Senior Associate
Genpact
Bangalore Urban, Karnataka, India
Responsibilities: • Review of documentation for entities such as corporation, charities, individuals as per policy / jurisdiction for all KYC / CDD documentation and raising request for information/document required as per the procedure • Conduct due diligence and highlight procedural requirements if there is any defect • Review helpful ownership (BO) and key controller according policy and screen for sanctions and adverse media • Complete review in a timely and efficient manner • Make recommendation on process improvements to increase efficiency and accuracy • Maintain awareness of regulatory updates and incorporate process and procedural changes in the due diligence review process • Interpret evidence from multiple tools and systems to resolve legitimacy of customer behavior across multiple products • Assist with monitoring and tracking incidents to ensure resolution occurs within the customer Service Level Agreement • Tackle routine problems, largely through precedent and referral to general guidelines Qualifications Minimum qualifications • University graduate • Experience should be in back office work, compliance, investigation, AML/KYC, audit review and/or account review • Microsoft Office, internet, and digital literacy! • Excellent communication and comprehension • Critical thinking Preferred qualifications • Experience in AML and KYC in the customer due diligence, enhanced due diligence and Know your Customer space for Fintech/e-commerce • AML investigatory experience and analytical skills • Periodical review of KYC records as to completeness, including verifying that due diligence has been performed • Client on boarding checks, verifying external regulatory and registry websites for their legal active status. • Understanding of different entity types and ownership structure including but no limited to – Charities, PIV, SPV, Banks & Financial Institute, Private and Public companies (listed / non listed) and CIS • Ability to conduct detailed investigation in Adverse / Negative Media and Transaction Surveillance / Monitoring • Ability to independently research, analyze, and recommend solutions to close open items and discrepancies • Knowledge of AML/KYC controls including front-end systems, applications, data sources, and back end controls • Experience in sanction screening, Know Your Customer (KYC), document verification (IDs, bank details, company registries) • Outstanding analytical and investigative skills combined with the ability to navigate through ambiguity in a fast-paced, multifaceted environment • Excellent understanding of AML/KYC terminology • Should have experienced in using Actimize, RDC, Fortent, Norkom, Lexis Nexis, Bridger XG, SIEBEL and Dow Jones etc! • Good experience in MS-Office applications like Excel, Word, Power point, Outlook etc.