Compliance Analyst

We are partnered closely with a highly reputable Insurance business who are seeking a Compliance Analyst to join their warm and growing Compliance function.
Duties:
Undertaking client due diligence checks and determining the nature and level of due diligence required.
Facilitating the onboarding process for new customers.
Check that all appropriate information is contained in the KYC review of documents to meet all regulatory and legal requirements
Ensure compliance with AML/KYC regulations, Internal policies, and procedures
Report any suspicious or unusual activity to the compliance department.
Using Sanctions & Regulatory Checking database to establish if there are reputational or sanction related issues.
Ensure that during the process, any identified ‘High Risk’ cases from due diligence and sanctions activities are escalated to management
Advising the business day-to-day as required on policy application and interpretation – e.g. customer due diligence requirements.
Assist with specific departmental projects as required.
Adhere to company and regulatory policies, procedures together with mandatory training requirements.
Experience:
Previous experience within a Due Diligence/KYC/Compliance environment within the London Insurance Market.
Knowledge and use of sanction checking software
Understanding of regulation and legislation requirements
Experience of the technical tasks listed under key responsibilities & accountabilities
Understanding of regulation and legislation requirements
Good IT skills and ability to pick up new systems quickly
Strong communication skills