Logo of Huzzle

KYC Refresh SME

image

Barclays

11d ago

  • Job
    Full-time
    Junior & Mid Level
  • Consulting
    Banking & Finance
  • Chennai

AI generated summary

  • You should have 2-4 years of KYC experience, knowledge of E2E KYC, CDD, EDD for various entities, basics of financial crime, and strong English proficiency.
  • You will handle KYC processing, collaborate with clients and teams, identify improvements, develop procedures, create reports, and participate in projects to enhance Wholesale Onboarding efficiency.

Requirements

  • Minimum 2 – 4 years of KYC experience
  • Good knowledge of KYC
  • End-to-end KYC (E2E KYC), CDD and EDD, entity types like Corporates, Fund, trust, SPV and FI. Client onboarding, periodic reviews, renewals/refresh, remediation etc.
  • Basics of Financial crime
  • Proficiency in spoken and written English is a must.

Responsibilities

  • Support with day-to-day Wholesale Onboarding initiatives including KYC processing, reviewing (which can include Quality Checking), reporting, trading and issue resolution.
  • Collaboration and engagement with clients/front office to gather Customer Due Diligence information/evidence in order to onboard or refresh a clients KYC in line with documented policy.
  • Collaboration with teams across the bank to align and integrate Wholesale Onboarding processes.
  • Identification of areas for improvement and providing recommendations for change in Wholesale Onboarding processes.
  • Development and implementation of Wholesale Onboarding procedures and controls to mitigate risks and maintain operational efficiency.
  • Development of reports and presentations on Wholesale Onboarding performance and communicate findings to internal senior stakeholders.
  • Identification of industry trends and developments to implement best practice in Wholesale Onboarding.
  • Participation in projects and initiatives to improve Wholesale Onboarding efficiency and effectiveness.

FAQs

What is the minimum experience required for the KYC Refresh SME role?

A minimum of 2 – 4 years of KYC experience is required.

What key knowledge areas are essential for this position?

A good knowledge of KYC processes, including end-to-end KYC, CDD, EDD, and familiarity with various entity types such as Corporates, Funds, Trusts, SPVs, and FIs is essential.

What language proficiency is required for the role?

Proficiency in spoken and written English is a must.

What are the primary responsibilities of the KYC Refresh SME?

Responsibilities include supporting day-to-day Wholesale Onboarding initiatives, collaborating with clients and teams across the bank for KYC processing and reviews, identifying areas for improvement, developing procedures and controls, and generating reports on performance.

What type of collaboration is expected in this role?

Collaboration with clients and the front office to gather Customer Due Diligence information, as well as teamwork with various departments across the bank to integrate Wholesale Onboarding processes, is expected.

What kind of improvements is the KYC Refresh SME expected to contribute to?

They are expected to identify areas for improvement and provide recommendations for changes in Wholesale Onboarding processes.

How does this role involve risk management?

The role involves taking responsibility for managing risk, strengthening controls, and ensuring compliance with relevant regulations and policies in the operational processing activities.

Will there be opportunities to participate in projects?

Yes, participation in projects and initiatives aimed at improving Wholesale Onboarding efficiency and effectiveness is a key part of the role.

What are the expected values and mindset for candidates in this role?

Candidates are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset to Empower, Challenge, and Drive.

Will the KYC Refresh SME interact with stakeholders outside the immediate team?

Yes, the KYC Refresh SME will act as a contact point for stakeholders outside of the immediate function and is expected to build a network of contacts both inside and outside the organization.

Finance
Industry
10,001+
Employees
1690
Founded Year

Mission & Purpose

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.