Role - KYC Services Specialist, Compliance (Senior Associate)
Location - Bangalore
Work Schedule - 45 hours per week
Work Mode – Hybrid
Job Description
KYC Specialist will be part of the Central AML/KYC team, providing support in
performing AML/KYC analysis, client outreach, screening, CDD for client
entities, participants, shareholders, and other relevant parties.
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 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 file, both from process management
and quality perspective
* First point of contact for client facing colleagues for updates regarding the
KYC process.
* Responsible for managing the client outreach process - Client outreach should
be timely, client friendly, to-the-point, and minimized in both number of
times and numbers of questions.
* Monitoring timelines and the progress of the client acceptance file and
reaching out to Manager and client facing team for follow-up.
* Updating all relevant systems and applications, in accordance with applicable
policies, procedure and work instructions.
* Coaching and providing feedback to current joiners and other associates in the
team Activities
* Working independently on client acceptance files assigned by the Manager
* 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 an