KYC Analyst

Conduct thorough Know Your Counterpart (KYC) reviews on new and existing clients / suppliers, based on reports generated by the MDM team and / or documents provided by the respective BUs. This includes corroborating the information obtained on the client / supplier as required by the Global KYC Procedures utilizing a variety of independent research sources and current due diligence tools.
Verify and validate customer / supplier information to ensure compliance with anti-money laundering (AML) regulations.
Request further information from the BU s or client / supplier directly, as necessary.
Generate reports (as comprehensive as possible) detailing KYC findings and risk assessment.

Assisting and providing guidance to the MDM team with the performance of due diligence on new clients / suppliers, requesting KYC information and documentation as applicable, reviewing and verifying documentation received and making an analytical risk assessment for new clients / suppliers. Where trade sanctions risks are identified as part of the KYC process or as part of any separate trade sanctions check, ensuring escalation to Group Legal for resolution.
Periodically evaluating existing clients / suppliers according to established policies and procedures.
Periodically reviewing KYC records as to completeness, including verifying that due diligence has been performed and that standards are complied with; also, that the files and risk assessments are current and up to date.
Maintain continuous contact with customers / suppliers in order to keep customer / supplier files updated.
Communicating effectively and efficiently with relevant internal and external parties to obtain KYC documents.
Having a thorough understanding of V.Ships BU / V.Services BU and related parties in order to monitor activities for unusual transactions.
Initiating investigations on identified suspicious transactions and reporting any findings to line management.
Responsible for a good understanding of due diligence regulations, policies and procedures.
Specific projects which may rise from time to time.

Essential Skills, Qualification and Experience required
Must have a bachelor s degree in law or business administration or country equivalent in a related discipline together with equivalent work experience.
Previous work experience in similar position
Good understanding of AML / ABC / Sanctions framework.
Experience with AML / ABC / Sanctions monitoring and screening using a leading screening tool.
Strong research and analytical skills.
Excellent communication skills in English, both verbal and written.
Must have good planning and time management / prioritization skills.
Ability to work independently and also to liaise with other departments.
Good interpersonal skills.
Must have good knowledge of Microsoft office applications.

Communication in another language e.g. any European language.
Compliance qualification is an advantage.