Associate Process Manager

The KYC Lifecycle Team performs detailed KYC checks on new and existing clients to fulfil KYC & AML regulatory requirements in multiple jurisdictions, allowing our clients to engage in a risk compliant manner. This role will include the understanding of KYC lifecycle and manage complete KYC process. In this role you will be liaising with our clients, front and middle office staff to obtain KYC documentation of existing customers as part of reviews, interfacing with internal stakeholders on any KYC lifecycle related queries and conducting research clients to obtain KYC data from public sources. You will also be screening entity names against sanctions, adverse news and politically exposed person, provide disposition and escalate due diligence findings to Financial Crimes Compliance.

KYC- Associate Process Manager

Responsibilities: -

• Provide KYC/Client Due Diligence (CDD) Subject Matter Expertise and guidance to the team, in view of establishing the highest levels of quality.
• Seek to perform an independent quality check of client profile updates during Lifecycle Management process, including Client Corporate Structure, Source-of-Wealth, KYC, Tax, US Indicia, Sanctions, PEP, Sustainability Risk, Reputational Risk and Client Risk Score, to ensure adherence to regulatory requirements and Bank policies
• Be the single point of contact / case manager for Team, on Periodic Review cases
• Be the Subject Matter-Expert (SME) in Focused Review processes, to assist with the implementation and delivery of continuous process/technology improvements
• Uphold the highest standards of control, always keeping data integrity and process controls in mind while carrying out day-to-day work
• Stay up-to-date with the latest regulatory, policy and procedural requirements, and take ownership of relevant procedural updates
• Report higher risk matters or regulatory questions to the Financial Crime Compliance team
• Engage business partners in Back Office, Compliance and Operations regularly, to enable effective collaboration in day-to-day work
• Provide support for any regulatory & audit related reviews, and training/walkthrough of client onboarding process, as required

Qualifications

• Individual should have a Bachelor's/Masters degree in any stream, any certification/diploma in AML/KYC domain would be an added advantage.
• 3 to 5 years' experience in AML Compliance & KYC within the financial services industry with experience in conducting due diligence.
• Sound business acumen - a practical and positive approach to meeting CDD/KYC requirements in a client facing environment. Knowledge of or experience in a professional services firm would be beneficial.
• Ability to independently research, analyze, and recommend solutions to close open items and discrepancies with client
• Outstanding analytical and investigative skills combined with the ability to navigate through ambiguity in a fast-paced, multifaceted environment
• Strong knowledge of client structures typically used within the financial services industry.
• Knowledge of and a drive to stay up-to-date with industry developments in KYC/CDD.
• Strong verbal and written communicator with the ability to work as part of the client facing team and a track record for building positive relationships with colleagues.