Company: Global Investment Bank

Location: Mumbai

Designation: AVP

Years of Experience: 8-15 years

The KYC team plays an extremely key role in the firm supporting global businesses with a current team size of 15 team members which includes Associates / Managers. The team supports KYC On-boarding & Rolling Reviews for low & medium risk clients and high risk clients, including private clients, especially for EMEA business. Along with KYC, the responsibility of the team is also to provide solution on the potential issues identified by the various stakeholders in the firm and provide a turnaround time to be able to resolve the issues associated to KYC. The individual will have a specific focus on enhancing the Anti-Money Laundering (AML) and Know Your Client (KYC) infrastructure.

Job Description

1. Responsible for validating KYC documentation and advising business on AML/MiFID issues

2. Manage relationships with sales, onboarding and Compliance to ensure the timely collection of documentation and completion of due diligence

3. Identification and escalation of Politically Exposed Persons associated with medium and high risk clients

4. Completion of enhanced due diligence searches for clients and principals associated to medium and high risk clients

5. Manage ad-hoc projects relating to account opening and wider KYC function

In addition to daily KYC BAU activities, the team is also part of strategic projects and decision making, such as -

1. Identify vendors & participate in vendor meetings to assess KYC tools and their offerings.

2. Ensure KYC business requirement documents are complete.

3. Identify & implement better tools / services to make the process efficient by utilizing Robotics, Utilities.

4. Connect with the regional partners discussing regulatory asks and accordingly form the processes to be compliant.

Skills, experience, qualifications and knowledge required:

1. Bachelor's degree in business/ related discipline or equivalent work/training required, professional

2. qualification in KYC / AML such as CAMS is a big plus

3. Strong AML / KYC / CDD / EDD experience

4. 6 - 10 years experience in Quality Assurance, Audit including strong operational control capabilities,

5. Sound knowledge of QC and certain Production Management tools, Planning & Project management

6. Skills and a proven track record in delivery

7. Proven experience in an Investment Bank within a Compliance/KYC team

8. Good understanding of MiFID categorisation

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