Analyst - KYC

Analyst - KYC

Banking operations processing Permanent contract Bangalore, India Hybrid Reference T1 Start date Immediately Publication date 2025 / 06 / 02

Responsibilities

• Identify AML Category accurately basis documents / information available
• Must have knowledge regarding documentation requirements based on the AML category and other specific local and global requirements
• Perform checks on the profile (like legal entity name, geographic location, nature of business / industry, etc..)
• Review existing documentation available in client files and evaluate it's applicability
• Perform public domain search for capturing client information from AML Compliance approved websites and others ( Lexis / Nexis, Bankers Almanac, company websites, government websites, etc..)
• Should upload relevant documents and information in Documentum as applicable
• Perform screening, which includes sanctions, Politically Exposed Person (PEP) and negative news screening using relevant tools to make sure the client has no potential restrictions or negative news activities
• Possess strong verbal and report writing skills as they are expected to communicate with the sanctions and compliance team in case they are not able to mitigate negative news / hits found
• They must know what is considered strong and weak criteria while mitigating hits
• Calculate the risk rating using internal tools available (Financial Crime Risk Calculating Model (FCCR) or KRSM (KYC Risk Scoring Model)) accurately
• Write memos representing accurate information and relevant documentation for all high risk cases
• Obtain necessary approvals from the Compliance Audit Committee (CAC) or Senior Management, as applicable
• Liaise with Business Lines (BL) and Relationship Managers (RM) for missing KYC requirements and collect other mandatory information as prescribed by AML / OFAC / Local regulations (eg., US CIP) and guidelines
• Review and ensure information collated from BLs and RMs is correct and updated
• Perform background verification on individuals and entities using appropriate tools (, LexisNexis, World Check, Internet tools, etc.)
• Conduct client due diligence / enhanced due diligence and enrich review requests for submission to the Quality Check team
• Maintain a working knowledge of AML / OFAC / Local regulations (eg., US CIP) and be able to relate them to SG policies and procedures
• Update Daily MIS Report and forwarding the same for Management Review
• Maintain sound working relationships with the BLs, RMs and other stakeholders
• Should be up to date with the latest policies, procedures and regulations, including global minimum standards and local requirements based on the location of the client
• Ability to compile email to compliance or sanctions team (if required) reflecting the potential hits found during screening
• Ability to prioritize work and individual target and route all additional ad-hoc requests from the onshore team to the Cell Manager before taking any action

Meet Internal KPIs - NBO

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Why join us

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.