Regulatory Compliance Analyst

 About The Role  

Skill required: KYC Screening - Know Your Customer (KYC)

Designation: Regulatory Compliance Analyst

Qualifications:Any Graduation

Years of Experience:3 to 5 years
What would you do? Help clients transform their compliance function from reactive to proactive through an intelligent compliance operating model powered by data, intelligent technologies and talentLooking for someone with AML and Fraud mgmt experience.Understand & implement laws, and regulations designed to stop the practice of generating income through illegal actions during transfer of funds. Anti Money Laundering law covers limited number of transactions and criminal behaviors to prevent terrorist financing and money laundering and compliance programs, including know-your-customer (KYC) rules. Strong coping, emotional resilience, and stress-management skills Excellent comprehension and communication Ability to perform duties objectively, devoid of inherent biases or personal beliefs, in the best interest of client policies Strong attention to detail Comfort synthesizing and analyzing information from multiple streams Strong critical thinking and decision-making skillsLooking for someone with KYC experience along with ECDD/OCDD knowledgeBusiness and regulatory requirements, governance, operating model, process and system controls to verify the identity, suitability, and risks involved with onboarding and/or maintaining a business / customer relationship. Business and regulatory requirements, governance, operating model, process and system controls to verify the identity, suitability, and risks involved with onboarding and/or maintaining a business / customer relationship. This includes driving customer identification, customer due diligence & enhanced due diligence.
What are we looking for? Ability to understand Complex Regulatory and Compliance requirements within the retail banking space.Transaction Monitoring experience and good knowledge of financial crime compliance within the global banking sectorAnalytically sound to guide the analysts to take decisions on whether an alert should be escalated for further investigation or close if further review is not warranted.Sound knowledge required in Banking Laws and requirements like BSA/AML/KYCAbility to understand Complex legal entities and transactions between similar counterparties and be able to judge whether the transaction is suspicious.Experience of working on systems like Actimize, Lexis Nexis, Adverse Media interpretationKnowledge of banking products like Insurance, Annuities, Mortgages, loans, credit cards etc.Knowledge of regulations like banking secrecy act, USA Patriot Act, OFAC regulations, FinCEN (financial crimes enforcement network) etc.Knowledge of sanctions, SARs (suspicious activity reports), CTRs (currency transaction reports) etc.Knowledge of high-risk countries, businesses, PEPs (politically exposed persons) etc.Advanced Proficiency required in English Language to create disposition narratives.Perform assignments/deals/tasks of high complexity and resolving queries.Basic domain knowledge about US Bank Regulatory challenges in transaction monitoring & subsequent risk management

Roles and Responsibilities: In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts
 Qualification Any Graduation