Customer Onboarding Operations

Purpose of the Job

This is a Subject Matter expertise profile which requires a detail-oriented and experienced Regulatory Reporting professional to join our team. The ideal candidate will have a strong background in banking, possess relevant regulatory knowledge Candidate will be responsible for preparing, reviewing, and submitting timely and accurate regulatory reports regulators.

1. Prepare and submit regulatory reports as per jurisdictional guidelines
2. Review, validate, and reconcile data sources used for regulatory reporting, ensuring accuracy and completeness
3. Collaborate with internal teams including Finance, Risk, and Compliance to gather data and ensure accuracy in reports
4. Maintain strong documentation and audit trails for all submissions
5. Assist in the implementation of new regulatory reporting requirements and upgrades to reporting systems

The incumbent is expected to act as a catalyst for management of the Entire Control management across the entity Life-cycle (Onboarding, post-Modifications, and Closure) of entities identified by the bank SoP for performance of any onboarding related consequence management or control actions

The Incumbent is expected to be well versed with the extant norms, guidelines of various regulatory bodies such as RBI , UIDAI, CERSAI, NeSL , CRILIC, Ministry of Corporate Affairs, and all relevant URLs, Sites in the Corporate/ mSME/ Non Individual domain.

The Incumbent has to provide thought leadership and process improvement initiatives by demonstrating Control across Audit observations, good performance across RISK scorecards and ensure Compliance for reporting to relevant external and Internal authorities and control functions.

Certifications :

Certified Anti Money Laundering Specialist

Enhanced AML Certification program for compliance professionals

Other Online based certifications for Name Screening

Deliverables

1. Updation of SoPs basis guidelines and compliances laid by Regulator(s) ( like RBI , UIDAI, CERSAI etc.) with respect to Manual Onboarding Operations.
2. Periodic Onboarding Due Diligence – Such as Creation / Management / Closure, of Accounts , Name Screening for Individual and Non- Individual entities (including BCs and BC Agents), and Individuals as Authorized Signatories of these entities
3. Ensure Clean Compliance and reporting , nil Audit observations , Process adherence from the team as per SoP and Way-of-Working
4. Interacting with team(s) like Product, IT, CBS, CX, Risk , Audit, Compliance, Internal Control (Control Functions)

Educational Level

• Graduate/Post-Graduate
• Understanding of KYC guidelines , Analysis Skill, good Skill set on MS office & SQL
• Understanding of Name Screening KYC /AML activities. Deep understanding of RBI guidelines and Regulatory Reporting