Job Description
Full Job Description
Who we are looking for:
Looking for AML KYC professional who understand and can provide end-to-end support to perform KYC to comply with Regulatory Requirements (i) SEC (Securities and Exchange Commission) requirements and (ii) investment guidelines stated in the Prospectus/Statement of Additional Information (SAI).
Why this role is important to us:
The team provides a Customer Due Diligence (CDD) service to State Street business unites utilizing the KYC Share Services. The department is tasked with verifying the identity of customers of State Street business units, risk profiling those customers from a money-laundering perspective completing money-laundering risk reviews and providing KPI and KRI reporting to Compliance and the businesses -CDD must be completed in accordance with State Street Anti-Money Laundering Compliance policies and process. CDD is completed on all clients, customers and accounts and sub-accounts (collectively “Customers”) of State Street. This is a permanent position within the department in Bangalore.
What you will be responsible for:
Graduate and above preferably in Finance
Overall experience of 2 years or minimum of 18 months as Associate 1 in State Street
Ability to perform KYC reviews on all entity types
Should have good knowledge on Search engines such as world check, Prime
Ability to analyze complex ownership structures to determine risk exposure and applicable KYC/AML requirements
Ability to perform effectively to strict deadlines
Additional skills in reporting/work allocation and other metrics data would add value
Teamwork and collaboration skills: ability to work effectively with others to enhance team efficiency and quality outcomes.
Must have percentage of quality min of ++%.
Ability to communicate confidently, efficiently and clearly in both written and verbal forms
Should be flexible with shifts (including night shifts if required)
What we value:
These skills will help you succeed in this role:
Good knowledge of AML and KYC regulations like FATF, FATCA, Bank Secrecy Act etc.
Strong communication, interpersonal, organizational, and time management skills
Ability to analyze investment guidelines and policies to determine testing requirements
Excellent communication, organization, interpersonal planning, and analytical skills
Deadline and detail oriented
Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
Shift Timing : Flexible
Work Location : Bangalore
Education & Preferred Qualifications:
Graduate and above preferably in Finance
Hands on experience on complete KYC process
Secondary Skills (Good to Have)
Any Certificate on AML fields like ACAMS, ICA etc.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, ****** orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Who we are looking for:
Looking for AML KYC professional who understand and can provide end-to-end support to perform KYC to comply with Regulatory Requirements (i) SEC (Securities and Exchange Commission) requirements and (ii) investment guidelines stated in the Prospectus/Statement of Additional Information (SAI).
Why this role is important to us:
The team provides a Customer Due Diligence (CDD) service to State Street business unites utilizing the KYC Share Services. The department is tasked with verifying the identity of customers of State Street business units, risk profiling those customers from a money-laundering perspective completing money-laundering risk reviews and providing KPI and KRI reporting to Compliance and the businesses -CDD must be completed in accordance with State Street Anti-Money Laundering Compliance policies and process. CDD is completed on all clients, customers and accounts and sub-accounts (collectively “Customers”) of State Street. This is a permanent position within the department in Bangalore.
What you will be responsible for:
Graduate and above preferably in Finance
Overall experience of 2 years or minimum of 18 months as Associate 1 in State Street
Ability to perform KYC reviews on all entity types
Should have good knowledge on Search engines such as world check, Prime
Ability to analyze complex ownership structures to determine risk exposure and applicable KYC/AML requirements
Ability to perform effectively to strict deadlines
Additional skills in reporting/work allocation and other metrics data would add value
Teamwork and collaboration skills: ability to work effectively with others to enhance team efficiency and quality outcomes.
Must have percentage of quality min of ++%.
Ability to communicate confidently, efficiently and clearly in both written and verbal forms
Should be flexible with shifts (including night shifts if required)
What we value:
These skills will help you succeed in this role:
Good knowledge of AML and KYC regulations like FATF, FATCA, Bank Secrecy Act etc.
Strong communication, interpersonal, organizational, and time management skills
Ability to analyze investment guidelines and policies to determine testing requirements
Excellent communication, organization, interpersonal planning, and analytical skills
Deadline and detail oriented
Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
Shift Timing : Flexible
Work Location : Bangalore
Education & Preferred Qualifications:
Graduate and above preferably in Finance
Hands on experience on complete KYC process
Secondary Skills (Good to Have)
Any Certificate on AML fields like ACAMS, ICA etc.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, ****** orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
💡 Quick Summary
Seeking a career-building opportunity? The Anti|Money Laundering| Assc2 position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
