Analyst/Associate - KYC Wealth - BFS

Role- Wealth KYC

Job description :

- The KYC (Know Your Customer) Controls team has a regional exposure covering the controls against money laundering and terrorist financing etc.

- This candidate either perform the on-boarding process or periodic review for Wealth Management clients, counterparties and other parties subject to rolling review

- Ability to perform hands on tasks related to KYC and documents - update system with relevant details, perform due diligence, validate and upload documents

- Ensure client information and documents are validated / updated correctly and timely in the systems for seamless feed to other internal systems and reporting (Internal, regulatory etc.)

- Ensure client classification is applied in accordance with the prevailing rules and regulations in corresponding jurisdictions

- Identify system / process enhancement focusing on controls and efficiency and work with the IT teams to implement

- Perform the required KYC screenings on customers documenting the information obtained on the clients as required by global KYC procedure.

- Obtain mandatory documents and reports as per KYC requirements

- Perform necessary checks to identify politically exposed persons, sanctioned, Adverse Information on individuals and entities and mitigate risks associated with financial crimes.

- Implement additional steps, validating KYC risk compliance bases on research of customer records

- Constant and regular review of processes and areas to be in line with the new developments and gain efficiency.

- Ensure data and documents are entered (scanned and archived) into systems properly

- Ensure the files pass all quality and control reviews. Escalate concerns / issues as needed as company guidelines and local requirements.

- Continuously work with other stakeholders such as Compliance, Legal, Sales, Business Management on completing of KYC and client information updates

Experience- 2 to 3 years