KYC Analyst Job - Maker

FI KYC Maker - Analyst [T500-14790]

About the Role:

Position Title: Analyst Corporate Title: KYC Analyst

Reporting to: Manager Operations

Location: Bangalore

Job Profile:

Purpose of Role:

This individual will be responsible for undertaking KYC reviews for branches based out of APAC

Main Responsibilities:

• The individual will work under MGS leadership and will ensure effective, and time bound KYC reviews are completed across within required SLA.
• These responsibilities include, but are not limited to providing support in conducting, the items listed below as per SOPs and may be amended from time to time:
• Coordinates with internal partners such as Front, Middle and Back Office staff to obtain required information and applicable documentation related to KYC requirements
• Initiates and completes high quality KYC files inclusive of data input,research, screenings analysis and documents review
• Identify data anomalies and assist on root cause analysis to minimize errors
• Maintain accurate and detailed tracking of KYC file status at all times and other customer record activities to ensure completion within required timeframes
• Independently manage multiple simultaneous requests inclusive of customer data maintenance in a high- pressure work environment
• Promptly address queries and assist with problem-solving of matters received from applicable Bank personnel
• Always strive to ensure the KRI, relevant KPI and expected objectives and deliverables are met within the stipulated timeframe
• Assist and involved in the escalation process to relevant financial crime / sanctions team to ensure all KYC files are in good order
• Ability to detect red flags through KYC Process and able to articulate clearly next step/proposed solutions to get through roadblocks during the KYC process
• Always ensure escalations are handled with priority and immediate upward notification to respective team leader/manager is to be done
• Always be open to learn from past mistakes, experiences shared by teams and be open to share the same with wider team members

SKILLS AND EXPERIENCE:

Functional / Technical Competencies:

• Awareness of detailed KYC knowledge
• Attention to detail is essential
• Details technical knowledge of various client types & their structure
• Excellent communication skills both written and verbal and strong team player
• Demonstrated experience in establishing strong credibility to build influential relationships stakeholders to identify gaps and improvements within KYC process

Work Experience:

• Person should have a bachelor’s degree in any stream, any certification/diploma in AML/KYC domain would be and added advantage.
• 3 to 4 years’ experience in AML Compliance & KYC preferably within the financiaL services industry with experience conducting KYC on Corporates and other institutions. Experience supporting Singapore
• Experience reviewing comprehensive documents like complex ownership structures and Wolfsberg Questionnaires, various organizational documents like MOA/AOA COI etc.
• Strong working knowledge of AML/Sanctions laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity and customer profiles.
• Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines.
• Mature approach with excellent influential communication (verbal/written) skills
• Critical thinking and problem-solving skills a must.
• Ability to work in a fast-paced, demanding environment and must work well under pressure.
• The ability and willingness to work both independently and in a team, environment is required.
• Maintains effective working relationships with key business partners.
• Familiarity with Actimize and other financial crime, risk and compliance applications would be preferred.
• Effective Internet and research skills and usage of third-party tools.
• Good knowledge in Microsoft Excel/word.