Jainam - Deputy Manager - KYC

Regulatory Compliance

- Understand and Implement Regulations: Stay updated with local and international KYC regulations and guidelines.

- Policy Development: Develop and update KYC policies and procedures in line with regulatory changes and best practices.

Customer Due Diligence

- Client Onboarding: Oversee the KYC process for new clients, ensuring all required documentation is collected and verified.

- Ongoing Monitoring: Implement systems for continuous monitoring of client transactions and behavior to detect suspicious activities.

Documentation and Verification

- Document Collection: Ensure that all necessary identification and verification documents are collected from clients.

- Verification Processes: Verify the authenticity of documents and information provided by clients using reliable and up-to-date sources.

- Record Keeping: Maintain accurate and up-to-date records of all KYC-related documents and transactions for audit and compliance purposes.

Training and Awareness

- Employee Training: Develop and deliver KYC and AML training programs for employees to ensure they understand regulatory requirements and internal procedures.

Risk Management

- Risk Identification: Identify and assess potential risks related to client activities and transactions.

- Escalation Procedures: Establish procedures for escalating potential issues or suspicious activities to higher management or regulatory bodies.

Technology and Tools

- System Implementation: Oversee the implementation and maintenance of KYC-related software and tools.

- Data Security: Ensure the security and confidentiality of client data in compliance with data protection regulations.

- Technology Updates: Stay informed about technological advancements and updates that can enhance KYC processes and systems.