how each has been confirmed.
• Assess and record a customer risk rating in line with Marcura's risk assessment methodology, taking account of jurisdiction, industry, ownership complexity and the products used.
• Apply enhanced due diligence to higher risk relationships and politically exposed persons, obtaining further evidence of source of funds and source of wealth and preparing the file for senior approval.
• Conduct periodic and event-driven reviews of existing customers, refreshing documents and information, re-assessing the risk rating and confirming the relationship remains within risk appetite.
• Respond to requests for information from our banking partners on customer identity, ownership and due diligence records accurately and by the deadline given, flagging any request that raises a wider concern.
• Report any knowledge or suspicion of money laundering or terrorist financing identified during due diligence to the MLRO straight away through an internal suspicious activity report, without tipping off the customer or anyone else.
• Maintain complete and accurate due diligence files and risk assessments in the case management system, and raise recurring documentation gaps or onboarding issues with management.

Qualifications

• Degree in finance, law, business or a related subject preferred.
• Relevant experience in a regulated financial services firm will also be considered.
• ICA, ACAMS or an equivalent CDD/financial crime qualification preferred.
• 2 to 4 years in a KYC/KYB or customer due diligence role is desirable.
• Experience in a firm regulated in the UK, Portugal or elsewhere in Europe is also desirable but not required.
• Payments, e-money, banking or fintech preferred.
• Maritime, shipping or cross-border payments experience is a plus.
• Good attention to detail, sound judgement on beneficial ownership and risk rating, clear written case notes, and the ability to manage a workload of onboarding and periodic reviews against deadlines.
• English required.
• Preferred prior knowledge of customer and enhanced due diligence standards, beneficial ownership verification, PEP risk assessment, and a working understanding of UK and EU anti-money laundering requirements.