KYC Officer Porto

KYC Officer
Porto
Porto, Porto District, Portugal

Company Description

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, where it applies technology for the development of financial expertise in its two global business lines – Corporate & Investment Banking and Asset & Wealth Management – and, transversally, for the entities of Groupe BPCE.

The Centre of Expertise, based in Porto, currently has more than 2, 400 employees from over 30 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group. The project in Porto is one of the biggest investments in Human Resources ever made by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

In 2024, Top Employers Institute has awarded Natixis in Portugal the Top Employer Portugal accreditation for the second time. This certification recognizes excellence in people practices, following the example of our head office, in France, who was certified Top Employer France for the eight year in a row.

Job Description

Team presentation and main goal:

Know Your Client (KYC) are standards used in the investment, financial and insurance services industry to verify customers and know their risk and financial profiles.

KYC Analyst primary focus is to gather client data and documentation to build a KYC file to support the due diligence assessment of prospective and existing clients.

KYC analyst will be responsible for the onboarding and periodic review of clients in a timely manner, in line with business strategy and needs, and for ensuring consistent application of local and global KYC policies through the lifecycle of clients.

Main tasks and goals:

1. Conduct initial checks against internal data/database to determine KYC information held internally;
2. Analyze and determine account documentation required based upon counterparty type and products traded as well as approving adequacy of account documentation and financial information received from prospective customers and performs Gap Analysis with existing documents;
3. Liaise internally with relevant stakeholders for list of required KYC and Regulatory documents, determines required documents for KYC;
4. Perform detailed Sanctions Screening and PEP reviews;
5. Organize documents collected and extract relevant data to support the KYC process. Ensure and validate that collected documents are consistent, valid, and adequate with internal procedures/guidelines, while ensuring due diligence regarding local requirements are properly performed;
6. Enter or update systems with data related to scoring grid, based on the documentary analysis performed;
7. Escalate risks and issues when necessary to other internal actors to deal with higher risk elements/situations;
8. Document upload and data capture;
9. Interact with the Compliance department to follow internal policies and procedures as well as adapting to changes in procedure or regulatory requirements as communicated;
10. Ensure the production, analysis, and communication of the management indicators - when entering a relationship with new prospects/customers or third parties;
11. Support the implementation of new processes by ensuring their proper application;
12. Assist the department manager in various tasks related to, but not limited to, working with, and rolling out to the group the implementation of new controls and efficiencies where needed.

1. Ability to manage stress and work in a constantly evolving regulatory landscape;
2. Strong problem solving, analytical and communication skills;
3. Experience working with global stakeholders namely APAC, AMER, EMEA (one or more).

1. Bachelor’s degree in Management/Economics/Finance/Legal or related field;
2. KYC/Vetting related functions (1-2 years);
3. U. S. AML/KYC rules and best practices (notions);
4. Microsoft office (Excel Power Pivot);
5. Fluency in English; French level is a plus.

1. Stress and work management;
2. Analytical and communication skills;
3. Work ethic;
4. Interpersonal communication and emotional intelligence;
5. Autonomy.