CA - AML KYC Associate

Job Title :

CA AML / KYC Analyst and Associate

Company : PwC India

Location : Mumbai

Job Type : Full-time

Summary :

We are seeking a highly skilled AML / KYC Analyst with 2-6 years of experience to join our dynamic team in Financial Crime Compliance. The ideal candidate will be responsible for thorough reviews of financial transactions to detect and prevent fraudulent activities and conduct due diligence on clients by gathering and analyzing client information to verify compliance with regulatory requirements.

Responsibilities :

Conduct client due diligence (CDD) to gather information such as identity verification, source of funds, and beneficial ownership for different entity types like Banks, Trust, Funds, SPV etc.

Perform initial checks on client documents and data to ensure completeness and accuracy.

Support in conducting research using various databases and sources to verify client information.

Conduct in-depth investigations of flagged transactions to identify patterns, trends, and anomalies using the advanced transaction monitoring systems and tools to analyze financial transactions for potential suspicious activities.

Review and assess customer account activity to detect and prevent money laundering, fraud, and other illicit financial activities.

Conduct sanction screening and adverse media screening of customers using specialized tools and databases and analyze screening results to identify matches with sanctioned individuals, entities, or countries.

Maintain accurate documentation for all clients, including KYC profiles and ongoing monitoring records.

Conduct reviews for ongoing monitoring of client accounts, including periodic reviews and event driven reviews.

Collaborate with internal stakeholders including compliance officers, risk management teams to address KYC-related issues and provide guidance on regulatory requirements.

Continuously participate to evaluate and enhance AML and KYC processes and procedures to improve efficiency and strengthen compliance controls.

Stay updated on regulatory requirements, industry trends, best practices related to AML, KYC, TM and CFT compliance.

Requirements :

Bachelor's degree in finance, accounting, business, or related field.

2-6 years of experience in KYC, TM, AML compliance, or a related role within the banking industry.

Strong understanding of financial regulations, including but not limited to FATF, OFAC, Bank Secrecy Act, RBI MD and other global and local Anti-Money Laundering (AML), and Know Your Customer (KYC) guidelines.

Proficiency in using transaction monitoring tools and software platforms.

Excellent analytical skills with the ability to interpret complex financial data and identify potential risks.

Detail-oriented with strong organizational and time management abilities.

Effective communication skills, both verbal and written, with the ability to communicate findings and recommendations clearly and concisely.

Ability to work independently and collaboratively in a fast-paced environment.

Preferred Qualifications :

Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS).

Experience working with large-scale banking or financial institutions.

Familiarity with regulatory requirements specific to the jurisdiction in which the bank operates.

Benefits : Competitive salary

Health insurance

Paid time off and holidays

Professional development opportunities

How to Apply :

Interested candidates should submit a resume and cover letter outlining their qualifications and relevant experience to [email address]. Please include "AML / KYC Analyst Application" in the subject line.