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Employment Screening for Financial Services
 

At Know Your Candidate we appreciate that employment screening is vitally important within the financial services sector. We recognise that when it comes to screening employees, financial services firms and their suppliers must combine a rigorous approach to minimise potential risks while ensuring results are delivered promptly, that's why we've built a screening service which is:

Reliable — we typically commence background checks within a few hours of receiving your request

Swift — Interim reports can be available within 24 hours for checks under our direct control i.e. Employee Credit Checks, Identity Checks, Sanctions Checks, Adverse Media and Directorship Checks

Transparent — what's the point of outsourcing if you end up chasing the screening company for updates?

Paperless — register, order, track and download your candidate reports online

Flexible — order any combination of checks at any time, no minimum volume commitments or set packages

"The service provided by KYC is extremely slick and I would certainly not hesitate in recommending the services of Know Your Candidate to other organisations."

Andrew Horsley

Group Secretary and Compliance Officer

Engage Mutual Assurance

"Since transitioning our employment screening to Know Your Candidate we have found that the vetting process is completed much faster and the flexible, efficient service is way above what we experienced previously."

Sean Tai

Co CEO

Debt Domain
Software & Systems provider to the
Financial Services Industry

"Whitefoord LLP engaged the services of Know Your Candidate after receiving an inadequate service from a previous pre-employment screening company. The difference in service provided by Know Your Candidate was immediately noticeable. Their professionalism and attention to detail is very concise; they respond in a timely fashion and are proactive with reporting. We chose Know Your Candidate because they offer comparable prices and I would not hesitate to recommend their services to other firms."

Pam Graham

Partner Business Services

Whitefoord LLP - Wealth Management

 

In its latest consultation paper CP11/12 Financial Crime: A guide for firms, the Financial Services Authority states "vetting should be proportionate and risk-based and should be repeated or on-going where appropriate, for example for staff in high risk roles". Know Your Candidate can help financial services firms meet this guidance by providing guidance regarding on how to design a risk based approach to screening and a comprehensive range of background checks.

Available Background Checks

Employee Credit

To ensure your potential employees are solvent we automatically search undeclared linked addresses to ensure our credit reports provide you with the full picture and not just potentially what your candidate wants you to see. Learn More.

Enhanced Employee Credit

Sometimes just viewing public data does not provide sufficient comfort so our enhanced level check provides summary credit account information such as the number and type of credit accounts currently and previously operated and the number and type of credit applications in the last 12 months. Learn More.

Bulk Employee Credit

For retrospective projects and annual screening exercises. Learn More.

Identity

We validate your candidate's identity by corroborating their details against a range of data sources and report on the depth, breadth and quality of data sources we used within our candidate reports. Learn More.

Financial Sanctions

We use the same state of art sanctions system used by Compliance Officers and MLRO's to check their organisations customers. Our checks cover over 150 sanctions lists issued globally, not just HM Treasury and OFAC. Learn More.

Adverse Media

Over 12,000 global media sources checked, some going as far back as 1971. Learn More.

Qualifications and Professional Membership

Verified directly with the relevant education / professional body. Learn More.

Criminal Record

Standard Level for FSA regulated roles and Basic Level checks for all others. Learn More.

Directorship

For verification of other business interests and involvements. Learn More.

Employment References

Sourced verbally with audit trail or paper based.
Learn More.

 

 
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