Job Description
Position Overview
[Details of the Role and how it fits into the team]
The Associate rolein KYC process focuses on client onboarding (COB) and exceptions in line with regulatory standards and jurisdictions
You will be providing regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering (AML) and Anti Financial Crime (AFC) areas and ensures any changes required are implemented with minimum disruptions.
The Associate also assists the bank's clients, managing all KYC and account opening requirements with appropriate governance and controls
They operate in an environment of strict adherence to Standard Operating procedures (SOP's) and Operation Level Agreements (OLA's) to achieve accurate and timely account opening to help execute trades
The Associate will become part of The Transaction Coordination Group within Origination & Advisory business, primarily covering for EMEA & APAC clients.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs
and above
Your key responsibilities
- Review of documentation for entities such as corporation, charities,Trust, Funds, Special Purpose Vehicles (SPV's) as per policy / jurisdiction for all KYC / CDD documentation and raising request for information/document required as per the procedure
- Review helpful ownership (BO) and key controller according policy and screen for sanctions and adverse media
- Verifying KYC documentation of the Clients to be adopted/reviewed
- Perform the risk assessment of the Client to be adopted/reviewed
- Signing off on new client adoptions and periodic reviews
- Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank's internal policies
- Make recommendation on process improvements to increase efficiency and accuracy
- Maintain awareness of regulatory updates and incorporate process and procedural changes in the due diligence review process
- Performing QC checks on file submitted by makers
- Should Possess excellent knowledge in Regulatory requirement like FATCA, MIFID
- Well versed in screening portals like Fircosoft, Worldcheck, Lexis/Nexis
Detail knowledge of PEP investigations and Sanctions news
Your skills and experience
- Minimum University Graduate
B.COM/M.COM/MBA(Finance)
- Experience in between 6-8 year max in AML/KYC, audit review and/or Periodic review , should be in back office work, compliance, investigation,
Microsoft Office, internet, and digital literacy!
- Excellent communication and comprehension
- Comfortable to work in APAC/EMEA Shift.
How we'll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information:
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views
We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation
We build talented and diverse teams to drive business results and encourage our people to develop to their full potential
Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance
We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about diversity and inclusion at Deutsche Bank
[Details of the Role and how it fits into the team]
The Associate rolein KYC process focuses on client onboarding (COB) and exceptions in line with regulatory standards and jurisdictions
You will be providing regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering (AML) and Anti Financial Crime (AFC) areas and ensures any changes required are implemented with minimum disruptions.
The Associate also assists the bank's clients, managing all KYC and account opening requirements with appropriate governance and controls
They operate in an environment of strict adherence to Standard Operating procedures (SOP's) and Operation Level Agreements (OLA's) to achieve accurate and timely account opening to help execute trades
The Associate will become part of The Transaction Coordination Group within Origination & Advisory business, primarily covering for EMEA & APAC clients.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs
and above
Your key responsibilities
- Review of documentation for entities such as corporation, charities,Trust, Funds, Special Purpose Vehicles (SPV's) as per policy / jurisdiction for all KYC / CDD documentation and raising request for information/document required as per the procedure
- Review helpful ownership (BO) and key controller according policy and screen for sanctions and adverse media
- Verifying KYC documentation of the Clients to be adopted/reviewed
- Perform the risk assessment of the Client to be adopted/reviewed
- Signing off on new client adoptions and periodic reviews
- Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank's internal policies
- Make recommendation on process improvements to increase efficiency and accuracy
- Maintain awareness of regulatory updates and incorporate process and procedural changes in the due diligence review process
- Performing QC checks on file submitted by makers
- Should Possess excellent knowledge in Regulatory requirement like FATCA, MIFID
- Well versed in screening portals like Fircosoft, Worldcheck, Lexis/Nexis
Detail knowledge of PEP investigations and Sanctions news
Your skills and experience
- Minimum University Graduate
B.COM/M.COM/MBA(Finance)
- Experience in between 6-8 year max in AML/KYC, audit review and/or Periodic review , should be in back office work, compliance, investigation,
Microsoft Office, internet, and digital literacy!
- Excellent communication and comprehension
- Comfortable to work in APAC/EMEA Shift.
How we'll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information:
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views
We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation
We build talented and diverse teams to drive business results and encourage our people to develop to their full potential
Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance
We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about diversity and inclusion at Deutsche Bank
💡 Quick Summary
Seeking a career-building opportunity? The Know Your Client |KYC| Operator | |P+47 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.
