KYC Analyst, UK

JERA Global Markets

  • United Kingdom
  • Permanent
  • Full-time
  • 2 months ago
Job Description:Reporting into the Compliance Manager, the KYC Analyst will be responsible for all aspects of counterparty onboarding, including pre-deal Counterparty Due Diligence (CDD) and Know-Your Customer (KYC), anti-money laundering and sanctions screening, evaluation and monitoring.As a global trading business, JERAGM has counterparty exposure in Asia, EMEA, the U.S., and Latin America. The quality of our counterparties ranges from large listed utilities and global trading companies to small single ship owning organisations. Trading relationships range from bilateral commodity sales and purchases to complex long-term structured transactions.JERAGM is committed to follow and uphold to the key international principles of anti-money laundering, anti-bribery and corruption, countering terrorism financing, combating fraud and tax evasion. JERAGM follows CDD and KYC regulatory requirements from various geographies and firmly guards its reputation. As a result, CDD and KYC management is a critical part of JERAGM's business, operations and culture.The KYC Analyst should be a strong, self-starter who has experience in a trading environment.There is also an opportunity to travel in this role.This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.Key Role ResponsibilitiesAs part of the wider Compliance Team, the KYC Analyst will be responsible for taking ownership of the CDD and KYC procedures across JERAGM's whole portfolio of counterparties and associated service providers, with the support of the Compliance and Legal Teams.Key responsibilities include:
  • Conducting on demand, CDD and KYC screening, assessing and analysing new and existing counterparties in accordance with JERAGM's KYC policy (e.g. perform adverse news and sanction screening & monitoring, PEP, directorship, ownership identification, etc.).
  • Providing KYC risk assessments, recommendations of action as well as enforcing decisions made and remediations decided by the appropriate internal authorities.
  • Ensuring the adequate ongoing or ad-hoc KYC monitoring of JERAGM's portfolio of counterparties.
  • Documenting and storing information to create and maintain appropriate audit trails in accordance with JERAGM's KYC policy and data privacy requirements.
  • Managing relationship with Front Office and counterparties to obtain necessary information and documents to enable the KYC and CDD process.
  • Working closely with the Compliance and Legal teams as required.
  • Driving continuous improvement and efficiency of the KYC processes, including contributing to the development of new policies and practices.
Note that in addition to these duties employees are required to carry out such other duties as may be reasonably required.Qualifications:
  • 2 years experience minimum in a CDD or KYC analyst position gained within a commodities trading environment or financial institution.
  • Experience with KYC and AML monitoring and screening tools (e.g. World Check, Dun & Bradstreet, etc.).
  • Bachelor degree in Business, Finance, Accounting or equivalent professional qualifications (e.g. ACAMS or ICA) required.
Person Specification
  • Meticulous, organised and accountable, able to work autonomously within strict deadlines and within policies.
  • Adaptable with the ability to work independently and as part of a team.
  • Confident personality with the ability to communicate and write effectively as well as interact with a variety of JERAGM functions and external counterparties.
  • Ability to work under pressure in a trading environment.
About Us:About the CompanyJERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading Ltd, JERAGM's shareholders are among the world's major utilities.JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its indepth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.Headquartered in Singapore, JERAGM has a global talent pool of more than 400 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Houston).JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has an AA- Stable rating from R&I, attributable to a robust business model and solid financial base.

JERA Global Markets