Administrator/Analyst

Overview

Undertake KYC reviews for branches based out of APAC, working under MGS leadership to complete reviews within the required SLA.

What you'll do

• Produce KYC profiles to the highest quality standard in line with the latest policies and procedures, keeping up to date with procedural and policy changes across all streams.
• Obtain and update all missing client documentation from clients, with the help of RMs.
• Research and analyze large amounts of data and assess higher risk attributes (geographical, product/service, entity/industry type, transactional, etc.).
• Coordinate with Front, Middle and Back Office staff to obtain required information and documentation related to KYC requirements.
• Follow up on client profiles in line with the latest escalation matrix and ensure all levels of sign-off are in line with the latest ID matrix.
• Send profiles for audit after receiving all information, within the defined standard timelines.
• Interface with Compliance, Sanctions and Relationship Managers where applicable, especially on escalation of pending and ageing profiles.
• Interpret complex changes in regulatory guidelines and assess their impact.
• Meet the set productivity and quality targets month on month, and ensure KRI, relevant KPI and expected objectives and deliverables are met within the stipulated timeframe.

What you'll need

• Bachelor's degree in any stream.
• Minimum 3 years' experience (for Analyst) in AML Compliance and KYC, preferably within the financial services industry, with experience conducting KYC on corporates and other institutions.
• Excellent understanding of KYC, financial regulatory environment, global banking regulations and AML risk implications (Oceania: Australia and New Zealand).
• Thorough understanding of legal structures of various client types: financial institutions, corporate, NBFI, trusts, public/government FIs, private companies, funds, SPVs etc.
• Proven skill in analysing implications of mergers and acquisitions on legal identities and ownership structures of corporates, FIs and funds.
• Experience with AML/KYC tools such as SWIFT KYC Registry, Factiva, Bankers Almanac, RDC, Internet Research, Fenergo, etc.
• Experience supporting the HK region.
• Experience reviewing comprehensive documents such as complex ownership structures, Wolfsberg Questionnaires, and organizational documents such as MOA/AOA and COI.
• Strong working knowledge of AML/Sanctions laws and regulations relative to money laundering and terrorist financing, and the ability to apply it in assessing transaction activity and customer profiles.
• Attention to detail is essential; detailed technical knowledge of various client types and their structure.
• Excellent written and verbal communication skills, strong team player, and demonstrated experience establishing credibility to build influential relationships with stakeholders to identify gaps and improvements within the KYC process.
• Ability to multi-task, adapt to changing priorities, prioritize workflow to meet critical deadlines, and work in a fast-paced, demanding environment under pressure.
• Mature approach with excellent influential communication skills.
• Ability to work both independently and in a team, and maintain effective working relationships with key business partners.
• Effective internet and research skills and use of third-party tools.

Nice to have

• Any certification or diploma in the AML/KYC domain.
• Critical thinking and problem-solving skills.
• Familiarity with Actimize and other financial crime, risk and compliance applications.
• Good knowledge of Microsoft Excel and Word.

Details

• Location: Bengaluru Branch, India.