KYC Analyst Employment Contract UK

Responsibilities reflected in the contract

• Collect and verify customer information.
• Establish ownership control and business purpose.
• Complete screening and risk assessment.
• Manage refreshes trigger events and missing evidence.
• Escalate suspicious inconsistencies and higher risk.

A realistic working scenario

Daily work on finance or accounting systems and banking portals to verify client identity, match policy and payment records, update KYC risk flags and complete reconciliations. Prepare handovers and runchecks before shift or system changes. Escalate clearance exceptions, suspected fraud, client-money queries or regulatory reporting considerations promptly to the practice or department manager and senior reviewers. Liaise with internal managers, directors and external banks or auditors when verification gaps affect payments or policy acceptance.

Outputs to agree

• Completed KYC checks and documented verification decisions in the client or policy record
• Reconciliation reports and approval and reconciliation records logged in finance software
• KYC risk flag updates and exception reports submitted to the practice or department manager
• Stakeholder status updates for directors, managers and external banks or auditors

Records and evidence

• Client or policy records with identity evidence, risk flags and verification notes.
• Approval and reconciliation records showing who approved payments or exceptions.
• Finance system logs and banking portal transaction reconciliations.
• KYC exception and incident reports submitted to the practice or department manager.
• Training and competency evidence relevant to KYC tasks and system access.
• Work records.

Reporting relationship

Typically reports to Line Manager or Department Manager. Confirm the employer's actual reporting structure in the builder.

Authority and escalation

• Operate within the Employer's approval limits and system permissions set in finance software and payroll systems. Raise and route exceptions, reconciliations needing elevated approval, suspected fraud, client-money queries and regulatory-reporting matters to the practice or department manager and senior reviewers. Do not authorise payments, override approval limits or close KYC exceptions without stated approver sign-off.
• Obtain approval before committing expenditure, changing contractual commitments or making regulated or staffing decisions outside the assigned role.

Tools and systems

• Finance software.
• Payroll systems.
• Banking portals.

Workplace context

• Office, client premises, remote systems or assigned work locations.

Contract priorities

• Accurate KYC verification decisions and timely updates to client or policy records
• Protect client, payment and financial data accessed during KYC duties
• Promptly escalate clearance exceptions, suspected fraud and client-money queries to the practice or department manager
• Complete reconciliations, handovers and approval and reconciliation records in finance software
• Maintain required training and evidence of system access for regulated KYC work

Information the employer should prepare

• the customer types jurisdictions and products
• the systems data sources and screening tools
• the risk-rating and enhanced-review process
• the approval remediation and closure authority
• the productivity quality and record expectations