Openings with a leading BPO for KYC process.   Experience: 2 - 5 years  Locations: Hyderabad, Bangalore  Job Description:  Re-reviewing of the High, Medium & Low risk entity categories for active clients held in db-Client for London region  - Source Documents through Internal repositories and External websites  - Documentary proofs to be stored in the specified repository   - Identifying duplicates and closure of the clients  - Accuracy of Data entry on systems/applications is critical  - Perform quality checks, perform error analysis and give feedback to team members to improve process quality  - Conduct due diligence and enhanced due-diligence on critical entities like Banks and Financial Institutions, MiFID etc...  - Timely escalation of issues to Team Leaders & system related issues to client’s technical support group  - Meet Service Level Agreements & Preparation of MIS as per process requirement  - Procuring Client contacts from Sales for obtaining the further information’s from client  - Ability to analyse data and business judgement to research results and draw relevant conclusions, summarize data, and review the case  - To verify and validate customer’s identity & profile, business and account activity; identify relevant adverse information and do risk assessment for potential money laundering and / or terrorist financing to support actionable decisions to mitigate against financial, regulatory and reputation risk and ensure regulatory compliance  - Identifying and reviewing suspicious activities by ensuring all Standards of conduct that should be followed, so as to protect and enhance the reputation of client with the regulators and avoid significant loss due to inability to meet compliance standards.  - Respond to queries, handle level 1 escalation and provide solution for closure of open points.  - Identify gaps in procedures, analyse adequacy of documentation and highlight circumstances that needs to be included.  - Undertaking responsibilities of removing unnecessary procedures in processes; ensuring uniformity in the process understanding at the client’s and the organization’s end.  Kindly mail your updated resume to sneha@placeminds.com

Bangalore

Hyderabad

KYC Team Member 

Job Description for KYC Team Member  in PlaceMinds Consulting Pvt. Ltd. in  Bangalore Hyderabad for (2-5) years of experience. Apply Now!