Onboarding Specialist

Job Title: Client Onboarding Executive

Location: Chennai, India

Department: Compliance / Client Onboarding

Reporting To: Compliance Manager / MLRO

Role Summary

Responsible for end-to-end client onboarding in line with AML/CFT regulations and internal compliance policies. The role ensures proper KYC verification, UBO identification, risk assessment, sanctions screening, and regulatory documentation prior to client activation.

Experience in regulated financial institutions (bank, brokerage, NBFC, fintech, investment firm, regulated advisory) preferred.

Key Responsibilities

• Perform KYC verification for individual and corporate clients.
• Validate identity documents, proof of address, and source of funds.
• Conduct Customer Due Diligence (CDD) and document findings.
• Identify and verify Ultimate Beneficial Owners (UBOs).
• Review corporate structures and ownership documentation.
• Conduct Enhanced Due Diligence (EDD) for high-risk clients and PEPs.
• Perform sanctions screening (OFAC, UN, EU, HMT, etc.), PEP screening, and adverse media checks.
• Analyze screening alerts and determine true/false matches.
• Apply internal risk scoring methodology and assign risk ratings.
• Escalate high-risk cases and suspicious findings to Compliance/MLRO.
• Maintain complete, audit-ready onboarding documentation.
• Ensure adherence to AML/CFT regulations and internal compliance policies.
• Support regulatory audits and internal compliance reviews.
• Track onboarding status and maintain accurate records.
• Identify process gaps and recommend improvements in onboarding controls.

Technical Competencies

• Strong knowledge of KYC, CDD, EDD, and AML frameworks.
• Understanding of UBO identification and corporate structure analysis.
• Familiarity with sanctions and PEP screening tools.
• Ability to apply risk-based assessment methodologies.
• Proficiency in MS Office and compliance systems.

Behavioral Competencies

• High attention to detail.
• Strong analytical and risk assessment skills.
• Integrity and confidentiality.
• Clear escalation judgment.
• Ability to work under regulatory timelines.