Name Screening & Onboarding Ops

Purpose of the Job

To provide quality recommendations on onboarding for both FIs and Corporates clients in full compliance with the defined risk appetite, policy, and regulatory requirements. To assist team in achieving overall objectives of the department ensuring timeliness and quality in submissions. Ensures that all reconciliation and settlement operations adhere to the organization's financial and business strategies.

Deliverables

1. Individual & 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, IRDA etc.)

3. Periodic Onboarding Due Diligence – Such as Creation/ Management/ Closure of Settlement Accounts, Name Screening for non-Individuals entities and Individuals as Authorised Signatories & BO of these entities.

4. Identification of UBO/FATCA-CRS/ Shareholding Pattern, etc.

5. Performing due-diligence on new customer, screening, requesting, review the documents received & updating all the relevant information into the system.

6. Undertaking review of KYC documents for their Periodic review, Re-KYC.

7. Performing Customer update, modification basis instruction received from business.

8. Perform Enhanced Due-diligence on customers/partners identified to be High Risk, PEP, etc.

9. Manages the day-to-day BAU activities of an organization's banking operations department.

10. Sharing MIS/Data as & when required as part of BAU activities & audit requirement.

Decision level

1. Must have working experience in Banks for Onboarding & Management of Individual & Non individual.

2. Bring in process with zero error.

3. Reporting & analysis in process.

Demonstrate

• Knowledge of KYC processers, regulations.
• Knowledge of bank’s backend operations will be an added advantage.
• Ability to work in a startup based and dynamic work environment
• Good knowledge of MS office (SQL, Access, excel, power point,) and banking software.