Senior Analyst KYC

Job Summary

Position Title: KYC Senior Analyst

Corporate Title: Analyst

Reporting to: Manager or Assistant Vice President or Vice President

Location: Bangalore

Role Overview

This individual will be responsible for conducting periodic KYC reviews/New Business Onboarding/Ad-hoc review for all MUFG Bank and MUFG Securities booking to EMEA region, these are primary Financial Institution, Banks, Corporates, and Individual customers (existing new business relationships). The role will require to perform customer Due Diligence based on the required regulatory standards, including, Screening (Bribery, Corruption, Adverse Media Sanctions), Regulatory classification and other suitability assessments like risk and enhance due diligence based on scenario.

The individual will work under MESI leadership to ensure effective and time bound due diligence is completed on cases within required SLA.

Roles and Responsibilities

• Individual will be responsible to conduct Know Your Customer ( KYC ) Operations services including Customer Due Diligence ( CDD ) for New to Bank or Existing Clients based on standard operating procedures ( SOP ), Operating manuals ( OM ) as defined by the local, regional, and global FC Teams.
• These responsibilities include, but are not limited to providing support in conducting, the items listed below as per SOPs and may be amended from time to time:
• Customer Due Diligence ( CDD ) and Enhanced Due Diligence ( EDD ) profile production for Head Office and other Global branches / affiliates/Corporates/Financial institution / Funds / Bank / individuals.
• Checking client information through publicly / internally available sources which ae sourced by analyst.
• Prepare check the KYC questionnaire, emails or calls with Client for outreach process
• Checking screening performed by analyst in accordance with Bank policy and escalate true hits to Adverse Findings
• Complete review CDD and EDD profiles to a pre-determined review schedule in a timely manner
• Act as Subject Matter expert in providing guidance on first level escalation or exception scenarios
• Responsible for some of the key top tier Clients or Front Office Desks basis the business requirements
• Assist the business where changes occur to existing customer profiles, by taking appropriate actions (i.e., Event Driven Reviews, administrative triggers, escalations)
• Complete relevant Identification, Verification and Bribery/Corruption checks for prospective transactions for existing or new to bank Clients to identify potential reputational, business, PEP (Politically Exposed person) , adverse media hits and Sanction risks etc.
• Liaise and connect directly with Clients, Sales, Relationship Manager, onshore teams and Local Account Officer within Client management and KYC teams and assist where appropriate.
• Timely and proactive escalation and resolution of issues, working closely with local and regional management
• Drive to build knowledge within the Anti-Money Laundering sector and to understand the rationale for underlying policy requirements.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.