BA4 Know Your Client (KYC) Refresh Analyst

Job description

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com . Barclays offers investment banking products and services in the US through Barclays Capital Inc.

About Barclays Investment Bank
We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs.

EEO statement

It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Overall purpose of role

The KYC Refresh Analyst is primarily responsible for ensuring that all existing client relationships have undergone the appropriate client refresh screening as mandated by the Barclays Capital Global KYC Procedures and the Global KYC Refresh – Low and Medium procedures. The KYC Refresh Analyst works closely with his / her counterparts in other regions and infrastructure groups, especially Global Reference Data, Credit and Compliance. The KYC Refresh Analyst will also communicate daily with the Sales and Banking teams. The candidate must be detail-oriented with the ability to multi-task, prioritize work assignments, communicate effectively with internal staff and clients, and complete assignments accurately and in a timely manner. Follow-through skills and time management are critical elements of this position.

Key Accountabilities

Perform the required KYC screening on existing clients by documenting and corroborating the information obtained on the client as required by the Global KYC Procedures utilizing a variety of independent research sources.

· Analyze Client data, documentation and negative news in order to determine Client Risk Profile as established under the Global KYC Procedures.

· Collaborate with the KYC Group's counterparts worldwide on global requests.

· Produce a detailed client review write up in the Global Account Opening System.

· Maintain detailed records on clients for second-level review.

· Track and report all documentation breaks.

· Responsible for reviewing and ensuring all required AML / KYC Regulatory requirements for existing clients are still in place. ( i.e. executed USA Patriot Act certification for all Foreign Banks, MIFID, etc)

· Liaise with Compliance on specific requirements and regulations arising under special circumstances.

· Liaise with Clients, Front Office, Credit, Legal and Operations as necessary as part of the KYC Refresh process.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Person Specification

Basic Qualifications

· Bachelor's Degree

· 1+ years of experience in financial services

· 1+ years of Excel computer skills

Preferred Qualifications

· Strong analytical skills and detail orientated

· Strong ability to multi task

· Sound communication skills

· Team player