Associate / Senior Associate-KYC+Transaction Monitoring

Immediate joiners are preferred.

Job Purpose :

This position will be responsible for the delivery of projects related to Onboarding and Periodic Review with focus on Transaction Analysis and / or Transaction Monitoring (L1 / L2) reviews.

The operations / process will include :

1. Review of the customers profile on records and refreshing / updating the same. The profile would include i) registration details, ii) nature of business and iii) ownership structure

2. Performing public domain searches (Google searches) for adverse news on the customer and associated parties

3. Analyzing the transactions done by the customer to assess if they match its business profile & activity.

a. Coordinating with the clients CDD and FIU team to report any non-regular or suspicious activity b. Coordinating with the clients CDD and FIU team to raise RFIs, where required c. Preparing a detailed summary report of the transactions analyzed

4. L1 Transaction Monitoring to review and assess if alerts are false positive or need further investigation

5. L2 Transaction Monitoring to investigate potential alerts to assess if suspicious activity The individual will work in close partnership with the CDD and FIU teams to ensure accurate and complete data quality and compliance with regulatory requirements.

Mandatory WFO & UK Shift

Key Responsibilities :

• Perform L1 or L2 function is applicable
• Performing standard KYC checks
• Perform Sanctions, Watch List, PEP and Adverse New Screening
• Prepare alert summaries on the basis of the available, collated and researched information. - Perform transaction analysis - Prepare summary report for transaction analysis
• Conduct quality reviews (Peer QA and QC)
• Prepare MIS reports and documentation related to the tasks - Interact with the customer and discuss the outputs

Mandatory requirements

Certifications (preferred) - ACAMS - ACFCS - IC