KYC Analyst

Job Title: International KYC Analyst

Location: Mumbai - Powai

Experience Required: 1 – 6 Years

Notice Period: Immediate to 30 Days

Shift: Open to Night shifts

Job Description:

The candidate would be part of a team that is into:

• Performing KYC document sourcing, validating, Risk Assessments, Enhanced Due Diligence and document validating for existing clients to ensure adherence and Compliance to industry based regulatory requirements around KYC.
• Complying with regulations such as FATCA, Dodd Frank and EMIR
• Liaising with sales staff, relationship managers and operations to identify required KYC information

Key Responsibilities:

• Performing risk assessments, Customer Due Diligence and Enhanced Due Diligence as applicable on documents while on-boarding new customers or refreshing existing customers.
• Reviewing Compliance adherence for High, Medium & Low risk entity categories as agreed with the consortium
• Verifying and validating customer identity, profile, business etc and source Documents from Internal repositories and external websites, relevant to the entity type.
• Documentary proofs to be stored in the specified repository
• Ability to look at transactions and identify anomalies and investigate accordingly
• Achieving the Daily Productivity and accuracy standards set for the unit.
• Performing Reputational Risk searches - negative media searches and Sanction screening process on KYC counterparties. Review, evaluate and process/ escalate Sanction, Watch list and PEP screening alerts.
• Determining potential risk to the Bank through extensive research and documentation of new clients
• Understanding of KYC /AML procedures and policies that need to be complied with and the KYC systems and databases that hold KYC information and records

Required Skills & Qualifications:

• Minimum of 1-6 years of relevant experience
• In depth Knowledge and understanding of KYC process and documents.
• Familiarity with Global regulatory requirements around KYC,FATCA, DFA, EMIR across diverse entity types
• Knowledge of Research Techniques like Company websites, Stock Exchange, Regulatory bodies
• Good communications & interpersonal skills
• Good comprehension & analytical skills
• Proficient in keyboard skills & good working knowledge in excel is a must
• Adaptability to learn new processes, concepts and skills and an eye for detail
• Should have hands on experience on AML / KYC tools such as World Check, Lexis Nexis,
• Bankers Almanac, Negative News Searches, OFAC search, Factiva, RDC , SEC , FINRA , One source, PI Navigator, Orbis and other like sites and services.
• Strong communication and coordination skills.
• Flexible to work in any shift.

Education:

Bachelor’s/master’s degree in commerce, Finance, Business Administration, or related field.