Job Description
The CCB KYC Operation is an AML/KYC support and control function within the ISG O&T group responsible for the due diligence and approval of the KYC Record and associated documentation in partnership with Relationship Management and Compliance.
The candidate will have a direct responsibility to conduct research for company information from both internal and external sources, documenting specifics required to satisfy regulations. There are differing requirements depending on where the account is being opened. There is a constant need for KYC Record review as there are periodic renewals of the required due diligence carried out based on the risk of the client.
The BSU owns the end to end KYC process from creation/renewal to approval of the KYC Record and supporting local country appendices
.
Key Responsibilities:
Create the KYC Record in the KYC system sourcing information from internal and external sources by the agreed deadline
Proactively interact with relationship management teams and compliance to update system with information until final approval of KYC Record
Review information from internal and external sources for company news (Firm website, Regulatory websites, Company website, Dun & Bradstreet, Google etc.)
Validate the information within the KYC Record and CIP document to ensure completeness and accurate (Company/Entity Formation documents, Ownership, Management, etc.)
Complete KYC Record incorporating local regulatory requirements / Global BSU Standards and policies
Take responsibility for KYC Record and associated documentation completion from initiation to approval
Maintain BSU tool current and be able to demonstrate work carried out
Report workflow progress to supervisor
Ensure KYC workflow tool is kept up to date, ensuring all mandatory fields, status and commentary reflect an accurate representation of the status at all times
Meet agreed daily targets for KYC Record review and completion within agreed Service Level Agreement timeframes
Update workflow database regularly throughout the day
Highlight any discrepancies to Senior Case Managers, Control Team and Section Managers
Escalate any negative news and high-risk cases to RM/PAM/AML Compliance department
Assist in departmental projects as required
Communication / Reporting
Manage upward communication – Huddle updates, escalations, issues/ concerns etc.
Track and report time log (CMs and Case Researcher) on a daily basis
Monitor operational metrics required for management level reporting
Accurate time tracking in the PTS system
Knowledge/Experience:
2-4 years’ experience in banking, finance, or law
Experience in control/risk or Compliance (AML/KYC) function (an advantage)
Knowledge and experience of the technologies and processes used in Citi (an advantage)
Knowledge of European Union regulatory KYC/AML requirements
Flexible enough to work as per Business timings.
ACAMS certified (an advantage)
Qualifications:
University degree preferably in Business/Finance, Math, Economics, Engineering, Optimization, or Law
Skills:
Strong Negotiations skills
Proficient use of Microsoft Applications (Word, Excel, Access, PPT)
Excellent written and verbal communication skills.
Other languages an advantage like French/German/Arabic
Proficient use of Citi KYC applications (an advantage)
Customer Services orientated
Ability to develop strong professional relationships
Strong research skills
Accuracy and strong attention to detail
Ability to multitask and prioritize
Ability to work well under pressure and tight time frames
MIS and metrics and efficiency analysis skills
Pro-active, flexible, have good organizational skills and must be team player.
Ability to work in a dynamic environment.
-
Job Family Group:
Compliance and Control
-
Job Family:
Business KYC
-
Time Type:
Full time
-
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
The candidate will have a direct responsibility to conduct research for company information from both internal and external sources, documenting specifics required to satisfy regulations. There are differing requirements depending on where the account is being opened. There is a constant need for KYC Record review as there are periodic renewals of the required due diligence carried out based on the risk of the client.
The BSU owns the end to end KYC process from creation/renewal to approval of the KYC Record and supporting local country appendices
.
Key Responsibilities:
Create the KYC Record in the KYC system sourcing information from internal and external sources by the agreed deadline
Proactively interact with relationship management teams and compliance to update system with information until final approval of KYC Record
Review information from internal and external sources for company news (Firm website, Regulatory websites, Company website, Dun & Bradstreet, Google etc.)
Validate the information within the KYC Record and CIP document to ensure completeness and accurate (Company/Entity Formation documents, Ownership, Management, etc.)
Complete KYC Record incorporating local regulatory requirements / Global BSU Standards and policies
Take responsibility for KYC Record and associated documentation completion from initiation to approval
Maintain BSU tool current and be able to demonstrate work carried out
Report workflow progress to supervisor
Ensure KYC workflow tool is kept up to date, ensuring all mandatory fields, status and commentary reflect an accurate representation of the status at all times
Meet agreed daily targets for KYC Record review and completion within agreed Service Level Agreement timeframes
Update workflow database regularly throughout the day
Highlight any discrepancies to Senior Case Managers, Control Team and Section Managers
Escalate any negative news and high-risk cases to RM/PAM/AML Compliance department
Assist in departmental projects as required
Communication / Reporting
Manage upward communication – Huddle updates, escalations, issues/ concerns etc.
Track and report time log (CMs and Case Researcher) on a daily basis
Monitor operational metrics required for management level reporting
Accurate time tracking in the PTS system
Knowledge/Experience:
2-4 years’ experience in banking, finance, or law
Experience in control/risk or Compliance (AML/KYC) function (an advantage)
Knowledge and experience of the technologies and processes used in Citi (an advantage)
Knowledge of European Union regulatory KYC/AML requirements
Flexible enough to work as per Business timings.
ACAMS certified (an advantage)
Qualifications:
University degree preferably in Business/Finance, Math, Economics, Engineering, Optimization, or Law
Skills:
Strong Negotiations skills
Proficient use of Microsoft Applications (Word, Excel, Access, PPT)
Excellent written and verbal communication skills.
Other languages an advantage like French/German/Arabic
Proficient use of Citi KYC applications (an advantage)
Customer Services orientated
Ability to develop strong professional relationships
Strong research skills
Accuracy and strong attention to detail
Ability to multitask and prioritize
Ability to work well under pressure and tight time frames
MIS and metrics and efficiency analysis skills
Pro-active, flexible, have good organizational skills and must be team player.
Ability to work in a dynamic environment.
-
Job Family Group:
Compliance and Control
-
Job Family:
Business KYC
-
Time Type:
Full time
-
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
💡 Quick Summary
Seeking a career-building opportunity? The KYC Maker 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.
