KYC/AML Associate

Job Description :KYC Analyst / KYC Executive
Position: KYC Analyst
Department: Operations

Industry: Banking / Financial Services / Wealth Management

Key Responsibilities:

• Conduct Know Your Customer (KYC) and Customer Due Diligence (CDD) checks for individual and non-individual clients.
• Review and verify client documents including identity proof, address proof, PAN, incorporation documents, and beneficial ownership details.
• Perform Enhanced Due Diligence (EDD) for high-risk customers and escalated cases.
• Ensure compliance with regulatory requirements, internal policies, and AML guidelines.
• Follow up with clients, relationship managers, and internal teams for pending documentation or clarifications.
• Monitor and update client records periodically as part of Re-KYC processes.
• Identify suspicious or unusual transactions and escalate concerns appropriately.
• Maintain accurate records and prepare reports related to KYC status, deficiencies, and account restrictions.
• Coordinate with onboarding, compliance, and operations teams for smooth account opening and maintenance.
• Ensure timely closure of KYC reviews within defined turnaround times (TAT).

Required Skills:

• Good understanding of KYC, AML, CDD, and regulatory compliance requirements.
• Knowledge of customer onboarding and documentation processes.
• Strong analytical and attention-to-detail skills.
• Good communication and stakeholder management abilities.
• Proficiency in MS Excel and banking/compliance systems.
• Ability to manage multiple cases and work under deadlines.

Preferred Qualifications:

• Experience in Banking, Wealth Management, NBFC, or Financial Services.

Experience:

• 1 -5 years of experience in KYC/AML/CDD operations.