KYC/AML Analyst

THIS JOB IS FOR FRESHERS ONLY

Inviting applications for the role of Process Associate Banking Financial Crime & Fraud

Your role will be responsible for opening, amending, reviewing exciting clients according to established policies and procedures.

Role & responsibilities :

• Drafting appropriate client due diligence / transaction monitoring / regulatory requests responses
• Carrying out conflicts searches, assessing the results and advising on implementing safeguards.
• Developing and maintaining a good understanding of anti-money laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements.
• Manage MIS activities and data collation
• Maintaining a good knowledge of potential red flags regarding the client and work types across customer landscape and the jurisdictions within geography.
• Work towards driving process improvements and initiatives
• Reviewing new customer accounts and verifying their identities
• Assessing risks and compliance issues associated with customers or products
• Studying market trends and evaluating customer behavior
• Assisting efforts aimed at preventing money laundering, terrorist financing and other illicit financial activities
• Compiling accurate and up-to-date data on customers for compliance reasons
• Leveraging insights from customer behavioral research to improve customer experience
• Liaising with management to ensure compliance with internal policies and external regulations
• Preparing suspicious activity reports (SARs)
• Reporting accounts with high risk or missing documentation to relevant officers
• Performing complex data analysis to aid decision making

Qualifications

Minimum qualifications

• Graduate: B.Com / BBA /BTEc / MBA

Preferred qualifications :

• Relevant work experience, preferably in Banking/ ITES Industry.
• Good analytical and problem-solving skills
• Prior experience in Banking or Insurance
• Ability to communicate verbally and through emails with businesses

Preferred candidate profile :

• Excellent reporting and observational skills
• Strong written and oral communication skills
• Ability to multi-task and coordinate multiple projects
• Well-developed IT skills
• Interpersonal skills
• Management
• Excellent research skills and familiarity with online/offline research tools

Perks and benefits :

• High incentives
• International Travel opportunity
• cab facility
• shuttle service
• lunch couponsRole & responsibilities