Hiring- Associate/ Senior Associate- KYC Due Diligence

Job Location: Bangalore/ Gurgaon

Immediate joiners are preferred

Job Purpose:

This position will be responsible for the delivery of projects related to KYC operations.

The operations will cover:

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

Mandatory WFO and UK Shift

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
• Analyze 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

Mandatory requirements

• 2 to 6 years experience with Global Financial Institutions, with strong hands-on experience in handling all operations (on-boarding, renewals and remediations) and all processes (legal checks, ownership reviews, screening and risk profiling)
• Spanish language (both verbal and written)
• Strong domain knowledge
• Excellent research skills, especially to unwrap ownership layers across different kinds of legal entities
• Excellent communication skills (verbal and written)
• Strong judgement skills for interpretation of screening adverse news
• Proven record in client interactions
• Strong Analytical skills to spot trends and patterns
• Strong Reporting skills (MIS for operational statistics)
• Experience using at least one ownership databases like Orbis, Bankers Almanac, Bankscope, SWIFT Registry, etc
• Experience using at least one screening databases like Dow Jones, World Check, Lexis Nexis, Orbis, etc

Certifications (preferred)

• ACAMS
• ACFCS
• ICA