Know Your Client & Client Onboarding Assistant Vice President

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We are looking for an experienced KYC Analyst for our Specilaised Products Dept. to join our team.

This position will play a pivotal role in supporting the existing KYC Team, focusing on managing end-to end KYC processes of SPD Clients in compliance with regulatory mandates and internal SMBC policies.  SPD is supporting Leveraged Finance, Real Estate Finance, Subscription Finance and Net Asset Value departments.

Essential Skills & Requirements:

• 3+ year KYC experience within a Bank, a private equity, credit or fund investment environment, with a good working knowledge of leveraged transactions, private equity structures and fund financing mechanisms.
• Excellent knowledge in AML, KYC and regulatory requirements for Client Onboarding.
• Ability to understand legal corporate entities and complex corporate group structures.
• Self-motivated, able to independently work in an extremely fast-paced, high-volume environment that calls for constantly changing priorities.

Business Area

This position sits within the KYC Team, of our Specialised Products Department focusing on managing end-to end KYC processes of SPD Clients in compliance with regulatory mandates and internal SMBC policies.

As jurisdictions tighten their KYC and AML requirements and regulatory scrutiny, financial institutions are facing increased pressure to identify and report the ultimate beneficial owners (UBOs) of entities.

Given the high competition within the LBO Market and growing customer expectations for seamless onboarding, Specialised Products Department (SPD) at SMBC is witnessing an increased workload for its KYC Team.

Position Description

SPD is supporting Leveraged Finance, Real Estate Finance, Subscription Finance and Net Asset Value departments.  There are 8 dedicated KYC team members in SPD which are responsible for:

• Opening and maintaining of Customer accounts for SPD across all systems.
• Analysing complex corporate structures, including partnerships and fund vehicles, while liaising with multiple stakeholders and balancing multiple deadlines.
• Conducting research, reviewing, compiling and checking the completeness of KYC documentation for new on-boardings within the set deadline.
• Liaising with RMs and global Back Office & Middle Office teams (including PD Legal & Compliance Dept, OAD, Treasury Department, etc) incorporating therein compliance with all internal policies, procedures, regulations, and guidelines.
• Ensuring annual Customer Financial Crime Risk reviews are completed within the set deadline. Conducting investigative analysis of any issues rose during the review processes, providing feedback and evidence to Reviews Coordinator, Head of CDD, MLRO, RMs and the relevant Front Offices as required.
• Liaising with RMs, CDD Team members when discrepancies in the documentation are identified and providing appropriate feedback.
• Ensuring that the Customer data is maintained in a high standard of accuracy during life of Customer relationship and perform essential house-keeping duties across Banks systems, including maintaining EIC customer records and relevant documentation.
• Accomplishing productivity and quality targets and managing own pipeline for incorporating feedback from quality checkers.
• Keeping Management informed of status of cases and proactively identifying issues.
• Performing research via internal and external sources, gathering and analysing documentation in accordance with regulatory and KYC requirements.
• Participating in training programmes to develop KYC knowledge relevant to each type of Customers and their Jurisdictions to ensure consistent competency

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!