KYC VP / AVP

Role Overview: DIPL (erstwhile DBC), a subsidiary of Deutsche Bank based in Mumbai, India, is looking to hire a KYC VP/AVP to join their Wealth Management Centre. The role involves managing a team of KYC Analysts and ensuring efficient processing to provide a first-class client experience. The candidate will be responsible for coordinating with various stakeholders, managing relationships with senior Front Office sales officers, and delivering key performance metrics to senior business managers. Additionally, the candidate will need to have a deep understanding of AML, KYC, financial crimes, and other regulatory requirements. Key Responsibilities: - Act as the lead of 7-10+ KYC Analysts, actively involved in the KYC execution process - Provide planning and execution support for large Client Groups to ensure efficient processing - Manage relationships with senior Front Office sales officers and act as a single point of contact for queries - Coordinate with stakeholders to ensure KYC cases are on track and managed effectively - Deliver key performance metrics to senior business managers and ensure actions are followed through - Identify key issues and actively participate in their resolution to ensure client satisfaction - Guide the team on policy/process queries and ensure compliance with regulatory requirements - Conduct client data collection, due diligence, KYC verification checks, and risk categorization reviews - Review KYC files, identify gaps, prioritize cases, and liaise with Front Office and Anti Financial Crime function - Perform name screening of clients to identify politically exposed persons and mitigate risks associated with financial crimes - Escalate high priority client/business issues in a timely manner Qualification Required: - Post-graduate/graduate degree in Finance, Business, or Economics - Relevant experience in client onboarding processes/periodic KYC review - Proven track record in handling big teams and delivering under high pressure - Ability to work independently and in a team environment, prioritize tasks, and meet strict deadlines - Experience in documenting processes to comply with regulatory guidelines - Excellent communication skills, both written and verbal - Familiarity with tools such as Appway, Avaloq, Lexis Nexis, World Check - Managerial experience and experience in international markets, particularly Asia - Proven abilities in handling high volumes and manual processes Additional Company Details: DIPL in Mumbai serves as a talent pool for Deutsche Bank's Wealth Management division, offering a broad range of investment solutions for high net worth clients. Deutsche Bank Wealth Management combines financial strength with trustworthy partnership to create lasting value for clients. The company promotes a culture of continuous learning, coaching, and support to aid in career progression. (Note: The additional company details section has been included for context and completeness.),