Counterparty Due Diligence Analyst

Where you fit in

This is an ideal role for a Counterparty Due Diligence (CDD) Analyst who is analytical, detail-oriented and can demonstrate knowledge in KYC/AML. Reporting to the CDD Team Lead, you will sit under the Global Financial Crime Team as part of the Compliance framework to ensure Shell Trading and Supply (T&S) manages its Financial Crime exposure in accordance with its risk appetite.

This is your chance to join a diverse team which embraces an inclusive culture where everyone feels respected and valued.

What’s the role?

The Counterparty Due Diligence (CDD) Analyst is accountable for completing CDD reviews for new counterparties in line with policies and procedures.

Besides from this, the CDD Analyst will be expected to:

• Develop an understanding of the Trading & Supply (T&S) compliance systems and controls including a working knowledge of the Financial Crime policy and procedures.
• Completion of counterparty due diligence for non-EDD (Enhanced Due Diligence) counterparties.
• Review the risk profile of new counterparties and their business activity and complete a risk assessment and recommendation on their suitability for onboarding with Shell Trading and Supply
• Complete new CDD reviews at different levels of due diligence depending on the risk profile Basic, Simplified, Standard. Risk assessments to include analysis of findings, identification of any red flags and mitigation.
• Liaise with LOD1 to confirm the relevant Initial Due Diligence (IDD) information such as nature of the business relationship and obtain required company
• information/documentation.
• Analyse substantial amounts of data including transactional data.
• Verify evidence obtained and identify red flags and other areas of concern.
• Prepare documentation to support discussion with Team Leads on counterparties with significant financial crime risks.
• Articulate due diligence requirements and the onboarding process to stakeholders at all levels of the organization.
• Escalate issues that require further investigation.
• Support other due diligence analysts within the team and deputize for the CDD Team Lead
• Prioritize workload with shifting demands and priorities in a fast-paced commercial environment.
• Work to tight deadlines and often under pressure.
• Be an active and effective member of the Financial Crime team.
• Complete risk assessments of new counterparties in line with counterparty due diligence policies and procedures

What we need from you?

We are keen to hear from candidates with relevant experience in Know Your Customer, Anti Money Laundering or any related areas. Besides that, we hope to see the following in your CV:

• Bachelor’s Degree in Finance or Criminal Justice, or any related field is preferred
• Experience in Tier 1 Financial Institutions (Wholesale, Commercial/Corporate, Investment Banking) and/or large Commodities or Trading Houses (Oil, Energy) would be highly valuable
• Certifications in AML such as Certified AML Specialist (CAMS), International Compliance Association Diploma in Anti Money Laundering or suitable equivalent would be advantageous
• Fluency in Arabic, Russian, French, Spanish, German, Dutch, Portuguese, or Mandarin would be advantageous
• Understanding of high-risk jurisdictions and the associated risks
• Understanding of the risks of dealing with Politically Exposed Persons
• Understanding of corporate structures and complex entity structures including SPVs, Trusts, Funds including identification of Ultimate Beneficial Owners
• Stakeholder engagement skills to manage relationships across different businesses and functions
• Good organisational and analytical skills; Has good attention to detail

About Shell UK

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas, and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

• We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
• We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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