Deputy Manager - KYC

• 6 hours ago
  

Key Responsibilities -: Deputy Manager

• Regulatory Compliance
• Understand and Implement Regulations: Stay updated with local and international KYC regulations and guidelines
• Policy Development: Develop and update KYC policies and procedures in line with regulatory changes and best practices.
• Customer Due Diligence
• Client Onboarding: Oversee the KYC process for new clients, ensuring all required documentation is collected and verified.
• Ongoing Monitoring: Implement systems for continuous monitoring of client transactions and behavior to detect suspicious activities.
• Documentation and Verification
• Document Collection: Ensure that all necessary identification and verification documents are collected from clients.
• Verification Processes: Verify the authenticity of documents and information provided by clients using reliable and up-to-date sources.
• Record Keeping: Maintain accurate and up-to-date records of all KYC-related documents and transactions for audit and compliance purposes.
• Training and Awareness
• Employee Training: Develop and deliver KYC and AML training programs for employees to ensure they understand regulatory requirements and internal procedures.
• Risk Management
• Risk Identification: Identify and assess potential risks related to client activities and transactions.
• Escalation Procedures: Establish procedures for escalating potential issues or suspicious activities to higher management or regulatory bodies.
• Technology and Tools
• System Implementation: Oversee the implementation and maintenance of KYC-related software and tools.
• Data Security: Ensure the security and confidentiality of client data in compliance with data protection regulations.
• Technology Updates: Stay informed about technological advancements and updates that can enhance KYC processes and systems.