Onboarding and KYC Analyst

  • Saxo Bank
  • Prague, Czechia
  • 31/05/2023
Full time Forex Fintech Analysts Compliance Sales

Job Description

About the job:

As one of the leading, global trading and investment platforms, Saxo is a 30-year-old fintech on a mission to get curious people invested in the world.

Saxo onboards clients from across the Globe and in our efforts to combat money laundering, terrorist financing and financial crime, we are strengthening our capacities in our CEE onboarding team in Prague and are looking for an Analyst with Polish, Slovak or Czech language.

As Analyst, you will be working with a wide variety of tasks within the financial crime and anti-money laundering area. You will be responsible for processing the incoming clients applications in accordance with the KYC business procedures, and in line with the Global Minimum KYC Standards and Saxo Group’s Risk Appetite.

Further, you will identify potential improvements to onboarding process flows and procedures, and come with improvement suggestions and be involved in the implementation of those together with other Saxo units, such as IT, Commercial teams and Compliance.

Your responsibilities will be, but are not limited to:

  • Meet the SLA’s for processing the incoming cases and meet the agreed Quality standards.
  • Identify and escalate potential areas for process improvement and system automation with focus on enhancing the client experience.
  • Participate in daily tasks such as quality check, review of results of the ongoing client AML screening, processing incoming requests to the team’s inbox.
  • Do periodic review of clients and to ensure documentation is accurate & current.
  • Interact and cooperate with other relevant departments to ensure compliance, operational efficiency, proper business procedures and client focus.
  • To cross-train for different geographies.
  • To have SME level knowledge of locally important regulatory requirements and background legislation.
  • To continuously update the governing procedures and work instructions in line with updated Global Minimum KYC Requirements, Compliance and Legal.
  • To collect and analyze information in order to evidence the need for change.
  • To adhere to complete all mandatory trainings within due time and follow all other policies as required without chaser and follow up.
  • To comply with all applicable guidelines and instructions laid down by the Management pertaining to the work of a Senior Onboarding & KYC Analyst.
  • To take ownerships of implementation of new features and incorporation of new rules and regulations of the team’s working processes.

How do you succeed:

  • You have a DD/KYC background and have a good knowledge of AML laws and regulations.
  • You have strong interpersonal skills, and are comfortable to liaise with clients and colleagues globally.
  • You are a strong team player.
  • You are able to multi-task, prioritise different projects and solve the issues in a timely manner.
  • You have a positive attitude and are able to work well under pressure and perform comfortably in a stressful environment, whilst achieving target.

Your profile:

  • 1-2 years of KYC/onboarding experience.
  • Client facing experience.
  • A university degree.
  • Polish, Slovak or Czech speaker

We offer:

We aspire to be a non-hierarchical, purpose-driven organisation. At Saxo, it is not about entitlement; it is about impact – no matter where you sit in the organisation. A good idea is always taken seriously and you can truly make a difference.