Analyst - PEP & HRR Hub

• Conduct thorough due diligence to identify PEPs, their family members, and close associates as part of the client onboarding process or periodic reviews.
• Assess and monitor high-risk individuals or entities across all business lines and ensure comprehensive records are maintained.
• Utilize external databases, watchlists, and other sources to identify PEPs and high-risk clients.
• Perform EDD on PEPs and high-risk clients, including gathering, analyzing, and verifying information about the client s background, sources of wealth, business activities, and other risk factors.
• Analyze and assess potential money laundering, terrorist financing, and other financial crime risks associated with PEPs and high-risk clients.
• Prepare risk assessments and provide recommendations on how to mitigate or manage risks within the organization s risk tolerance.

Purpose of the role

To complete EDD/Exits cases which includes day to day processing, reviewing, reporting, trading and issue resolution.

Accountabilities

• Support with day to day Enhance Due Diligence (EDD)/Exits initiatives including processing, reviewing, reporting, trading, and issue resolution.
• Execution of EDD reviews on high-risk customers to maintain compliance with regulatory requirements and policies.
• Execution of exit reviews on customers who are having their accounts closed to mitigate risk, aligned to compliance and internal policy.
• Collaboration with teams across the bank to align and integrate EDD and exit processes.
• Identification of areas for improvement and providing recommendations for change in EDD and exit processes.
• Development and implementation of Issue resolutions relating to any inefficient controls .
• Development of reports and presentations on EDD and exit performance and communicate findings to internal senior stakeholders.
• Participation in projects and initiatives to improve EDD and exit efficiency and effectiveness.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L - Listen and be authentic, E - Energise and inspire, A - Align across the enterprise, D - Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.