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Associate, Anti Money Laundering/Prevention/KYC Representative II

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BNY Mellon

1mo ago

  • Job
    Full-time
    Senior Level
  • Legal
    Banking & Finance
  • Chennai

AI generated summary

  • You need 6-8 years of AML/KYC experience and a high school diploma or equivalent; a postgraduate degree is a must.
  • You will prepare risk profiles for complex clients, conduct reviews, engage with stakeholders, escalate flagged profiles, and guide junior staff while overseeing daily team activities.

Requirements

  • 6-8 years of AML/KYC work experience required.
  • High school/secondary school or the equivalent combination of education and experience is required; Post Graduate degree is Must.

Responsibilities

  • Prepares in-depth, detailed risk profiles for complex clients and conducts periodic reviews of client profiles for renewal. May serve in a team lead role for AML/KYC/Prevention support staff. Directs daily work of team.
  • Populates risk profiles for clients that have global requirements. Gathers additional information from independent research, online tools or directly from the relationship manager or client. Performs due diligence to ensure accuracy of information. Reviews profiles for renewal process and reviews work of others.
  • Uses strong communication skills to engage in challenging conversations with internal stakeholders and complex external clients to support an accurate data-gathering process and resolve any open issues.
  • Reviews a variety of profiles that have been flagged and escalated for additional review through QSS real time scans or escalated OFAC Sanctions alerts received on transactional reviews.
  • Provides guidance to less experienced AML/KYC/Prevention support staff. Allocates work appropriately, as needed.

FAQs

What is the role of an Associate, Anti Money Laundering/Prevention/KYC Representative II?

The role involves preparing detailed risk profiles for complex clients, conducting periodic reviews, directing daily work of team members, and engaging in discussions with internal stakeholders to support accurate data-gathering.

What are the experience requirements for this position?

The position requires 6-8 years of AML/KYC work experience.

What is the educational qualification required for this role?

A high school/secondary school diploma or equivalent combination of education and experience is required; a Post Graduate degree is a must.

Where is this position located?

This position is located in Pune and follows a hybrid work model.

What kind of benefits does BNY offer its employees?

BNY offers competitive compensation, benefits, well-being programs, generous paid leaves, including paid volunteer time, and resources for personal and financial goals.

Does BNY Mellon have a commitment to diversity and inclusion?

Yes, BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer and is committed to fostering an inclusive workplace for underrepresented groups.

What skills are important for success in this role?

Strong communication skills are important for engaging with stakeholders and resolving issues, as well as the ability to conduct thorough due diligence and manage risk profiles effectively.

Will I have the opportunity to guide less experienced team members in this role?

Yes, the role involves providing guidance to less experienced AML/KYC/Prevention support staff and allocating work as needed.

What awards has BNY Mellon received for its workplace culture?

BNY Mellon has been recognized as America’s Most Innovative Companies, listed among the World’s Most Admired Companies, and received a 100% score on the Human Rights Campaign Foundation's Corporate Equality Index, among other accolades.

How does BNY Mellon support employee health and well-being?

BNY Mellon provides access to flexible global resources and tools focused on health, personal resilience, and financial goals, alongside generous leave policies.

Consider Everything

Finance
Industry
10,001+
Employees
1784
Founded Year

Mission & Purpose

Established in 1784, BNY Mellon is America’s oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $46.9 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of June 30, 2023. BNY Mellon has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.