Description
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 parti