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Job Description Associate, Anti Money Laundering/Prevention/KYC Representative I At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about. We’re seeking a future team member for the role of Associate, Anti Money Laundering/Prevention/KYC Representative I to join our Investment Management team. This role is located in Chennai, Tamil Nadu – HYBRID. In this role, you’ll make an impact in the following ways: The KYC Analyst is responsible for ensuring robust Client Due Diligence (CDD) and maintaining compliance with AML/KYC regulation. This role involves verifying client identities, analysing documentation, performing sanctions screening across different jurisdictions, conducting periodic reviews of existing clients, and from time to time providing KYC information to third parties as required Perform detailed KYC checks on new and existing clients by liaising with onshore teams to gather and verify all necessary information Maintain accurate, up-to-date customer profiles Screen clients against sanctions list for the UK (FCA/HM Treasury), US (OFAC) and EU (EU Sanctions List) using an automated system Identify and escalate potential matches or red flags to the Compliance Team for further investigation Conduct regular reviews of existing KYC records to ensure ongoing compliance with regulatory requirements Referring to compliance for second review should any high-risk clients be identified as part of the periodic review Update and amend client records as needed to reflect any changes in status or information Maintain comprehensive records of all KYC documentation and sanctions screening outcomes Provide verified KYC information to internal and external third parties as necessary, ensuring adherence to data protection and confidentiality standards Work closely with internal stakeholders including Compliance to ensure consistent application of KYC standards and sanctions screening procedures Contribute to ongoing enhancements of KYC processes and the integration of new regulatory requirements To be successful in this role, we’re seeking the following: Any graduate / post-graduate with 2-5 years of experience in KYC, periodic review. Should be detailed-oriented, proactive in maintaining regulatory compliance, and skilled in both periodic reviews and effective dissemination of KYC information to support business and compliance requirements should be a self-starter, ability to multi-task, have good communication and written skills, have ability to facilitate change, and work with all levels of management. Should be self-motivated and organized and have working knowledge of Lexis Nexis, Microsoft Word, Power Point and Excel. At BNY, our culture speaks for itself. Here’s a few of our awards: America’s Most Innovative Companies, Fortune, 2024 World’s Most Admired Companies, Fortune 2024 Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024 “Most Just Companies”, Just Capital and CNBC, 2024 Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024 Bloomberg’s Gender Equality Index (GEI), 2023 Our Benefits And Rewards BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. Show more Show less
