Financial Crime Compliance Specialist

Job Title : AML / KYC Analyst and Associate

Company : PwC India

Location : Bangalore

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 :

Preferred Qualifications :