FAQs
What is the location for the KYC Associate position?
The KYC Associate position is based in Bangalore, India.
What are the key responsibilities of a KYC Associate?
Key responsibilities include verification of client data, performing due diligence on clients, reviewing KYC documentation, conducting risk assessments, signing off on new client adoptions, and managing client adoption or periodic review streams.
What experience is required for the KYC Associate role?
A minimum of 6 years of relevant work experience in AML/KYC/compliance within corporate financial services, research/analytics roles in banks or KPOs is required.
What knowledge is necessary for this position?
Applicants should have a good understanding of AML/KYC regulations and industry guidelines, the end-to-end KYC process, and be able to interpret regulatory guidelines and assess risk scores.
What type of clients will I be working with in this role?
You will be working with a wide range of client types, including listed and regulated entities, small to large private and public companies, and more complex structures such as SPVs, cooperatives, foundations, governments, and joint ventures.
What benefits does Deutsche Bank offer to KYC Associates?
Benefits include a comprehensive leave policy, gender-neutral parental leaves, child care assistance reimbursement, flexible working arrangements, sponsorship for relevant certifications, an Employee Assistance Program, and comprehensive hospitalization and life insurance.
What kind of training can I expect in this role?
You can expect training and development opportunities to help you excel in your career, coaching and support from experts in your team, and a culture of continuous learning to aid progression.
Do KYC Associates need to manage exceptions or issues?
Yes, KYC Associates are responsible for managing exceptions and ensuring that all service level agreements (SLAs) regarding timeliness and quality are adhered to.
Is experience with compliance or investigation functions necessary for this role?
Yes, familiarity with control, compliance, and investigation functions within banking operations is important for this role.
How does Deutsche Bank promote diversity and inclusion in the workplace?
Deutsche Bank promotes a positive, fair, and inclusive work environment and welcomes applications from all people, striving for a culture where everyone feels empowered to excel together.