KYC Analyst

Equiti is a pioneering fintech firm and world-class provider of multi-asset fintech products - from liquidity solutions to in-house tech hubs to online trading platforms. With over 400 global specialists in 9 languages, Equiti provides clients with access to individual, professional, and institutional brokerage services in Europe, the Middle East, and Africa.

At Equiti, we believe that financial opportunities can unlock potential for everyone, everywhere. We’re on a mission to deliver accessible online trading products around the world through education and accessibility.

Think finance is stuffy? Think again.

We see Equiti as a new breed of broker, and we are on the lookout for talented individuals who can perform and excel in a dynamic and innovative working environment. Our Compliance department would like to welcome an engaged.

KYC Analyst in our office in Dubai

The KYC Analyst is responsible for efficiently and effectively on-boarding clients by processing new applications, whilst ensuring that all processes and procedures are followed strictly in accordance with the established regulatory framework.

Responsibilities

• Manage KYC account opening for the new and existing clients. Includes a collection of account-specific information recording information via electronic account–opening system, retrieving relevant executed documentation from clients, and compliance regulatory procedures.
• Collaborate and acting as an intermediary person between the Sales team and Compliance.
• Perform client due diligence to ensure that all accounts are in accordance with the Compliance policies and procedures.
• Support Compliance Officer with day-to-day activities.
• Perform periodic reviews of accounts and monitor the change in clients’ AMLCFT risk assessment and update the score where necessary.
• Produce MI reports in relation to onboarded customers to the Head of Compliance on a monthly and semi-annual basis
• Review, assess and scrutinize the account opening process to ensure its in line with the UAE's AMLCFT requirements, as well as SCA requirements.
• Take the necessary due diligence measures and procedures to identify the risk posed by the customer, factoring in various risk measures (geographic, nationality, customer risk, product, and delivery channel), and assessing the customer's risk accordingly. Analyzing the customer profile and requesting necessary documentation in line with the risk posed by the customer.
• Perform periodic reviews of accounts, to determine the level of risk.
• Make sure sanctions and PEP screening on all new accounts are done and reviewed appropriately, and escalating any positive matches to the MLRO instantly.
• Make sure the Sanctions program is followed cautiously.
• Conduct ongoing customer due diligence (Ongoing CDD) in line with the risk-based approach, including periodic reviews and trigger-event reviews.
• Perform ongoing sanctions, PEP, and adverse media screening, ensuring timely escalation of matches and alerts in accordance with internal procedures.
• Support transaction monitoring activities by reviewing alerts, identifying unusual or suspicious patterns, and documenting findings.
• Participate in call and communication monitoring (where applicable) to identify potential market abuse, mis-selling indicators, or financial red flags.
• Identify, investigate, and escalate suspicious activities or transactions promptly to the MLRO, including preparation of internal suspicion reports.
• Maintain accurate records and audit trails for all monitoring activities to support regulatory inspections and internal audits.
• Assist the MLRO and Compliance team with regulatory reporting, investigations, and responses to regulator or law-enforcement requests as required.

Skills & Competencies

• Proven ability to work independently and competently handle multiple responsibilities, with high degree of accuracy.
• Team player with excellent organizational skills.
• Excellent attention to details.
• Excellent verbal, written, and interpersonal skills with the ability to interact with clients, officers, and peers in a professional manner.

Experience Requirements

• Bachelor’s degree.
• 1+ years of professional experience, preferably in financial services.
• Professional level of written and spoken English and Arabic (additional languages are a plus).
• Professional user of Word, PowerPoint, and Excel.

Perks

Each of our offices has its special perks; be it ‘no ties’, free lunches, charity events, or a hybrid work policy – but whenever you walk into an Equiti office, you’re sure to see a friendly face. We encourage international collaborations and always keep our eyes open to how we can do more.

The benefits you can expect at your Equiti workplace include:

• Competitive salary package
• Performance-based bonus
• Medical insurance coverage for employees and family members
• Smart working options
• Employee wellness initiatives
• Personalized career development
• Company lunch in the office
• Regular company events

With energy, drive, and imagination, there’s no limit to where your career can go at Equiti. With a diverse workforce and geographical spread of offices, we strongly support career development initiatives as well as provide a range of opportunities for professional and life experiences.

Equiti is an equal opportunity employer.

“Equiti” refers to a group of companies consisting of seven regulated financial services companies licensed to operate in the respective jurisdictions of their incorporation, in addition to our tech and marketing hubs. Equiti has presence in Africa, Europe, and the Middle East.