Analyst- India KYC
- Bangalore, Karnataka
- Permanent
- Full-time
- Strong INDIA KYC end to end knowledge for Low, Medium & High-risk clients including SEBI & RBI guidelines
- STRONG Communication skills both WRITTEN and VERBAL to interact with Clients/RMs/Sales and other stakeholders
- Attention to detail is essential
- Knowledge of India CKYC / KRA tools for KYC uploads/downloads
- Technical knowledge of various Client types & their structure such as Issuers, Investors, Financial Institution, Securities, Corporates, Bank, Foundations, Trust, Charity, Joint ventures and Special Purpose Vehicle etc.
- A person should have a bachelors degree in any stream, any certification/diploma in AML / KYC domain would be an added advantage.
- Minimum 4 years and plus experience in INDIA AML Compliance & KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions.
- Should have exposure and experience working on CERSAI/KRA registry etc.
- Experience reviewing comprehensive documents like complex ownership structures and Wolfsberg Questionnaires, various organizational documents like MOA/AOA COI etc.
- Strong working knowledge of INDIA AML/Sanctions laws and regulations relative to money laundering and terrorist financing and the ability to apply knowledge in assessing transaction activity and customer profiles.
- Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines.
- Critical thinking and problem-solving skills are a must.
- Ability to work in a fast-paced, demanding environment and must work well under pressure.
- The ability and willingness to work both independently and in a team environment is required.
- Maintains effective working relationships with key business partners.
- Familiarity with Actimize and other financial crime, risk and compliance applications would be preferred.
- Effective Internet and research skills and usage of third-party tools.
- Decent knowledge in Microsoft Excel/word.
- Degree and AML related certifications preferred or equivalent work experience.
- Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) profile production for Head Office and other Global branches / Issuers / Investors / Corporates / Financial institution / Funds / Bank.
- Checking client information through publicly / internally available sources which are sourced by analysts.
- Prepare & check the KYC questionnaire, emails or calls with Client for outreach process
- Checking screening performed by analyst in accordance with Bank policy and escalate true hits to Adverse Findings
- Complete & review CDD and EDD profiles to a pre-determined review schedule in a timely manner
- Act as Subject Matter expert in providing the guidance on first level escalation or exception scenarios
- Responsible for some of the key top tier Clients or Front Office Desks basis the business requirements
- Assist the business where changes occur to existing customer profiles, by taking appropriate actions (i.e., Event Driven Reviews, administrative triggers, escalations)
- Complete relevant Identification, Verification and Bribery / Corruption checks for prospective transactions for existing or new to bank Clients to identify potential reputational, business, PEP (Politically Exposed person) , adverse media hits and Sanction risks etc.
- Liaise and connect directly with Clients, Sales, Relationship Manager, onshore teams and Local Account Officer within Client KYC Group per business requirements and assist where appropriate.
- Timely and proactive escalation and resolution of issues, working closely with local and regional management
- Drive to build knowledge within the Anti-Money Laundering sector and to understand the rationale for underlying policy requirements.
- Drive minor ad hoc projects or remediations where necessary and assist other members of the team as required