KYC Analyst Wholesale Banking Netherlands

Keeping ING safe, secure and compliant continues to be a top priority for ING. It’s part of who we are: integrity is at the heart of our Orange Code – the ING values and behaviours. As a gatekeeper to the financial system, we have an important role in the collective fight against financial and economic crimes. By knowing our customers we aim to detect and prevent the financial system from being misused in criminal activities, including money laundering and terrorist financing, for the safety and security of our customers and society.

The team

Know your customer (KYC) is the first step towards a safe and compliant bank. It ensures we only do business with people and companies we have verified as being trustworthy.

In the role as KYC Analyst, you will become part of the Wholesale Banking KYC Team based in Amsterdam and you will report to the KYC Team Lead. You will work closely with relationship management and other internal stakeholders to perform all required KYC activities (CDD, FATCA, CRS, ESR) while meeting internal deadlines. You will also liaise with clients directly to ensure that all KYC records are compliant with internal and external regulatory standards. The team consists of diverse and international colleagues from various backgrounds and cultures, who work together to protect ING against fraud, corruption, money laundering and terrorist financing.

Roles and responsibilities

The KYC Analyst’s primary responsibility will be following operational tasks:

Execution of KYC processes (CDD, FATCA, CRS, ESR) and risk assessment for ING Wholesale Banking clients located in different jurisdictions and active in various sectors, such as energy, construction, real estate, telecommunications, healthcare, etc.

Conducting background research, analyzing customer information and documenting investigations in compliance with the regulatory framework, internal policies and operational targets

Creating full KYC profiles and evaluating the AML client risk level based on analysis of client documentation

Performing screening (searches against sanctions, PEP and negative press) on the clients and their related parties, using internal and external tools

Identifying and escalating any red flags and potential risks as well as operational issues and improvements to the supervisor/TL and/or relevant department

Liaising and collaborating with various internal and external stakeholders, including the communication with clients and requesting relevant documentation

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

Profile

Completed HBO level/Academic education

Relevant work experience preferably with KYC in a client facing environment

Fluency in English, both spoken and written

Good knowledge of Microsoft Word, Excel and PowerPoint

Full-time (36/40 hours per week)

Competencies

Highly collaborative, flexible, independent and supportive

Excellent communication

Problem analysis and judgment (recognizing important information, identifying problems, researching and making connections)

Exceptional organizational, planning, time management skills with a proven ability to prioritize competing demands

Possesses drive with a positive ‘can do’ attitude (important to show different behaviour styles / approaches to achieve the goals)

Be delivery focused with high attention to detail and ensure tasks are completed on time and to the required levels of quality

Adaptable to change due to a complex and evolving regulatory landscape and new technologies

Rewards and benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at

The benefits of working with us at ING include:

A salary tailored to your qualities and experience

Holiday leave of 24-27 days depending on contract

Diversity days (1,5 day paid and 1,5 days unpaid)

CSR days: up to 2 days per year to actively engage in society by volunteering

Pension scheme

13th month salary

Individual Savings Contribution (BIS), 3.5% of your gross annual salary

8% Holiday payment

Mobility card

Yearly budget for learning and development

Budget for Home Office Web Shop and a fixed monthly compensation for the costs of internet and other working-from-home costs

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

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