KYC / KYB Openings For international Banking

ConfidentialBengaluru / Bangalore

30+ days ago

Job description

Key Responsibilities :

KYC (Know Your Customer) Due Diligence :
Conduct comprehensive customer due diligence (CDD) for individuals applying for accounts or services with the bank.
Collect and verify customer information, including personal identification , financial background, and risk factors, in accordance with regulatory requirements.
Perform ongoing KYC reviews for existing clients, ensuring that records are up to date and compliant with the latest regulations.
Monitor transactions for unusual or suspicious activity and escalate to the compliance team when necessary.
KYB (Know Your Business) Due Diligence :
Conduct thorough due diligence for business clients, verifying company details , ownership structures , and business activities .
Ensure that company registries , articles of incorporation , and directorship information are accurate and comply with jurisdictional requirements.
Analyze ownership structures and assess whether there are any connections to high-risk individuals or countries.
Risk Assessment :
Perform risk assessments for customers based on their profile , transaction history, and geographical location.
Classify customers based on their risk category (low, medium, high) and ensure proper documentation is collected for high-risk clients.
Regulatory Compliance :
Stay up-to-date with international AML , KYC , and KYB regulations, ensuring compliance with local and global laws.
Assist in preparing reports for internal audits and regulatory inspections related to KYC and KYB compliance.
Collaborate with compliance officers, legal teams, and other stakeholders to ensure timely and accurate client onboarding and ongoing compliance.
Document and Data Management :
Maintain accurate and organized records of KYC and KYB documentation for audit purposes.
Ensure all customer information is securely stored and accessible, following data protection regulations.
Customer Support :
Provide guidance and support to clients regarding KYC and KYB requirements during onboarding and ongoing monitoring.
Address and resolve any queries or issues clients may have regarding the verification process.

Qualifications :

Bachelor's degree in Finance , Accounting , Business Administration , or related field.

1-3 years of experience in KYC , KYB , or AML compliance, preferably within an international banking environment.

Strong understanding of regulatory frameworks (e.g., FATF , EU AML Directives , OFAC , FCA regulations ).

Knowledge of global KYC / KYB practices, including client risk profiling, document verification, and financial crime prevention.

Experience with KYC / AML systems and databases (e.g., World-Check , Amlcheck , Refinitiv ).

Familiarity with regulatory reporting and escalation processes for suspicious activities.

Skills Required

Kyc, Aml

Create a job alert for this search

International Banking • Bengaluru / Bangalore