KYC Analyst (Periodic Review)

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a leading franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.

For more information visit www.marex.com (http://www.marex.com/)

Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

The Periodic Review function is part of the KYC/On-Boarding function within Operations servicing the Marex Group globally. The primary objective is to ensure all clients maintain up to date due diligence documentation in line with Marex standards and policy. Periodic Review is a control function and have a responsibility to protect Marex and our clients, escalate issues where and when they arise and demonstrate a strong knowledge of KYC and AML to serve as a first line of defence.

Responsibilities:

• Ensure that appropriate CDD/KYC and AML checks are performed on all existing customers, and in accordance with local regulatory requirements, in conjunction with the Financial Crime Compliance team.

• Ensure that appropriate customer categorizations are carried out in accordance with local regulatory requirements.

• Manage the Client Outreach process effectively and raise any issues or concerns to the PR Team Lead in a timely manner.

• Ensure that the integrity of the static data inputted by the Onboarding Team into the Client Data Base (a.k.a. PeopleSoft) is accurate. To be validated and amended during periodic review.

• Manage and prioritise the periodic review cases on a weekly basis.

• Ensure that complete records of all client documentation are maintained.

• Ensure that desk procedures are kept up to date.

• Ensure that the Front Office is advised, when necessary, of the relevant Group’s KYC minimum standards procedure and documentation requirements.

• To assist on ad-hoc trigger reviews, projects, audits that the Periodic Review department is required to carry out.

• Efficiently deal with general day-to-day ad-hoc queries.

• Work closely with the Financial Crime Compliance team.

• Keeping management informed of issues and developments in a timely manner.

• Ensuring compliance with the company’s regulatory requirements under the [FCA, NFA, AMF, AFM, MAS].

• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.

• Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.

• At all times complying with the FCA’s Code of Conduct

Skills and Experience:

• Understanding of KYC principles and knowledge of corporate structures

• Awareness and knowledge of; FCA Handbook, JMLSG, AML/ABC/TF regs

• Research and analytical skills with the ability to summarise complex findings

• Effective written and oral communication

• Self-motivated, organised, pragmatic whilst being able to deliver under pressure

• Analytical skills

• Problem solving skills

• Experience in stakeholder management

• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Competencies:

• Excellent verbal and written communication skills

• A collaborative team player, approachable, self-efficient and influences a positive work environment

• Demonstrates curiosity

• Resilient in a challenging, fast-paced environment

• Ability to take a high level of responsibility in a fast pace and high-volume environment

• Excels at building relationships, networking and influencing others

• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

If you’re forging a career in this area and are looking for your next step, get in touch!

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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