Job
Description
We are inviting applications for the role of Associate/ Senior Associate, AML/KYC/Merchnat Onboarding Location - Gurgaon Eligible candidate can connect with our recruitment team: Call/WhatsApp- 10AM - 7PM (time) HR SALONI - 9997196123 HR ABHISHEK - 9147047908 HR KASHISH- 7678572840 In this role, the shortlisted candidate will be reviewing the documentation for new customer/entity in line with defined process and procedure. Summarize findings, facts and information in a narrative report, highlighting actions and recommendation for next steps. Perform Enhanced Due diligence for high risk customer / entity. In this position candidate will analyze entity structure, conduct bank account verification, beneficiary verification, perform RDC screening, assign risk rating and perform due diligence based on the risk rating procedures. Conducting Due Diligence and Know Your Customer (KYC) research for institutional & corporate clients as part of the business-wide Anti-Money Laundering (AML) Compliance remediation & refresh processes Perform hands on task related to KYC and account opening (Including working with front office on information and documents, update system with relevant details, perform checks, validate & upload documents, manage pipeline for new accounts and KYC rolling review- KYC refresh) Produce accurate and quality work (90-95%) under tight deadlinesand minimal supervision Executing and reviewing negative media alerts from client screening and escalate where necessary Meeting production target volumes and dates as advised Communication with the front office staff and other employees involved in the maintenance of internal control standards Identify and resolve or escalate, as appropriate, any issues in relation to the onboarding process Conduct Office of Foreign Assets Control (OFAC) screenings through World-Check and other similar tools to identify Politically Exposed Persons (PEPs) and heightened risk individuals and organizations. Minimum qualifications University graduate Experience should be in back office work, compliance, investigation, AML/KYC, audit review and/or account review Microsoft Office, internet, and digital literacy! Excellent communication and comprehension Critical thinking Preferred qualifications Experience in AML and KYC in the customer due diligence, enhanced due diligence and Know your Customer space for Fintech/e-commerce. AML investigatory experience and analytical skills Periodical review of KYC records as to completeness, including verifying that due diligence has been performed Client on boarding checks, verifying external regulatory and registry websites for their legal active status. Understanding of different entity types and ownership structure including but no limited to Charities, PIV, SPV, Banks & Financial Institute, Private and Public companies (listed / non listed) and CIS Ability to conduct detailed investigation in Adverse / Negative Media and Transaction Surveillance / Monitoring Ability to independently research, analyze, and recommend solutions to close open items and discrepancies Knowledge of AML/KYC controls including front-end systems, applications, data sources, and back end controls Experience in sanction screening, Know Your Customer (KYC), document verification (IDs, bank details, company registries) Outstanding analytical and investigative skills combined with the ability to navigate through ambiguity in a fast-paced, multifaceted environment Excellent understanding of AML/KYC terminology Should have experienced in using Actimize, RDC, Fortent, Norkom, Lexis Nexis, Bridger XG, SIEBEL and Dow Jones etc Good experience in MS-Office applications like Excel, Word, Power point, Outlook etc.
