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Officer - AML/CDD Onboarding Analyst

2.00 to 4.00 Years   Mumbai (Maharashtra)   11 May, 2025
Job LocationMumbai (Maharashtra)
EducationAny Graduate
SalaryAs per Industry Standards
IndustryBanking
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job Description

Job Title: Officer - AML/CDD Onboarding AnalystLocation: Mumbai, India:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!About the Role:The role is within a team of associates in the Anti-Money Laundering Client Due Diligence (AML/CDD) onboarding function. The team covers new client onboarding and expansion across Global Banking and Markets (GBAM) as its core activities. Responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures. Responsible to provide seamless delivery and client delight.We not only offer the training and support you will expect from a leading global bank but also the opportunity to grow your career. With exposure to a variety of financial products and markets plus internal exposure to business and support stakeholders. We can offer excellent development and represent the ideal mobility opportunity.Responsibilities:

  • Perform document gap analysis by self-sourcing and reviewing available documentation.
  • Evaluate information available publicly or through vendors for multiple Asian jurisdictions.
  • Liaise with sales/client teams to obtain and validate correct documentation.
  • Process AML/CDD by enriching onboarding requests in the system of record and performing enhanced due diligence as required.
  • Support creation of key business metrics.
  • Liaise with internal departments to support KYC issues - Involvement in ad hoc projects for new processes or industry initiatives.
  • Participate in remediation and internal/external audits.
Requirements:
  • Control focused mindset and good understanding of regulatory and reputational risks (knowledge of Asian requirements a plus).
  • Ability to work under pressure in a dynamic team environment.
  • Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
  • Collaborate closely with business partners to onboard clients locally and regionally.
Experience:
  • At least 2-4 years working experience in a similar role is preferred.
  • Control focused mindset and good understanding of regulatory and reputational risks (knowledge of APAC AML/CDD requirements a plus).
  • Excellent presentation, communication, and problem-solving skills.
  • A proactive learner and self-starter seeking continuous improvement in all job-related aspects.
  • Experience of working in an Asia/Global environment.
  • Good written and oral English; additional language expertise will be a plus.
Learn more about this role

Keyskills :
aml/cdd compliance document review client onboarding regulatory knowledgecommunication skillsbanking kyc analyst

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