The bank for a changing world

Contract

Standard / Permanent

Location

IN-MH-Mumbai

Job function

COMPLIANCE

Reference

CIB001939

Key Responsibilities

 

  • Work with Client Management, conducting period reviews of existing customers, to confirm the information on file, reconfirm customers ownership structure, conduct PEP/negative news and sanctions check to ensure KYC completeness, accuracy and quality/readiness.
  • Provide advice and interpretation on specific KYC compliance policies, procedures and topics, considering both the spirit and intent of applicable law.
  • Work closely with Country Compliance to ensure KYC reviews are signed off and that any repairs or additional information required is sought in a reasonable timely manner particularly in the context of Client Acceptance Committee (“CAC”) or Coordinated CAC.
  • Collaborate with Country/Regional Compliance covering KYC to help ensure consistency in interpretation and application of existing and new regulatory requirements.
  • Able to quickly size KYC compliance issues (e.g. overdue/ageing files) and trouble spots, and influence related remediation activities including timely closure of action plans developed in response to adverse audits and regulatory examinations.
  • Assist in special projects as needed, including but not limited to, project planning and project management particularly on the centralised KYC repository tool front.
  • Support management with regulatory exams and Inspection Generale as needed.

Competencies (Technical / Behavioural)

 

  • Extensive AML/KYC experience, including subject matter expertise on all KYC profiles regardless of entity type and risk level.  Must be well versed in these entity types, potential risk factors and how this plays into the AML KYC requirements that must be fulfilled for each entity. 
  • Have an inquisitive mind.
  • Preferably at least 6 years of working experience with 4 years of AML/KYC Compliance experience.  Candidates with less experience may be considered for Regional KYC Analyst position.
  • Formal training or qualification in AML and KYC would be beneficial.
  • Sound understanding of AML KYC principals and be well versed in Asia Pacific, EU landscapes.
  • Able to move to and from different clients (and therefore different requirement scenarios), reports and projects throughout the day, which requires a high degree of flexibility and strong prioritization skills.
  • Must have strong interpersonal skills, a flexible, collaborative and team-oriented approach to problem-solving and an ability to work in a fast-paced, rapidly changing environment, and preferably with some experience of dealing in multiple countries in Asia Pacific.  
  • Have extensive research skills to aid in establishing and/or validating required information and documentation.  Must also know when to communicate issues to team members or team leads.
  • An ability to write concisely and clearly; and to produce clear constructive advice under pressure and within short timeframes.
  • Ideally be familiar with navigating KYC tools which support AML/CFT Compliance controls.

 

 

Bachelor's degree or equivalent from an accredited institution (e.g. ICA or ACAMS