Associate Manager - KYC & Onboarding

About PayU
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. 
As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. 
Thinking of becoming a PayUneer and you are curious to know more about us? Read more about the life in PayU here 
About the Role: 
Senior Executive – KYC and onboarding of Merchants and is associated in implementing the policies and processes ensuring compliance with the AML guidelines.

About the team:

• The department responsibilities include onboarding of Merchants as per the regulatory guidelines and against the internal negative lists maintained.

What you’ll be doing:

• Responsible for verification of data submitted by the Customer
• Perform due diligence of new and existing clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as partnership or proprietorship companies
• Verifying KYC documentation of the Customers to be onboarded as per the policies
• Perform the risk assessment of the Customers to be onboarded as per the policies
• Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and internal policies
• Manage exception ensuring that all SLA s defined with the Business on timeliness and quality are adhered

What are we looking for?

• 4+ years of relevant work experience (AML/KYC/compliance related) within corporate financial services industry, Banks / KPOs etc
• Understanding of Control, Compliance, Investigation/chasing functions
• Familiarity with RBI AML/KYC regulations and industry guidelines
• Ability to interpret regulatory guidelines and assessing risk scores and entity types
• Ability to interpreting alerts
• Ability to identifying trends and inconsistencies
• Understanding of end to end KYC process