FCU - AML KYC AssociateBangalore

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Conduct and Compliance

Management Level

Associate

Job Description & Summary

A career in our Anti Money Laundering practice within Regulatory Response and Remediation services will provide you with the opportunity to help organisations build resilience and embed regulatory compliance into their operating models by improving processes technology and data. We develop strategies that help business leaders and their board use regulation as a strategy enhancement support ongoing regulatory efficiency and provide confidence in their regulatory response.

Our team helps organisations to harness technology to create effective efficient and sustainable Anti Money Laundering programmes. As part of our team youll help with vulnerability assessments compliance programme evaluations and gap analyses to assist clients in reducing their money laundering and sanctions exposure.

Job Description AML KYC Associate

Competency Risk Consulting (CR&R)

Skill AML KYC

Job Overview

Experience Range: From 1 year to 5 years

Positional Requirement/Responsibilities
End to end KYC knowledge of different sets of clients

Designation Associate
Preferred Knowledge
Review new and existing customer accounts and verify their identities
Assess the risks associated with customers or products
Complete KYC onboarding for the new and preexisting customers (KYC Refresh) by reviewing
client documentation vendor databases and data entered into proprietary
Develop knowledge of AML/BSArelated regulations
Performing data quality review of KYCs for completeness including ensuring all appropriate
information is contained in the KYC to meet all regulatory legal bank and audit
requirements
Other project work assigned within the scope of AML/KYC Business Quality
Perform the required KYC screening on new clients by documenting and corroborating the
information obtained on the client as required by the procedures utilizing a variety of
independent research sources
Analyze Client data documentation and negative news in order to determine the Client Risk
Profile as established under the procedures

Collaborate with the client team worldwide on global requests
Maintain detailed records on clients for secondlevel review
Track and report all documentation breaks
Liaise with Clients Front Office Credit Legal and Operations as necessary as part of the KYC
process

Required Qualifications & Capabilities
Experience in compliance or related position
Familiarity with the firms internal systems and processes or similar processes at other
institutions
Selfstarter capable of working under minimum supervision
Exceptional research and analytical skills with the ability to analyze large amounts of data
decipher higher risk attributes (transactional geographical product customer type etc.
and
develop wellreasoned recommendations
Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
Strong documentation skills to clearly articulate alert disposition
Adherence to controls and standard
Professional & Educational Background
Bachelors Degree in Commerce Computer Science or equivalent is preferred. A fulltime
masters degree/equivalent is an added bonus.
Additional Information
Collaborating with leadership to deliver client engagements and associated outputs
supporting the team in daytoday client management project management and the
development of highquality client deliverables.
Emphasizing the ability to build solid and collaborative relationships with team members and
also taking initiative to build relationships with client stakeholders.
Excellent written and verbal communication skills

Education (if blank degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank certifications not specified)

Required Skills

Optional Skills

Accepting Feedback Accepting Feedback Active Listening AntiBribery AntiMoney Laundering Compliance Business Ethics Code of Ethics Communication Compliance and Governance Compliance and Standards Compliance Auditing Compliance Frameworks Compliance Program Implementation Compliance Reporting Compliance Review Compliance Risk Assessment Compliance Training Controls Compliance Cybersecurity Risk Management Data Analysis and Interpretation Data Protection Management (DPM) Disability Support Emotional Regulation Empathy Ethics Training 25 more

Desired Languages (If blank desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship

No

Government Clearance Required

No

Job Posting End Date