Senior KYC Analyst

About the Role:

• Understand and manage KYC and AML processes
• Support the origination and in-life management of deposits by handling the Customer/Enhanced Due Diligence during on-boarding and in-life periodic reviews.
• Process all applications through a workflow system effectively, within agreed SLAs and goals, and in compliance with company policies and procedures.
• Perform due diligence checks on prospective and existing customers, such as requesting KYC information and documentation.
• Conduct enhanced due diligence on high risk customers, including evaluation of client responses to sources of wealth and intended use of account.
• Investigate identified suspicious clients generated by the screening system, such as WorldCheck and OFAC list.
• Analyze the AML/CFT risk of Politically Exposed Persons (PEP), adverse information, business exposure in high risk & sanctioned countries and escalate the issues to the Legal Team for approval.
• Identify, monitor, evaluate and address customer account actions to address potential risk, fraud or suspicious activity.
• Follow internal policy and procedures when dealing with account related suspicious activity.
• Cross reference multiple databases for potential undesirable client matches.

Requirements for the Role:

• 3-5 years experience working in KYC/compliance related role in the financial services/banking industry
• Background working in U.S. markets, in a fintech/tech company, or both.
• Comfortable working in the US Shift
• Deep domain expertise in end-to-end KYC and KYB due diligence, supported by a strong operational understanding of sanctions screening, financial crime risk mitigation and BSA/AML compliances.
• Experience with Screening/Data mining and using different search engines in prior role.
• Proficient in MIS, Understanding Data sensitivity, MS Office, with strong Excel skills (e.g., VLOOKUP/XLOOKUP, Pivot Tables, data formatting and Understanding Dashboards)
• An interest in financial crime and idea of digging deeper, looking into customer behaviors and identifying key characteristics of fraudulent users.
• Work on process improvements, conducting training and develop standard operating procedures
• Ability to oversee critical analytics projects from end to end independently.
• Ability to think outside the box, work with limited data, and find solutions to unorthodox problems.
• Excellent written and verbal communication skills.
• Ability to thrive in an ambiguous environment and adapt quickly to changing priorities; focused on getting things done in a highly organized way.
• Ability to work cross-departmentally, without the need for extensive hierarchical corporate structure
• An inquisitive and highly detailed oriented work ethic

Pay: ₹800,000.00 - ₹1,200,000.00 per year

Benefits:

• Commuter assistance
• Health insurance
• Internet reimbursement
• Paid sick time
• Paid time off
• Provident Fund
• Work from home

Ability to commute/relocate:

• Indiranagar, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)

Experience:

• KYC/KYB Onboarding: 4 years (Required)
• US Regulatory bodies: 2 years (Required)
• Process improvement: 1 year (Required)

Shift availability:

• Night Shift (Required)

Willingness to travel:

• 75% (Required)

Work Location: Hybrid remote in Indiranagar, Bengaluru, Karnataka