Customer Onboarding Operations

This is a subject matter expertise profile seeking a detail-oriented and experienced Regulatory Reporting professional to join the team. The ideal candidate should have a strong background in banking and possess relevant regulatory knowledge. Responsibilities include preparing, reviewing, and submitting timely and accurate regulatory reports to regulators. Key responsibilities of the role include preparing and submitting regulatory reports in accordance with jurisdictional guidelines, reviewing, validating, and reconciling data sources for regulatory reporting to ensure accuracy and completeness. The candidate will collaborate with internal teams such as Finance, Risk, and Compliance to gather data and ensure accuracy in reports. Additionally, maintaining strong documentation and audit trails for all submissions and assisting in the implementation of new regulatory reporting requirements and upgrades to reporting systems are essential duties. The incumbent is expected to manage the entire control management life cycle of entities identified by the bank, including onboarding, post-modifications, and closure. They must be well-versed in the norms and guidelines of various regulatory bodies such as RBI, UIDAI, CERSAI, NeSL, CRILIC, Ministry of Corporate Affairs, and other relevant authorities in the corporate/mSME/non-individual domain. The role requires providing thought leadership and process improvement initiatives by demonstrating control across audit observations, good performance across risk scorecards, and ensuring compliance for reporting to relevant external and internal authorities and control functions. Certifications required for this role include Certified Anti Money Laundering Specialist, Enhanced AML Certification program for compliance professionals, and other online-based certifications for name screening. Deliverables for this role include updating standard operating procedures based on guidelines and compliances laid by regulators such as RBI, UIDAI, CERSAI, etc., periodic onboarding due diligence for accounts, name screening for individuals and non-individual entities, ensuring clean compliance and reporting, and interacting with various teams within the organization. The educational level required for this role is a graduate/post-graduate degree with an understanding of KYC guidelines, analysis skills, proficiency in MS Office & SQL, understanding of name screening KYC/AML activities, and a deep understanding of RBI guidelines and regulatory reporting.,