KYC Executive - Wholesale Lending

Reporting to:

Key Responsibilities

• Perform KYC due diligence for new and existing clients covering different types of clients /counterparties including Companies, Banks, MFs, FPIs and other Regulated entities, HNI / UHNI Individuals, Trusts, AIF, SPVs related to Loans / Lending & Treasury transactions.
• Verify and review client KYC documents and information in accordance with the internal KYC /AML policy
• Assessment of client’s risk level / category in accordance with the internal KYC / AML policy
• Perform AML screening / Sanctions screening to identify adverse news / hits, politically exposed persons and high-risk clients
• Manage the entire onboarding / off-boarding process including creation, activation and de-activation of client accounts in the internal system
• Compliance with CKYCR requirements related to download and upload of client
• Credit score checks of clients – borrowers, directors, and security providers for loans / lending transactions
• Tracking and follow up for non-financial covenants for loans / lending transactions
• Collaborate with Business, Compliance and Operations teams to resolve KYC related issues
• Communication with clients regarding their documentation and onboarding status
• Monitor and implement changes in KYC / AML regulations and internal policies to ensure on-going compliance
• Managing and maintaining client documentation and records
  

Qualifications And Core Competencies

• Graduate/Postgraduate in any field preferably finance
• 3 to 5 years for experience in handing KYC and client onboarding function / processes in Non - Banking Finance Companies (NBFC) or Banks
• Basic understanding of processes related to Corporate Loans business in a NBFC or Bank would be an advantage
• Strong understanding of end-to-end KYC and onboarding process
• Good understanding of RBI KYC regulations / guidelines and CKYCR regulations
• Familiarity with relevant systems and tools used for KYC and client onboarding processes
• Meticulous attention to details is crucial for reviewing documents and ensuring accuracy
• Good verbal and written communication skills for interacting with client and internal teams
• Ability to work effectively both independently and as part of an independent team