Compliance Officer - Escrow and Settlements

Corporation Service Company

Bangalore, Karnataka
Permanent
Full-time

20 days ago

Job Description:Title: Associate (Junior level)Department : Escrow & Settlements - GCMLocation : Bangalore, IndiaVacancy : PermanentKYC Associate will be part of the Central AML/KYC team, providing support in performing AML/KYC analysis, client outreach, client onboarding, periodic review, screening, CDD for client entities, participants, shareholders, and other relevant parties.Your Responsibilities

Responsible for identification and verification of KYC documents as per AML/KYC policy and procedures
Responsible for performing high quality review of KYC information ensuring that the client onboarding / acceptance reviews have been completed in line with applicable laws, regulations and company policies and procedures.
Responsible for ensuring that set targets are met.
Make sure all risk factors are identified in the client profile and the risk rating is accurately calculated.
Responsible for overall client acceptance / periodic review file, both from process management and quality perspective
Updating all relevant systems and applications, in accordance with applicable policies, procedure and work instructions.

Activities

Client onboarding of Escrow & Settlement Services clients based on the relevant policies and regulatory requirements.
Client acceptance KYC review and CDD for client entities, participants, shareholders, and other relevant parties.
Ownership drilldown, identifying intermediate beneficial owners, ultimate beneficiary owners, controlling parties and other relevant parties
Performing screening on all identified relevant parties and identifying PEP, Sanctions associated risks.

Should be able to identify the Risk factors present in the client profiles and be able to articulate effective financial crime risk management and be able to communicate effectively internal stakeholders.
Meet the required quality standards for KYC reviews.
Support implementation of any new compliance related policies, procedures, and programs.
Ensuring adherence to all company policies, procedures and programs and maintaining knowledge on applicable escalation route in case of (potential) non-compliance.
Advocating and practicing the Compliance Mindset.

Your Profile

Minimum of 2 years of relevant compliance experience in industry and/or professional practice
3-year degree in Administration/Commerce/Law or any related field
Excellent fluency in English, both verbal and in writing
Analytical capabilities - able to review information and write assessments.
Knowledge of corporate structures is preferred.
Legal background is required.
Understanding of AML, CFT, and sanctions risks is preferred.
Work in line with internal procedures and under the guidance of the Manager.
Flexible to adopt to the business timings irrespective of base location.

About Us:is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®CSC is committed to creating a diverse and growth-oriented environment where everyone is valued and respected. CSC offers challenging career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit .Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.

Corporation Service Company

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