Analyst- DMT Operations

Overview

Support Private Bank India with day-to-day operational processing, reviewing, reporting and issue resolution, covering client account onboarding, KYC and regulatory requirements, static data modifications, account closures and BAU activities across back-office and regulatory systems.

What you'll do

• Support day-to-day Private Bank and Wealth Management initiatives including processing, reviewing, reporting and issue resolution with regards to accounts, products and services.
• Support onboarding of client accounts with Barclays Securities India Private Limited across various back-office and regulatory systems.
• Perform client KRA and CKYC activities within regulatory SLAs, ensuring submissions are successfully uploaded and registered.
• Support static data modifications and account closures across relevant back-office and regulatory systems.
• Deliver BAU activities within agreed SLAs and established controls, minimizing operational errors and audit observations.
• Support internal, concurrent and regulatory audits and ensure process documentation is updated in line with the latest regulatory circulars.
• Support the management of the bank's client relations to clearly identify needs and provide a service that meets expectations.
• Work closely with internal and external stakeholders to ensure client accounts and portfolios are maintained accurately and kept up to date.
• Collaborate with teams across the bank to align and integrate Private Bank and Wealth Management processes.
• Collaborate with IT teams to ensure operational requirements are supported by back-office systems and perform system testing where required.
• Identify areas for improvement and provide recommendations for change in Private Bank and Wealth Management processes.
• Develop and implement Private Bank and Wealth Management procedures and controls to mitigate risks and maintain operational efficiency.
• Develop reports and presentations on Private Bank and Wealth Management performance and communicate findings to internal senior stakeholders.
• Build effective working relationships with Front Office teams, internal colleagues and external auditors.
• Ensure all activities are carried out in compliance with applicable regulatory requirements, the Enterprise-Wide Risk Management Framework and internal policies and standards.

What you'll need

• Graduate or postgraduate qualification in any discipline, with relevant experience in KYC and AML.
• Strong understanding of Know Your Client (KYC), KRA, CKYC and PMLA guidelines.
• Good understanding of control environments and risk management principles.
• Strong business skills, including solution delivery, decision-making and problem-solving.
• Excellent written and verbal communication skills in English, with the ability to communicate and influence stakeholders across different levels of the business.
• Strong interpersonal and collaboration skills, with the ability to work effectively with multiple stakeholders.

Nice to have

• Previous experience in opening Investment, Broking, Portfolio Management Services (PMS) and Demat accounts.
• Good understanding of RBI and SEBI regulations relating to client KYC and onboarding.
• Previous experience supporting onboarding teams within Private Banking or Wealth Management.
• Experience working with back-office and regulatory systems within financial services.

Details

• Job location is Mumbai.