Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Description of role and key responsibilities    

The Client Lifecycle Management team oversees the end-to-end KYC process for Clients for Investec Bank plc. This includes New Business Onboarding for New and Existing Clients, Periodic Reviews, Trigger Events and Off boarding. CLM support clients (both Individuals and Corporates) from HNW, Private Clients, Private Companies, Private Equity, Listed as well as Specialised Sectors including Aviation, Energy & Infrastructure, Real Estate, Direct Lending and Fund Solutions. We also support Global Markets and Principal Investments. CLM works alongside the MLRO & Financial Crime team to deliver their policies and apply appropriate Regulatory Classification as well as operational support for Investec Bank plc (IBP), and offshore subsidiaries and branches.

The KYC/AML Reviews Team Leader is responsible for overseeing the team dedicated to conducting thorough KYC/AML reviews – both periodic and triggered. This role involves ensuring compliance with regulatory requirements and internal policies, while also driving the team's performance and development. The candidate will be expected to prepare and present reports on team performance, review findings, and compliance metrics to senior management.  The team is responsible for working closely with Financial Crime, MLRO, Businesses (both UK and non-UK) and other colleagues in Operations, Legal, Credit and Risk. 

Key responsibilities of the team include

•    Timely, efficiently, and accurately conduct AML Reviews of existing clients, ensuring client records are accurate in all systems and that supporting documentation is saved and filed correctly.
•    Completing the end-to-end journey of a KYC Periodic Review from gap analysis to obtaining & updating information/documentation & final submission. 
•    Interpreting and analysing KYC data to accurately risk assess existing clients, making sound judgement calls in terms of escalation and risk mitigation.
•    Performing PEP, Sanction and Negative Media screening and analysing the results to discount or confirm matches.
•    Updating Regulatory Classifications (e.g., MiFID, EMIR, FSCS, FATCA/CRS and UK CASS rules etc),
•    Completing the required periodic client reviews within the prescribed time frame set out by IBP & regulators. 
•    Understand the differences across multiple business lines and apply the appropriate defined processes accordingly.

Technical Knowledge

•    Experience of team leadership role in the KYC sector. 
•    AML Diploma (completed or in progress) highly recommended
•    Deep understanding of AML Regulatory requirements with strong knowledge of JMLSG and Money laundering regulations
•    Proven working knowledge of Regulations such as MiFID, EMIR, FSCS, FATCA/CRS etc.
•    Proven experience of dealing with end-to-end KYC including advising on, complex corporate structures, speaking to clients/business etc.
•    Proven track record of process improvement, implementation and process management and embrace change
•    Ability to interpret and understand legal documentation such as Master Facility Agreement typically found in loan/refinance and/or ISDA for trading products.

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

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