KYC/AML-Compliance Operations

Opportunity- KYC/AML

Job Purpose

This position will be responsible for delivery of KYC operations.

The operations will cover:

1. Risk assessment of the customer/client/counterparty (herein after referred to as customer)

2. Renewals

3. Remediation's

4. Client out

The process will include:

1. Assessing the underlying risk of a customer (covering but not limited to registration, regulatory/license, nature of business, legal status, ownership structure, key personnel, sanctions, PEP/SOE and adverse news)

2. Extracting & validation information from different sources (databases, company websites, open web searches)

3. Performing due diligence and prepare exhaustive due diligence reports

The individual will work in close partnership with the operations teams to ensure accurate and complete data quality and compliance with regulatory requirements.

Key Responsibilities

Registration and license overview of the customer

Conduct ownership (direct and indirect) reviews

Identify key stakeholders controlling a customer

Perform Sanctions, Watch List, PEP and Adverse New Screening

Analyse screening results

Prepare Risk Summaries on the basis of the available, collated and researched information.

Conduct quality reviews (Peer QA and QC)

Prepare MIS reports and documentation related to the tasks

Interact with the customer and discuss the outputs

Qualifications:

Graduate/MBA - Finance freshers with strong academic background

Excellent business communication skills

Strong judgment skills for interpretation of screening adverse news

Strong Analytical skills to spot trends and patterns

Certifications (preferred):

ACAMS

ACFCS

ICA