KYC Due Diligence Implementation Analyst

Job Description:

Employer:

DWS Group

Title:

KYC Due Diligence Implementation Analyst

Location:

Madrid

Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change. Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future.

And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career. This is your chance to invest in your future. Read more about DWS and who we are here.

In accordance with Anti-Money Laundering Requirements, Banks are obliged to perform Know-your-client (“KYC”) reviews on all new and existing clients. These checks and reviews are made in strict accordance with regulatory standards and jurisdictions and the bank’s internal policies. The KYC Analyst assists the bank’s clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures (SOP’s) and Operation Level Agreements (OLA’s) to achieve accurate and timely account opening of retail clients.

The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation, performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements, signing off on new client adoptions and support the onboarding of retail clients investing in savings products offered under Germany's new Private Pension Reform framework.

As our KYC Due Diligence Implementation Analyst you will:

• Support the go-live of new processes and help stabilize operations during ramp-up
• Responsible for verification of Client data
• Perform due diligence of new and existing Retail clients
• Verifying KYC documentation of the Clients to be adopted/reviewed
• Perform the risk assessment of the Client to be adopted/reviewed
• Signing off on new client adoptions and Regular reviews
• Manage New Client Adoption or Regular Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies
• Manage exception ensuring that all SLA’s defined with the Business on timeliness and quality are adhered
• Preparing timely reports and MIS for various stakeholders.
• Contribute to process improvements
• Ensure a high-quality customer experience while maintaining compliance with regulatory expectations

Preferred 1 to 2 years of work experience in AML/KYC for Retail Clients/compliance within corporate financial services industry, Research/Analytics role in other Banks / KPOs Understanding of Control, Compliance, Investigation/chasing functions in banks Analytical & Investigative Skills – Ability to assess customer information, investigate Name List Screening (NLS) alerts, identify potential risks, and make well-supported decisions Familiar with AML/KYC regulations and industry guidelines Operational Excellence & Attention to Detail – Proven ability to process high volumes of cases accurately while maintaining compliance, auditability, and service level commitments.

Change & Process Implementation Capability – Experience supporting process rollouts, go-live activities, operational stabilization, and continuous improvement initiatives in a regulated environment Good English Language Skills Written & Verbal Good reading, comprehension,…