KYC Analyst

Job Title: KYC Analyst
Job Location: Bangalore (Work from office) for Australian Banking Client

Relevant Experience: 2 to 5 years in KYC

Employment Type: Full time (Contractual), 6 months+ extendable

About Emagine:

Emagine is a global professional services consultancy and solutions firm, specializing in driving innovation in technology and business for the banking and financial services sector. With a global presence, we provide expert services that enable organizations to navigate the complexities of the financial world while ensuring compliance with regulatory frameworks.

Job Summary:

We are looking for an experienced KYC Analyst to join our team in Bangalore. The ideal candidate will have a strong background in end-to-end KYC processes, including knowledge of various entity types, risk assessment, and compliance regulations. This role requires a hands-on approach in ensuring that all KYC activities meet the highest standards of regulatory compliance.

Key Responsibilities:

• End-to-End KYC Process: Manage the entire KYC lifecycle, including Client Identification Procedures (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
• Entity Types & Risk Assessment: Perform KYC checks across various entity types (individuals, corporations, partnerships, etc.), including Politically Exposed Persons (PEPs) and Sanctions screening.
• Client Risk Rating: Apply appropriate client risk ratings and assess financial crime risks, ensuring alignment with internal policies and regulatory requirements.
• Ownership & Control: Analyze and identify Ultimate Beneficial Ownership (UBO), Intermediate Beneficial Ownership (IBO), Key Controllers, and Authorized Signatories for clients.
• Regulatory Compliance: Ensure compliance with KYC regulations, including FATCA, CRS, MiFID, and relevant global regulatory frameworks.
• Document Verification: Review and verify KYC documents to ensure they meet regulatory and internal standards. Recognize and flag red flags or discrepancies.
• KYC Reporting: Generate and maintain accurate records of KYC documentation and ensure the proper escalation of concerns or issues to senior management.

Skills and Qualifications:

Must-Have:

• Hands-on experience with End-to-End KYC processes.
• Familiarity with different Entity Types (corporations, individuals, trusts, etc.).
• Knowledge of PEP & Sanctions screening processes.
• Expertise in CIP, CDD, EDD, and the Client Risk Rating process.
• Proficiency in identifying UBO, IBO, and Key Controllers.
• Understanding of the Identification & Verification process for KYC.
• Knowledge of Licensed Databases for KYC checks (e.g., Egmont).
• Strong understanding of Document Requirements for KYC.
• Ability to identify Red Flags in client profiles and documents.

Good to Have:

• Additional knowledge of End-to-End KYC and complex cases.
• Awareness of FATCA, CRS, and MiFID regulations.
• Knowledge of Global Regulators and their compliance requirements.
• Familiarity with Bearer Shares and related regulations.
• Experience with Fincrime Tools (e.g., Actimize, World-Check).
• AML/Fincrime Certifications (e.g., CAMS, ICA).
• Experience with FATCA/CRS and reporting for cross-border clients.

Education & Experience:

• Bachelors degree in finance, Business, or related fields.
• 2 to 5 years of relevant experience in KYC, AML, or Compliance roles.
• Knowledge of banking and financial services compliance standards.

Why Join Emagine?

• Work with a global leader in professional services within the banking and financial services industry.
• Opportunity to grow in a dynamic and innovative environment.
• Collaborative team culture with opportunities for learning and development.

If you're ready to join a global company and apply your KYC expertise in an exciting and challenging role, apply today!