Job Description
Job Title: KYC Analysts and Reference Data Maint
Location: Mumbai
About Barclays
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.
Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.
Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs
Hybrid Working
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time i.e., will have a start and end date.
Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
• A specialist member of the KYC team responsible for obtaining, completing and maintaining all Regulatory KYC documentation for all Clients in accordance with the Bank's guidelines and in compliance with RBI & SEBI regulations.
• To provide high value, business critical KYC and Reference data technical support to the Front Office
• To liaise directly with our Front office, to gather KYC information, Client reference data, Internet banking Set-up and maintaining a professional manner and delivering excellent client service while managing potentially sensitive client information.
• Liaising with Business and vendors for post account opening activities
• Analysing and advising on the risk presented by various risk categories customers.
• Facilitating any inputs from Compliance and Financial Crime on queries raised on new and existing clients.
• Review of KYC documentation in line with RBI and Barclays guidelines and OnBoarding clients onto the Bank’s client OnBoarding platform.
• Setting up internet banking profiles for client
• Submissions of various regulatory returns
What will you be doing?
• Provide guidance and education to the Reference data team (Accounts Maintenances)
• Strong time management skills to complete complex, business critical tasks within pressured timescales – ensuring the KYC Team / Reference Data Team meets all target SLA’s, and providing a quick and efficient service to Clients.
• Ensure compliance with the policy and standards of client service, regulatory compliance requirements, front office procedures, AML/KYC requirements, product delivery and operating model.
• Take responsibility for maintaining a high standard of accurate, up-to date client information during all stages of the Client relationship
• Strong problem solving and team working skills to resolve complex, high-priority cases, while ensuring the Bank’s regulatory requirements are always met.
• Strong communication skills to interact professionally and, supporting the Relationship Team in delivering excellent Client service.
• High level of attention to detail to complete tasks ‘right first time’ targets are met for all tasks.
• Analysing structures for customers and perform Adhoc reviews for prospective customers.
• Assist in the management of the enhanced due diligence requests.
• Preparing and circulating various MIS to stakeholders, follow-up for resolution of any deviations/deferrals.
What we’re looking for:
• The ideal candidate will be naturally positive and self-motivated.
• The successful candidate will thrive in an environment where they can use their initiative to reach both personal and professional goals, and demonstrate interest in financial markets.
• The right candidate will also have the ability to clearly present complex information both written and orally, as well as possess the strong aptitude for problem solving using a rational approach, and ability to prioritise, organise and multi-task with ease.
• The ideal candidate should be adaptable to working under pressure with a heavy workload
Skills that will help you in the role:
• KYC Analyst experience, ideal with compliance understanding
• Proven experience in an Operations role with experience in Banking
• 3-4 years of relevant work experience with KYC, Accounts Maintenances and AML related function, policy and procedures would be advantageous.
• Good knowledge and understanding of the legislation that affects Barclays and our Clients (including RBI KYC Guidelines, the Data Protection Act, Companies Act, Financial Services Act, Money Laundering and confidentiality regulations).
• Graduate in any discipline.
Desirable skills/Preferred Qualifications:
• In-depth knowledge of RBI KYC policy and processes .
• Post Graduate and any specific courses done in KYC / Risk and Control etc.
• Knowledge of both Barclays’ KYC policy and processes, as evidenced by KYC accreditation.
Prior experience and knowledge of MS Office with knowledge of Excel, Word, Power Point would also be valuable
Where will you be working?
Mumbai
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done
Location: Mumbai
About Barclays
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.
Risk and Control Objective
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.
Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs
Hybrid Working
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time i.e., will have a start and end date.
Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
• A specialist member of the KYC team responsible for obtaining, completing and maintaining all Regulatory KYC documentation for all Clients in accordance with the Bank's guidelines and in compliance with RBI & SEBI regulations.
• To provide high value, business critical KYC and Reference data technical support to the Front Office
• To liaise directly with our Front office, to gather KYC information, Client reference data, Internet banking Set-up and maintaining a professional manner and delivering excellent client service while managing potentially sensitive client information.
• Liaising with Business and vendors for post account opening activities
• Analysing and advising on the risk presented by various risk categories customers.
• Facilitating any inputs from Compliance and Financial Crime on queries raised on new and existing clients.
• Review of KYC documentation in line with RBI and Barclays guidelines and OnBoarding clients onto the Bank’s client OnBoarding platform.
• Setting up internet banking profiles for client
• Submissions of various regulatory returns
What will you be doing?
• Provide guidance and education to the Reference data team (Accounts Maintenances)
• Strong time management skills to complete complex, business critical tasks within pressured timescales – ensuring the KYC Team / Reference Data Team meets all target SLA’s, and providing a quick and efficient service to Clients.
• Ensure compliance with the policy and standards of client service, regulatory compliance requirements, front office procedures, AML/KYC requirements, product delivery and operating model.
• Take responsibility for maintaining a high standard of accurate, up-to date client information during all stages of the Client relationship
• Strong problem solving and team working skills to resolve complex, high-priority cases, while ensuring the Bank’s regulatory requirements are always met.
• Strong communication skills to interact professionally and, supporting the Relationship Team in delivering excellent Client service.
• High level of attention to detail to complete tasks ‘right first time’ targets are met for all tasks.
• Analysing structures for customers and perform Adhoc reviews for prospective customers.
• Assist in the management of the enhanced due diligence requests.
• Preparing and circulating various MIS to stakeholders, follow-up for resolution of any deviations/deferrals.
What we’re looking for:
• The ideal candidate will be naturally positive and self-motivated.
• The successful candidate will thrive in an environment where they can use their initiative to reach both personal and professional goals, and demonstrate interest in financial markets.
• The right candidate will also have the ability to clearly present complex information both written and orally, as well as possess the strong aptitude for problem solving using a rational approach, and ability to prioritise, organise and multi-task with ease.
• The ideal candidate should be adaptable to working under pressure with a heavy workload
Skills that will help you in the role:
• KYC Analyst experience, ideal with compliance understanding
• Proven experience in an Operations role with experience in Banking
• 3-4 years of relevant work experience with KYC, Accounts Maintenances and AML related function, policy and procedures would be advantageous.
• Good knowledge and understanding of the legislation that affects Barclays and our Clients (including RBI KYC Guidelines, the Data Protection Act, Companies Act, Financial Services Act, Money Laundering and confidentiality regulations).
• Graduate in any discipline.
Desirable skills/Preferred Qualifications:
• In-depth knowledge of RBI KYC policy and processes .
• Post Graduate and any specific courses done in KYC / Risk and Control etc.
• Knowledge of both Barclays’ KYC policy and processes, as evidenced by KYC accreditation.
Prior experience and knowledge of MS Office with knowledge of Excel, Word, Power Point would also be valuable
Where will you be working?
Mumbai
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.
Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done
💡 Quick Summary
Seeking a career-building opportunity? The KYC Analysts and Reference Data Maint position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
