AML KYC Associate

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Associate  KYC/AML – Third party risk- Advisory– Bangalore

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Risk

Management Level

Associate

Job Description & Summary

A career in our Crisis Management practice, within Crisis Preparation and Management services, will provide you with the opportunity to help our clients protect their business in today’s evolving landscape by applying advanced and strategic approaches to information management. We focus on assisting organisations manage vast amounts of electronic data and navigate the legal and business processes demanded by critical events which includes litigation, regulatory requests and internal investigations.

Our team helps our clients confront natural disasters, cyber breaches and other challenges with confidence. As part of the team, you’ll help our clients apply our tested frameworks and approaches so they can prepare, respond, and rebound from crisis events and continue their strategic goals without delay.

Job Description & Summary

We are seeking a highly skilled KYC Analyst with 3-6 years of experience to join our dynamic team in the Financial Crime Compliance. The ideal candidate will be responsible for conducting thorough due diligence on clients by gathering and analyzing client information to verify compliance with regulatory requirements.

*Responsibilities:

1.Conduct client due diligence (CDD) to gather information such as identity verification, source of funds, and beneficial ownership for different entity types like Banks, Trust, Funds, SPV etc

2. Perform initial checks on client documents and data to ensure completeness and accuracy.

3. Support in conducting research using various databases and sources to verify client information.

4. Evaluate based on client risk levels which includes business activities, geographic location, and other relevant factors.
5.Conduct sanction screening and adverse media screening of customers using specialized tools and databases and analyze screening results to identify matches with sanctioned individuals, entities, or countries.

6. Maintain accurate documentation for all clients, including KYC profiles and ongoing monitoring records.

 *Mandatory skill sets

Strong understanding of financial regulations, including but not limited to Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Know Your Customer (KYC) requirements. Experienced analyst with a in depth-knowledge of financial products, services, and industry regulations. Excellent analytical skills with the ability to interpret complex financial data and identify potential risks. Detail-oriented with strong organizational and time management abilities

*Preferred skill sets

Strong understanding of financial regulations, including but not limited to Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Know Your Customer (KYC) requirements.

*Year of experience required

3-6 years of experience in KYC, AML compliance, or a related role within the banking industry.

*Educational Qualification  

• Any Grad