About the Role
Our client is an extremely ambitious and highly respected Lloyd’s broker, seeking a KYC Analyst to support the Broking and Operations teams in matters concerning KYC (Know Your Customer) and TOBA (Terms of Business Agreement) processes and procedures through continued growth. They are seeking someone who is a team player to complement the existing team.
The client is widely regarded as a “Broker of Choice” across the market. The client has an outstanding pedigree and is widely regarded as one of the best within the market.
Key Responsibilities
Conduct entity and individual (directors and shareholders), KYC searches and screening to support client onboarding in line with risk-based KYC procedures checks to include: company registration, regulatory status, sanctions, PEPs, adverse media and credit rating
Engage with the business, Compliance function and Market Security Committee to run end-to-end KYC process and also ad-hoc KYC checks as and when required
Utilise third-party software screening (Dow Jones) and other public sources to obtain the information required
Conduct verbal verifications of client, intermediary and market bank account details
Review and track flagged items and liaise with the Compliance function to respond back to the business
Use KYC screening to perform due diligence reviews and risk assessments on new and existing clients
Ensure processes are in place and kept up to date, to report on flagged items and maintain an up-to-date recording of work being undertaken
Supplier and third-party support activities as required
When KYC screening and management are not required, assist Broking Operations tasks such as conducting file reviews and TOBA management
Administer KYC controls across Broking and Broking Operations
Maintain and complete broker questionnaires as and when required
TOBA maintenance and support, including but not limited to: business unit focal point for initial requirements; supplier liaison (as appropriate); management and maintenance of all TOBA records in line with requirements; market liaison as required; ensuring Market Security synergies are maintained as required
Maintain continual professional development to keep up to date with current and forthcoming laws and regulations
Key Skills & Experience
The Client is seeking a highly motivated individual with a strong aptitude for learning KYC processes and understanding FCA regulations as they relate to the insurance sector. The ideal candidate will demonstrate exceptional attention to detail and the ability to work forensically with data, supported by excellent analytical skills. A proactive and accountable approach is essential, with the confidence to take ownership of tasks and contribute to projects independently. Strong interpersonal skills are key, as the role involves close collaboration with cross-functional teams, including Risk & Compliance, Broking Operations, and Broking. The successful applicant will possess resilience under pressure, outstanding communication skills—both written and verbal—and the ability to present information clearly. Proficiency in Microsoft 365, particularly Excel, is also required.