KYB Analyst

About Wahed:
The global financial system wasn't built for everyone. For millions of people, its reliance on interest (riba) creates a barrier to managing money and building wealth without compromising their values.
At Wahed, we're changing that. We are a global fintech company on a mission to build a new financial system - one that is ethical, accessible, and entirely interest-free. From our offices across the globe, our team is building products that were once deemed impossible, from pioneering Shariah-compliant equity ETFs, creating riba-free alternatives to high yield savings accounts, to creating no-leverage real estate investments for truly interest-free income producing assets. If you're driven to solve complex problems and believe finance should empower, not exclude, join us in building a more equitable financial future.

Job Description:

• Conduct Know Your Business (KYB) due diligence checks on prospective and existing
    vendors, reviewing documentation submitted by the Manager to identify and assess risk.
• Complete due diligence reviews within a reasonable timeframe of 1-2 business days
    from receipt of complete documentation.
• Liaise directly with vendors, where authorised by the Manager, to obtain any outstanding
    information or documentation required for onboarding.
• Act as designated owner of the Vendor Master, creating and maintaining vendor records and ensuring               information is accurately and promptly reflected throughout the vendor lifecycle.
• Record vendor criticality classifications and supporting rationale in the Vendor Master,     based on determinations communicated by the Local Compliance Team and Country Head.
• Share due diligence findings with the Local Compliance Team and support resolution of    any requests for further documentation.
• Facilitate rectification of, and updates to, the Vendor Master where inconsistencies are     identified during monthly compliance reviews.
• Proactively track vendor agreement expiry dates and initiate the renewal or termination    process no later than one month prior to expiry.
• Consult with Managers on renewal, renegotiation, or termination decisions, and liaise     with the Legal team to prepare any required documentation.
• Confirm final renewal, renegotiation, or termination decisions in writing to the Local Compliance Team and     Country Head, and update the Vendor Master with the relevant decision and status.

Job Specification:

• 1 to 3 years of experience in KYB, KYC, AML, or Third-Party/Vendor Due Diligence.
• Should possess strong verbal and written communication skills with an eye for detail.
• Should be able to liaise directly with vendors and internal stakeholders (Managers,    Compliance, Legal) via calls, emails and chat.
• Knowledge in MS Office and comfortable maintaining structured trackers and records    (e.g. Vendor Master).
• Ability to manage and complete specific tasks with minimal direction.
• Willingness to continuously learn, upgrade skills and stay relevant to business demands.