The bank for a changing world

Jr. Associate / Associate - KYC Recertification Preparation (India)

Contract

Standard / Permanent

Location

IN-MH-Mumbai

Job function

OPERATION PROCESSING

Reference

CLI000269

Detailed description of the role:

1. Preparation of Compliance Documents for recertification
1.1  Recertify the KYC forms (Due Diligence Package) for completion,
1.2  Obtain mandatory documents and reports as per KYC requirements
1.3  Perform necessary checks (3rd parties, website, stock exchange) to complete the recertification of the KYC, including checks against local and global blacklists.
1.4  Direct SBO contacts to collect missing documents, opinions and sign off
1.5  Get KYC forms and mandatory documents validated by Business Line / Coverage in charge.
1.6  Ensure data and documents are entered (scanned and archived) into systems properly
1.7  Ensure client files pass all quality and control reviews
1.8  Upon approval forward Due Diligence Information to Static Data Team for maintenance
1.9  Escalate concerns / issues as needed
1.10 Communicate within the team, Compliance, the business and IT

2.Other Functions
2.1 Contribute to the implementation of Permanent Control policies and procedures in day-to-day business activities
2.2 Active participation in regular review of operational procedural changes /requirements during  processing functions / staff meetings 
2.3 Active participation in Projects / System Changes / UAT / new system implementation when required.


3.    Qualifications and Experience:
3.1    University Graduate
3.2    2-3 years experience in Banking Industry / Min. 1 years in banking/due diligence onboarding related activity or relevant experience
3.3    Strong knowledge of the on-boarding/ KYC process for CIB
3.4    Strong knowledge of the global and local regulations regarding company structures, AML and financial markets.

4.    Skills
4.1    Good communication skills is a pre-requisite
4.2    Ability to use varied and complex banking systems
4.3    Accuracy and rigor of input of high volume of data
4.4    Fluent in English
4.5    Team player
4.6    Adaptable flexible approach to the working environment
4.7    IT literate and familiar with Microsoft  Office (Excel to macro level), Powerpoint…