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KYC ANALYST || 1 to 4 Years || Noida

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Capgemini

16d ago

  • Job
    Full-time
    Junior & Mid Level
  • Legal
    Banking & Finance
  • Pune

AI generated summary

  • You should have 1-4 years of KYC experience, strong analytical skills, knowledge of AML compliance, proficiency in MS Office, and familiarity with KYC tools. Fluent English is essential.
  • You will conduct KYC research, perform account opening tasks, manage document validation, execute media alerts, meet targets, communicate with teams, and conduct OFAC screenings.

Requirements

  • Conducting Due Diligence and Know Your Customer (KYC) research for institutional & corporate clients as part of the business-wide Anti-Money Laundering (AML) Compliance remediation & refresh processes
  • Perform hands on task related to KYC and account opening (Including working with front office on information and documents, update system with relevant details, perform checks, validate & upload documents, manage pipeline for new accounts and KYC rolling review- KYC refresh)
  • Produce accurate and quality work (90-95%) under tight deadlines and minimal supervision
  • Executing and reviewing negative media alerts from client screening and escalate where necessary
  • Meeting production target volumes and dates as advised
  • Communication with the front office staff and other employees involved in the maintenance of internal control standards
  • Identify and resolve or escalate, as appropriate, any issues in relation to the onboarding process
  • Conduct Office of Foreign Assets Control (OFAC) screenings through World-Check and other similar tools to identify Politically Exposed Persons (PEPs) and heightened risk individuals and organizations
  • Fluent in English (spoken and written)
  • University graduate
  • Minimum 1-3 years related banking, compliance, audit experience with a minimum of 1-2 years specific experience relating to KYC remediation or refresh or on-boarding of clients according to relevant AML legislations
  • Strong analytical and problem-solving skills would be a significant plus
  • Good understanding of Corporate & Institutional Banking and Global Markets framework under International Financial Groups
  • Proficient in Microsoft Word, Excel, Outlook and PowerPoint
  • Well-developed interpersonal, problem-solving and influencing skills
  • Exhibit high willingness to collaborate with all levels of the organization
  • Familiarity with platforms & tools like Pega, Fenergo, Actimize, World Check, Lexis Nexis and RDC

Responsibilities

  • Conducting Due Diligence and Know Your Customer (KYC) research for institutional & corporate clients as part of the business-wide Anti-Money Laundering (AML) Compliance remediation & refresh processes
  • Perform hands on task related to KYC and account opening (Including working with front office on information and documents, update system with relevant details, perform checks, validate & upload documents, manage pipeline for new accounts and KYC rolling review- KYC refresh)
  • Produce accurate and quality work (90-95%) under tight deadlines and minimal supervision
  • Executing and reviewing negative media alerts from client screening and escalate where necessary
  • Meeting production target volumes and dates as advised
  • Communication with the front office staff and other employees involved in the maintenance of internal control standards
  • Identify and resolve or escalate, as appropriate, any issues in relation to the onboarding process
  • Conduct Office of Foreign Assets Control (OFAC) screenings through World-Check and other similar tools to identify Politically Exposed Persons (PEPs) and heightened risk individuals and organizations

FAQs

What are the primary responsibilities of a KYC Analyst in this position?

The primary responsibilities include conducting due diligence and KYC research for institutional and corporate clients, performing tasks related to KYC and account opening, executing and reviewing negative media alerts, managing the onboarding process, and conducting OFAC screenings among others.

What qualifications are needed for this role?

A university degree is required, along with a minimum of 1-3 years of related banking, compliance, audit experience, specifically 1-2 years in KYC remediation or client onboarding according to AML legislations.

What skills are essential for a KYC Analyst?

Essential skills include strong analytical and problem-solving abilities, proficiency in Microsoft Office tools, and good interpersonal skills. Familiarity with KYC-related platforms and tools is also beneficial.

Is fluency in English required for this position?

Yes, fluency in English, both spoken and written, is required for this position.

What is the work environment like?

The work environment is fast-paced and requires producing accurate and quality work under tight deadlines with minimal supervision while collaborating with various teams in the organization.

Are there opportunities for career growth in this role?

Yes, there are opportunities for career growth, especially for individuals who demonstrate strong performance and a willingness to learn and adapt within the organization.

What is the expected accuracy rate for work produced by a KYC Analyst?

The expected accuracy rate for work produced is between 90-95%.

How does the KYC Analyst interact with other employees?

The KYC Analyst communicates regularly with front office staff and other employees involved in maintaining internal control standards and resolving any onboarding issues.

What tools or platforms should a KYC Analyst be familiar with?

Familiarity with tools like Pega, Fenergo, Actimize, World Check, Lexis Nexis, and RDC is advantageous for this role.

What kind of targets must a KYC Analyst meet?

A KYC Analyst is expected to meet production target volumes and deadlines as advised by management.

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Technology
Industry
10,001+
Employees
1967
Founded Year

Mission & Purpose

Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 360,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2022 global revenues of €22 billion.