Key Responsibilities:

- KYC (Know Your Customer) Due Diligence:
- Conduct comprehensive customer due diligence (CDD) for individuals applying for accounts or services with the bank.
- Collect and verify customer information, including personal identification, financial background, and risk factors, in accordance with regulatory requirements.
- Perform ongoing KYC reviews for existing clients, ensuring that records are up to date and compliant with the latest regulations.
- Monitor transactions for unusual or suspicious activity and escalate to the compliance team when necessary.
- KYB (Know Your Business) Due Diligence:
- Conduct thorough due diligence for business clients, verifying company details, ownership structures, and business activities.
- Ensure that company registries, articles of incorporation, and directorship information are accurate and comply with jurisdictional requirements.
- Analyze ownership structures and assess whether there are any connections to high-risk individuals or countries.
- Risk Assessment:
- Perform risk assessments for customers based on their profile, transaction history, and geographical location.
- Classify customers based on their risk category (low, medium, high) and ensure proper documentation is collected for high-risk clients.
- Regulatory Compliance:
- Stay up-to-date with international AML, KYC, and KYB regulations, ensuring compliance with local and global laws.




- Assist in preparing reports for internal audits and regulatory inspections related to KYC and KYB compliance.
- Collaborate with compliance officers, legal teams, and other stakeholders to ensure timely and accurate client onboarding and ongoing compliance.
- Document and Data Management:
- Maintain accurate and organized records of KYC and KYB documentation for audit purposes.
- Ensure all customer information is securely stored and accessible, following data protection regulations.
- Customer Support:
- Provide guidance and support to clients regarding KYC and KYB requirements during onboarding and ongoing monitoring.
- Address and resolve any queries or issues clients may have regarding the verification process.

Qualifications:

- Bachelor's degree in Finance, Accounting, Business Administration, or related field.
- 1-3 years of experience in KYC, KYB, or AML compliance, preferably within an international banking environment.
- Solid understanding of regulatory frameworks (e.g., FATF, EU AML Directives, OFAC, FCA regulations).
- Knowledge of global KYC/KYB practices, including client risk profiling, document verification, and financial crime prevention.
- Experience with KYC/AML systems and databases (e.g., World-Check, Amlcheck, Refinitiv).
- Familiarity with regulatory reporting and escalation processes for suspicious activities.

📌 KYC / KYB Openings For international Banking (Bengaluru)
🏢 The Job Factory
📍 Bengaluru