KYC Quality Assurance

4 days in the office.

A prestigious private bank with a significant and growing presence in the UK is seeking a KYC Quality Assurance Analyst (Contract Role).

The KYC Quality Assurance (QA) Contractor will be working on behalf of the Financial Crime Compliance team, and will perform independent, risk-based QA reviews on periodic reviews completed by the KYC Advisory team on clients across all risk ratings.

• Validate compliance with KYC/CDD standards: client identification, verification, beneficial ownership, control structures, source of wealth (SoW), source of funds (SoF), expected activity, screening (sanctions/adverse media/PEP), and risk rating rationale.
• Assess documentation sufficiency, quality, and currency; challenge gaps and ensure remediation is tracked to closure.
• Review, verify, and challenge risk assessments and periodicity alignment with policy
• Perform quality checks on name screening clearance, PEP, Sanctions and adverse media disposition
• Validate that EDD requirements for High Risk/PEP clients are appropriately scoped, evidenced, and approved.
• Test adherence to procedures, data quality, and control effectiveness; elevate control weaknesses and potential policy breaches.
• Produce clear QA findings, ratings, and actionable feedback; communicate results to KYC Analysts and Team Leads.

• Assist management in the preparation and analysis of Compliance MI, providing insights into trends, risks, and areas for improvement.
• Support the development and maintenance of dashboards and reports to track financial crime compliance performance.

• 5+ years’ experience in KYC/AML within private banking or wealth management; 2+ years in Quality Assurance, Quality Control, or 2
  
  LoD testing preferred.
• Strong knowledge of KYC/CDD frameworks for private banking clients: complex ownerships, trusts/foundations, holding structures, family offices, offshore jurisdictions, SoW/SoF assessment, and PEP/High Risk handling.
• Familiarity with sanctions screening, adverse media methodologies, PEP classification, and EDD standards.
• Experience with regulatory expectations (e.g., FATF, local regulations) and audit/compliance testing interactions.