Kyc Analyst

Job Description

KYC AnalystExp- 1 to 3 yrsLocations- BangaloreNp- 15days to ImmediateAbout The RoleRole Location: BangaloreRole Type: Full TimeShift Schedule: FlexibleInstitutional - Markets KYC On-boarding is a global hub team supporting Australia, Singapore, Hong Kong, and London, New York. The hub team functions in close partnership with In-Country, Sales, Relationship, Credit, Legal, Compliance and Operations to ensure efficient and timely On-boarding/reviews across the Institutional & Markets infrastructure. The KYC On-boarding & OCDD team is a stream within the Institutional - Markets division that plays a critical role in creating new customer profiles / reviewing client existing profiles & remediating clients records to ensure clients data is:AML / KYC relevant & is consistent with Group Standardscompliant with international regulation and internal policiescorrect and relevant and linked across relevant systemsOCDD stream is responsible to perform regular reviews across risk levels & ensure compliance to both internal policy and regulatory requirements. The team will focus on Ongoing Customer Due Diligence/ Periodic Reviews & Remediation regularly to support Client Data Management activities like Name Changes, Event Driven Reviews, Mergers, Acquisitions, Off-boarding, gathering SSI details, SSI linkages in systems and client profile remediation. The role involves frequent interaction with Front Office, RMs, Compliance, On-boarding and other enablement function teams and therefore excellent inter-personal skills are required.Responsibilities include but are not limited to:As a KYC Specialist, you will support the daily activities for ongoing compliance reviews that meets & exceeds regulatory expectations in AML KYC and other areas relevant to todays heightened regulatory climate. You would provide support to fellow analysts, ensuring production objectives and performance standards are met in compliance with Ongoing Customer Due Diligence.You will also play a key role in the overall strategic direction of the Bank and work on high priority initiatives in a rapidly growing business by collaborating with Compliance, Quality Assurance, Sales, and Solution Teams.Provide support to the Ongoing Customer Due Diligence team. Support Maker & Checker tasks as per BAU.Ongoing Review of Client KYC Records across multi-jurisdiction / policies adhering to global & local addendums.Good knowledge on quality and compliance principles. Ensuring the KYC review files are risk and audit compliant.Liaising with clients to obtain required documents and verifying client data. Reviewing client files in order to identify and remove dormant accounts.Ensuring data integrity of the Customer profiles on the Onboarding platform. Ensuring all systems are accurately set up / linked to enable clients to the banking activity.Reviewing existing Procedure Docs, Preparing process flows & docs. Ensure all KOPs/policy changes are documented and fully compliant.Supporting on the Job Training for the new Staff.Perform Data Quality Checks / Spot Checks. Adhere to Quality Control framework.Proactively engage teams across the business to ensure client data is consistent and relevant.Timely Management escalations & reporting across the function.Shift Flexibility to manage global stakeholders is a requisite. Willingness to work in Night Shift is a must.About You:Minimum 3 - 8 years of experience within the financial services industry, regulatory compliance, AML KYC including quality assurance experience preferred. 3 plus years of KYC experience in a production environment with CDD & OCDD experience across multiple risk levels & policies is a must.Extensive knowledge of financial services operations. Excellent project management skills and the ability to proactively support multiple/ changing priorities and deadlines.Required strong KYC knowledge to process OCDD across all policies, Risk Levels (Extreme, High, Medium & Low) & all client types (i.e. Trusts, Charities, Foundations, Commercial, Corporate, Private, Banks, Financial Institutions, Govt., Listed, Regulated).Good understanding of regulatory requirements. Regulations like Dodd Frank, FATCA, CRS, EMIR, MiFID, Volker, KYC systems and workflow tools.Proven track record of KPIs, SLAs, Quality Controls Framework adherence is a requisite. Ensure the KYC review files are risk and audit compliant.Ensure all KOPs/policy changes are documented and fully compliant. Support new hire trainings as well as engage with Stakeholder to collaborate operational deliverables.Must be able to work and thrive in a fast paced, high intensity, high demand and deadline driven environment. Demonstrate a strong sense of urgency by responding immediately to escalated issues and rapidly changing priorities.Strong numerical skills. Detail oriented work ethic and strong controls mindset. Excellent analytical, problem solving and time management skills.Ability to deal with highly confidential information in a professional manner.Team player & Self-motivated, Committed to team & task, Sharing knowledge, Helping team members, Self-driven & highly motivated, Organized working style, Able to go the extra mile, Solution-oriented attitude, pragmatic, Good problem solving skills, Follow processes & make suggestion to improve processes, Awareness & commitment to Quality framework, Able to deal with highly confidential information in a professional manner, Regular Reporting standards, trusted, committed to a long term employment.Excellent computer skills, advanced proficiency in Microsoft Office products.Required Education: Bachelors Degree.

Keyskills :
kycamlinternational regulations