KYC Executive

This job is provided by apna.co Fill the google forms to apply for job _ https://docs.google.com/forms/d/e/1FAIpQLSfbb1T5ntnqCt62-V5lS0FkblzQGo5PpeqeuJbVYxgXBdRNeA/viewform?usp=headerAs a KYC (Know Your Customer) Intern, you will support the compliance team in carrying out KYC procedures, client due diligence, and regulatory reporting. This internship provides an excellent opportunity to gain practical experience in financial compliance, anti-money laundering (AML), and risk management practices, while contributing to the security and integrity of the organization's operations. whatsapp only 9353391017

KYC/Client Due Diligence (CDD) Support

Assist in the review and verification of customer identification documents, such as passports, utility bills, and bank statements.Help update and maintain KYC profiles for new and existing clients in accordance with internal policies and regulatory requirements.Perform basic due diligence checks on customers, including screening against sanctions lists, politically exposed persons (PEPs), and adverse media.Support the documentation process for customer onboarding and periodic reviews.

AML & Risk Assessment

Assist in identifying potential risks related to money laundering, fraud, or terrorist financing by conducting initial screenings and assessments.Help with the preparation of risk profiles for clients and assist in escalating high-risk cases to senior team members.Support the ongoing monitoring of customer accounts for suspicious transactions.

Regulatory Compliance

Help ensure compliance with local and international regulations, including the Financial Action Task Force (FATF) guidelines, Anti-Money Laundering (AML) laws, and the European Union's 4th and 5th Anti-Money Laundering Directives (AMLD).Assist with ensuring that client information is up to date and meets regulatory requirements for both onboarding and periodic reviews.Track and support the preparation of KYC/AML reports for regulatory bodies.

Document & Data Management

Assist in organizing and maintaining KYC files, ensuring that all documentation is complete, accurate, and easily accessible.Help with managing records of completed KYC checks and other compliance documents in a secure and confidential manner.Assist with data entry and updating of information into the KYC system or database.

Investigations & Escalations

Support the team in investigating suspicious or flagged accounts or transactions, including gathering necessary documentation and preparing reports.Escalate potential issues and findings to the appropriate team members or managers for further analysis or action.

Reporting & Communication

Assist with the preparation of reports, presentations, and documentation for internal and external stakeholders, including senior management.Help respond to internal inquiries about KYC processes, client status, and compliance-related issues.

Process Improvement & Support

Participate in process improvement initiatives by suggesting potential changes or improvements to the KYC/AML process.Assist in the development of internal training materials or presentations related to KYC/AML topics.Provide general administrative support as needed to the compliance team.