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