Senior CDD vacancy within private banking.
End-to-end CDD/EDD of HNW/UHNW clients (individuals, trusts, and related entities) across onboarding, periodic review, and event-driven remediation.
Client Details
Global financial institution primarily focussed on Corporate and Institutional Banking, Private Banking, Wealth
Management and Treasury.
Description
*Act as the first line of defence for KYC/AML risk in Private Banking department by delivering end-to-end CDD for international HNW/UHNW clients (individuals, trusts, and related entities) across onboarding, periodic review, and event-driven remediation.
*Review, validate, and challenge client-provided information and documents to ensure completeness, accuracy, and a robust customer profile before account opening/continuation.
*Analyse complex client and trust ownership/control structures, identify controllers/settlor/protector/trustees/beneficiaries and UBOs where applicable, and document conclusions clearly for audit trail.
*Perform and evidence sanctions/PEP screening and adverse media checks, investigate potential matches, and escalate confirmed/unclear hits in line with policy and timelines.
*Assess financial crime risk factors (e.g., geography, product usage, occupation/business activities, high-risk industries) and ensure the right level of due diligence is applied, including EDD for high-risk and PEP relationships.
*Obtain, assess, and corroborate Source of Wealth and Source of Funds information/evidence (particularly for high-risk/PEP cases) and request additional documentation to resolve gaps, inconsistencies, or red flags.
Profile
*Experience in 1st line KYC/CDD within a UK or GCC bank (or equivalent regulated firm), covering onboarding and periodic/event-driven reviews.
*Exposure to international UHNW client profiles and higher-risk drivers (e.g., multi-jurisdictional footprints, complex wealth, reputation risk), with confidence applying EDD where required.
*Practical knowledge of trusts and fiduciary structures (roles such as settlor, trustees, protector, beneficiaries), including documenting ownership/control and rationale clearly.
*Hands-on experience performing sanctions/PEP screening and adverse media searches, investigating potential matches, and escalating appropriately.
Job Offer
*Competitive salary of £60,000.
*Opportunity to gain valuable experience within the Financial Services industry.
*Work in a professional and structured environment in London.
*Potential for career development within the Risk & Compliance sector.
*Comprehensive benefits package (to be confirmed).