About the Team: The department responsibilities include onboarding of Merchants as per the regulatory guidelines and against the internal negative lists maintained.
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.
Responsibilities:
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
Requirements:
2-5+ 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
