Senior Executive KYC - Bengaluru, India - Careerfit

    Careerfit
    Careerfit Bengaluru, India

    2 weeks ago

    Default job background
    Accounting / Finance
    Description

    Responsibilities:

    • Perform Know Your Customer (KYC) due diligence reviews on new and existing clients to ensure compliance with regulatory requirements and company policies.
    • Collect and verify customer information, including identification documents, legal entity documentation, and beneficial ownership details.
    • Conduct risk assessments and screening checks on clients to identify potential financial crime risks, including money laundering, terrorist financing, and sanctions violations.
    • Analyze and investigate discrepancies or red flags identified during the KYC review process, escalating issues to management as necessary.
    • Maintain accurate and up-to-date records of KYC documentation and review activities in compliance with regulatory standards.
    • Communicate with internal stakeholders, including relationship managers, compliance officers, and legal counsel, to resolve KYC-related issues and inquiries.
    • Stay updated on regulatory developments, industry trends, and best practices in KYC compliance.

    Requirements:

    • Bachelor's degree in Finance, Business Administration, or related field.
    • Proven experience in KYC compliance, preferably in the financial services industry.
    • Strong knowledge of KYC regulations, AML/CFT laws, and industry standards.
    • Attention to detail and ability to analyze complex information.
    • Excellent communication and interpersonal skills.
    • Ability to work independently and prioritize tasks in a fast-paced environment.
    • Proficiency in MS Office and KYC screening tools.

    Skills:

    • KYC Compliance: Conducting due diligence reviews and risk assessments on clients.
    • Risk Management: Identifying and mitigating potential financial crime risks.
    • Documentation: Collecting, verifying, and maintaining accurate records of KYC documentation.
    • Investigation: Analyzing discrepancies and red flags to identify potential compliance issues.
    • Communication: Collaborating with internal stakeholders to resolve KYC-related issues.

    Preferred:

    • Certification in AML/CFT compliance or related field.
    • Previous experience in customer due diligence or risk management.