Purpose of the Job (Brief)

The incumbent is expected to act as a catalyst for management of the Entire Life-cycle (Onboarding , Modifications, Freeze/Unfreeze, Dedupe, due diligence and Closure) of Non Individual entities for the Bank and support the Head of OBOps in planning , creating and demonstrating the execution of SoPs ( Statement of Purpose’) for the B2B Onboarding Operations vertical

The Incumbent is expected to be well versed with the extant norms , guidelines of various regulatory bodies such as RBI , UIDAI, CERSAI, NeSL , CRILIC, Ministry of Corporate Affairs, Darpan portal and all relevant URLs, Sites in the Corporate/ mSME/ Non Individual domain.

The Incumbent has to provide thought leadership and process improvement initiatives by demonstrating Control across Audit observations, good performance across RISK scorecards and ensure Compliance for reporting to relevant external and Internal authorities and control functions.

The Incumbent must have Strong Analytical / Reporting capabilities to guide and ensure that the team follows the due diligence in SoPs and Way-of-Working documents.

Deliverables (Maximum 5-6 key responsibilities)

1.       B2B  - Non Individual Onboarding , Life Cycle Management , Closure

2.     Vendor Management ( with expertise in Document Management) – Storage of Physical , Digital Documents  - pursuant to guidelines laid by Regulator(s) ( like RBI , UIDAI etc.)

3.     Periodic Onboarding Due Diligence – Such as Creation / Management / Closure, of Settlement Accounts , Penny drop , Intra-Inter Bank Interactions, Name Screening for non- Individual entities and Individuals as Authorized Signatories of these entities

4.     NeSL / CRILIC/ Identification and Due diligence for all Non Individual Actors – Identification of UBO/FATCA-CRS/ Share-Holding pattern etc, Uploading of Non Individual Legal entity to CKYCR (CERSAI)

5.     Ensure Clean Compliance and reporting , nil Audit observations , Process adherence from the team as per SoP and Way-of-Working

6.     Interacting with team(s) like Product, IT, CBS, CX, Risk , Audit, Compliance