KYC Associate

Associate-level AML/KYC opportunity with a leading European alternative asset manager, focusing on CDD/EDD, complex ownership structures and fund due diligence, paying up to £75,000 + bonus and benefits, based in London.

The business specialises in private credit, real estate and alternative investments, operating across multiple European markets. This is an excellent opportunity to join an established and growing investment management business, taking ownership of a broad range of AML/KYC activities and working closely with stakeholders across Compliance, Risk, Operations, Legal, Tax and Front Office.

The Role

The successful candidate will play an important role in the day-to-day delivery of the Group's AML/KYC framework, taking ownership of CDD and EDD reviews for new and existing relationships.

Key responsibilities will include:

• Managing inbound CDD and EDD reviews, ensuring due diligence is completed accurately and in line with internal policies and regulatory requirements.
• Assessing complex ownership and control structures, identifying Ultimate Beneficial Owners (UBOs) and reviewing source of funds and source of wealth information.
• Conducting AML/KYC risk assessments and making recommendations on onboarding, periodic reviews, event-driven reviews and remediation activity.
• Performing sanctions, PEP and adverse media screening, investigating potential matches and escalating higher-risk findings where appropriate.
• Supporting AML due diligence for fund transactions, including requesting and reviewing documentation and liaising with external counterparties.
• Maintaining fund UBO analysis and supporting ongoing portfolio monitoring.
• Acting as a key point of contact for day-to-day AML/KYC queries across the business.
• Reviewing and quality checking work completed by junior analysts, providing guidance and informal mentoring.
• Contributing to the development and improvement of AML/KYC policies, procedures, controls and monitoring processes.
• Supporting compliance monitoring, regulatory reporting, governance activities and wider Group Compliance projects.

Requirements

• Approximately 3-5 years' experience within AML, KYC, Financial Crime or Compliance.
• Experience gained within private funds, alternative investment management, asset management, banking or wider financial services.
• Strong practical experience conducting CDD and EDD reviews, including complex legal entities, ownership structures and UBO analysis.
• Understanding of source of funds, source of wealth and higher-risk relationships.
• Experience with sanctions, PEP and adverse media screening.
• Ability to independently manage due diligence reviews, identify risks and make clear recommendations.
• Experience reviewing or quality checking the work of junior colleagues would be advantageous.
• Strong stakeholder management and communication skills, with the ability to liaise confidently with internal teams and external counterparties.
• ICA or ACAMS qualifications would be beneficial but are not essential.
• European language skills would also be advantageous.

Package

• Base salary up to £75,000.
• 17.5% annual bonus.
• Private healthcare.
• Life assurance.
• Income protection.
• 5% matched pension contribution.

This is an opportunity to join a well-established alternative investment management business in a varied Associate-level role, offering exposure to private credit, real estate and investment fund structures, alongside the opportunity to take ownership of key AML/KYC activities within a close-knit Group Compliance team.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates