Associate Process Manager- KYC
- Full time
- Mumbai IN
- @eClerx
Job Detail
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Job ID 2935
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Career Level Manager
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Experience 4-6 Years
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Industry IT & BPM
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Qualifications Degree Bachelor
Job Description
Role description:
- Sanction Screening – KYC – Associate Process Manager
- Job Title: Associate Process Manager
- Skill: KYC: Sanction screening
- Location: Mumbai
KYC – Associate Process Manager Responsibilities:
- Responsible for managing multiple Sanction Screening and AML Transaction Monitoring processes
- Understand Client’s KYC policy along with Global and local requirements when completing documentation inclusive of Customer Identification Program (CIP).
- Conducting sanctions screening and investigations related to sanctions hits, customer/enhanced due diligence investigation or verifications.
- Reviewing and analyzing AML/KYC documentation for both new and existing customers identifying main issues and missing information, and documenting the analysis and conclusions.
- Proactively gather and coordinate any changes to the clients AML policies, processes with Compliance or LOB Operations and AML Sanctions Screening.
- Conducting reputational checks on individuals or entities, including screening for negative news, sanctions, and politically exposed persons (PEP).
- Liaise directly with Clients, Sales, Relationship Manager, onshore teams and Local Account Officer within Client management and KYC teams and assist where appropriate.
- Identifying and evaluating AML/CTF risks according to an internal risk-based approach.
- Collecting, analyzing, and maintaining AML/KYC documentation.
- Ensuring the KYC databases and KYC software are kept up-to-date and accurately populated.
- Responding to or escalating urgent and sensitive KYC requests appropriately.
Qualifications:
- Individual should have a Bachelor’s/Master’s degree in any stream, any certification/diploma in AML/KYC domain would be an added advantage.
- 3 to 5 years’ experience in Sanction Screening and AML Transaction Monitoring.
- Sound business acumen – a practical and positive approach to meeting CDD/KYC requirements in a client facing environment. Knowledge of or experience in a professional services firm would be beneficial.
- Ability to independently research, analyze, and recommend solutions to close open items and discrepancies with client
- Outstanding analytical and investigative skills combined with the ability to navigate through ambiguity in a fast-paced, multifaceted environment
- Strong knowledge of client structures typically used within the financial services industry.
- Knowledge of and a drive to stay up-to-date with industry developments in KYC/CDD.
- Strong verbal and written communicator with the ability to work as part of the client facing team and a track record for building positive relationships with colleagues.
- Proven analytical and problem solving mindset with an ability to develop innovative solutions, including the use of technology.
- Being able to influence change in processes and be proactive in finding solutions where requirements are unclear.
- Ability to think digitally about solutions to complex problems and use technology to drive efficiencies.
- Good experience in MS-Office applications like Excel, Word, Power point, Outlook etc.