KYC Analyst (f/m/d)

Your area of work:

KYC Centre of Competence Unit is responsible for the day to day Customers Due Diligence processes for the Clearstream entities in a dynamic and international context. We ensure Customers and Clearstream comply with national and international laws and regulations. We work in collaboration with a wide range of internal stakeholders including Sales and Compliance as well as within the whole Deutsche Börse Group throughout the life cycle of the Customers relationship.

The KYC Centre of Competence Unit (“KYC CoC”) works closely with the other business units and control functions to ensure Customers and Clearstream are in compliance with national and international laws and regulations related to Customers Due Diligence processing. The KYC CoC has a proactive role in the identification and verification of customers data, information and documentation and in the detection of potential gap or non-compliance. The KYC CoC is also responsible for Clearstream Compliance works in partnership with Group Compliance which is responsible in defining group-wide compliance policies, supports their uniform application within the group entities, and provides centralised services to prevent money laundering and terrorist financing, international financial sanctions, anti-corruption, data protection, and the prevention of conflicts of interest and related securities law requirements.

Your responsibilities:

• E2E KYC review case management

  • Identify customers eligible for the KYC review cycle

  • Identify, collect and verify customer ‘documentation from different reliable sources and input into respective systems for further screening

  • Monitor KYC review progress by ensuring review cycles is completed on a timely manner in line with review cycle deadlines

  • Perform ad-hoc KYC reviews e.g., trigger event – change in ownership/adverse media.

  • Control of the activities performed by the Delivery Hub

  • Management of alerts and triggers – review and apply internal policy to mitigate identified risk(s)

  • Escalation to Relationship Management (RM) or to Compliance function when necessary

• Being a subject matter expert on KYC for all levels of due diligence including risk assessment.

• Act as point of contact/mediator for both internal and external stakeholders in the KYC process

  • Liaise with internal teams to obtain necessary information/documents for the KYC review process, RMs/Compliance for approvals and escalation

  • Liaise directly with clients for KYC periodic review process and assigned Onboarding Manager for NTB

• Assessment of low and medium risk customers and proposal of risk recommendation to Risk Approver for review and consideration.

• Provide weekly report to Top Management on the progress made.

Your profile:

• University degree in economics, finance or law or a relevant comparable
• Minimum of 3 years of proven experience in leading and managing in KYC processes and reviews, ideally in Luxembourg
• Strong knowledge of relevant AML/CTF legal and regulatory requirements applicable to Clearstream Banking S.A. and to Deutsche Börse Group entities (e.g., CSSF Circular 20-05, MiFID II, GDPR, German Anti Money Laundering Law, etc.)
• Appropriate assessment of risk factors inherent to the customer type
• Excellent time management and organizational skills with attention to details, acts as SME to concerned stakeholders
• Analytical and detail-oriented and strong sense of accuracy
• Strong conceptual and methodological skills, pro-active with ability to multi-task and take immediate actions and set priorities to achieve deadlines

Has the ability to operate with a limited level of direct supervision and exercise independence of decision making

•  Good communication skills with ability to interconnect with transparency, directly with customers and across internal teams throughout the E2E KYC process, in an international environment

To communicate

• Proficiency in written and oral English, German, and French.  Italian and/or Spanish language skills will be an asset
• Good understanding of the fund industry would be an asset
• Strong use of MS Office applications