KYC Analyst

Job Description

The PKR RHOB team is primarily responsible for assessing the red flags such as PEP, Negative News, Sanctions, High risk industry exposure etc. identified during the review. The team is also responsible to address the queries and provide guidance to the reviews teams in line with UBS IB Group AML & KYC policy. This team collaborate between 1LoD and 2LoD to assess the appropriate risk for clients where relevant and assist the teams to close the reviews within agreed SLAs. Responsibilities: Business Deliverables Review the issues escalated by the 1LoD and provide assessment in accordance with regulatory requirements and internal policies, ensuring high-quality standards are consistently met and timelines adhered. Collaborate with stakeholders from the business, Operations, Compliance and client services in different locations Take risk based decisions consistent with client identification policy Provide guidance and support to KYC analysts as needed, including training on KYC processes and procedures Assessment of AML/Financial Crimes risks associated with well-known financial institutions, audit firms and fund administrators. Assist Financial Crime Prevention team and Global PEP Unit by providing up-to-date information on IB Global PEPs Communicating/escalating issues to management where applicable Obtaining clarifications from 2LoD on interpretation issues or gaps identified in CIP Manage multiple deadlines in a fast-paced environment Collaborate with 1LOD and 2LOD sampling teams and ensure the issues are closed in a timely manner Allocation, tracking and delivery of escalations and associated root cause assessments Preparation and presentation of RHOB overview and updates to the Senior Management and Global risk forums Assist Management with required data inputs or analysis during Audits Delivery of Risk awareness and other risk related trainings to Global PKR teams Delivery of action items in Risk lead absence Meet firm wide quality standards Collaborate with Relationship Managers, Compliance Officers, and other stakeholders to address any discrepancies or issues in KYC documentation Youll be working in the KYC RHOB team in Hyderabad. Client Lifecycle Services provides a shared service across Investment Banking Operations globally covering KYC reviews, offboarding and maintenance. The Periodic KYC Review process consist of executing client periodic reviews including interactions with business, clients and financial crime. The PKR (Periodic KYC Review) process assesses KYC/AML checks including risk rating, monitoring of negative news, background checks, sanctions and PEPs, throughout the client s lifecycle at UBS. Diversity helps us grow, together. That s why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients. Total experience of 2-6 years in a similar role. Prior knowledge of KYC Reviews and Quality checks (including acting as an SME) in Commercial Banking, Investment Banking, Global Banking & Markets and Operational Risk and control is desirable. Strong AML-KYC regulatory and Financial Crime knowledge Outstanding research & analytical problem-solving skills, eye to detail on all aspects of the process Ability to apply risk lens while undertaking process activities Ability to work on multiple Audit deadlines while maintaining 100% accuracy with attention to detail Good communication skill (written & verbal) and ability to engage internal and external stakeholders globally Prior experience on screening tools such as RDC, world check etc. preferable.