Regulatory Control Analyst, AS

Overview

Regulatory Control Analyst (Associate) in the AFC Centre of Excellence for KYC, supporting Corporate Bank and Investment Bank KYC escalations to AFC, with a primary focus on reviewing and approving risk factors highlighted by the Client Lifecycle Management (CLM) team as part of NCA/EDR/PRs.

What you'll do

• Review and approve client escalations for Remediation, Regular Review, New Product Extensions and Event Driven Reviews within the agreed SLAs.
• Ensure the generated client risk rating is in line with expectations and procedures.
• Assess the risk factors identified through the due diligence provided by client lifecycle management (CLM).
• Apply subject matter expertise judgment as to relevance and/or materiality of escalation triggers, so that the overall assessment can be defended.
• Engage with appropriate BLAFC specialist teams where further escalation is required, e.g., local BLAFC, AFBC, Sanctions, BIU.
• Liaise with CLM to obtain additional information, or request ACO to conduct additional research where required.
• Ensure outcome and rationale are clearly documented within the KYC systems and/or escalated for further guidance.
• Ensure that KYC reviews undertaken are in line with the KOPs guidelines and processes.
• Contribute to the wider global KYC Centre of Excellence programme, identifying best practices.
• Decide on new or existing clients that are escalated, or decide to escalate further to Governance Forums for review.
• Define and implement strategic TOM in line with local/regional/global standards and change programmes.

What you'll need

• Graduate in any stream.
• At least 8 years' experience in AFC or a related control function within an international organization/bank in the Financial Services industry, with extensive experience with the KYC process.
• Good understanding of AFC risks and typologies to identify and address areas or instances of potential AFC risks.
• Experience of relevant regulations/laws and related circulars.
• Financial Crime function expertise and to be considered a Subject Matter Expert (SME) in the Financial Crime area on relevant laws and regulations.
• Ability to identify and manage financial crime risks arising from regular reviews, event driven reviews, new client adoptions and new product extensions.
• Strong communication, organizational, and interpersonal skills, with the confidence to engage and advise professionally and persuasively with stakeholders.
• Proven analytical skills, problem solving ability, and a control mindset paired with meticulous attention to detail.
• Able to raise sensitive or potentially contentious issues in a constructive manner to reach appropriate solutions.
• Deadline driven, with the ability to multi-task and work in a fast-paced environment, handling time-sensitive projects while focusing on quality of work delivered.
• Self-motivated and proactive team player who takes ownership of assignments and works well under pressure.
• Ability to work with various stakeholders across all 1LoD and 2LoD and manage expectations without impacting quality output.
• Should be flexible with respect to work timings.
• Comfortable working on MS Office tools using Word and Excel.
• Proven ability to leverage AI tools to enhance productivity and optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Nice to have

• Degree or diploma in AML/KYC.

Details

• Location: Bangalore, India.
• Should be flexible with respect to work timings.