AM- AML/KYC

Proven experience as Quality Analyst in AML/KYC domain and preferred CAMS/CFE certification.

Undertake Quality Assurance checks on both PEP Screening and customer due diligence

Evaluate and common areas and process deficiencies identified during quality checking to assist the development and improvement of the process

Identify any key risk areas and bring up to management

Review policies and procedures, regulatory compliance training for compliance with applicable laws and regulations including OFAC/ HMT, suspicious activity reporting (SAR) and KYC regulations

Support the development and continued improvement of the Quality Assurance process

Ensure high quality standards are maintained with timely and effective feedback to PEP screening and CDD analyst

Identifies areas of risk and make recommendations on operational improvements, quality assurance and any additional training crucial to mitigate risk. Seeks ways to assist the organization in strengthening customer due diligence and PEP screening process, remain compliant and improve efficiency.

Prepare and present weekly/monthly reports with root cause analysis will be a part of the business review

A Risk-Based Approach should be followed to select the sample sizes ranging from 100% to 20% over time & performance. Quality Teams can increase the sample size and perform enhanced quality review for the analyst or the process as a whole, if the quality is below threshold.

Reporting of analyst wise scorecard with in depth defect analysis followed by corrective action plan!

Identifying any process gaps within the quality assurance review to make sure that areas of concern are addressed and resolved