Job Description
PB KYC Periodic Review Services team in Business Processing Services (BPS) supports Front Office with mentorship and quality checks during Enhanced Client Periodic Review (ECPR) and Focused Review processes for Private Banking clients in APAC division. The KYC Periodic Review Services Specialist role is passionate about providing quality checks and mentorship services to PB Relationship Managers in the Periodic Review and Focused Review processes, in view of the Financial Crime Compliance program for the Private Banking business in APAC division, and ensuring existing client accounts are reviewed in accordance to the Bank’s policies, standards, and applicable local legal and regulatory requirements. Coverage scope includes Client Due Diligence (CDD), Source-of-Wealth (SoW), Tax, PEP, Sanctions, Sustainability Risk, Reputational Risk, and client corporate structure documentation requirements. Job Role:- • Provide KYC/Client Due Diligence (CDD) Subject Matter Expertise and mentorship to Relationship Managers in Private Bank, in view of establishing the highest levels of quality upfront and getting it right first time during ECPR and Focused Review processes • Perform an independent quality check of client profile updates during Lifecycle Management process, including Client Corporate Structure, Source-of-Wealth, KYC, Tax, US Indicia, Sanctions, PEP, Sustainability Risk, Reputational Risk and Client Risk Score, to ensure adherence to regulatory requirements and Bank policies • Be the single point of contact / case manager for Front Office, on Periodic Review cases • Be the Subject Matter Expert (SME) in ECPR and Focused Review processes, to contribute to TOM Implementation and delivery of continuous process/technology improvements • Uphold the highest standards of control, always keeping data integrity and process controls in mind while carrying out day-to-day work • Stay up to date with the latest regulatory, policy and procedural requirements, and take ownership of relevant procedural updates • Raise higher risk matters or regulatory questions to the Financial Crime Compliance team • Engage partners in Front Office, Compliance and Operations regularly, to enable effective collaboration in day-to-day work • Provide support for any regulatory & audit related reviews, and training/walkthrough of client onboarding process, as required • Contribute to continuous improvements in execution, in view of the changing operating and regulatory environment, and participate in projects in view of Private Bank's strategic objectives and vision • Any other tasks assigned by the line manager or department head Your future colleagues We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values. To excel in this role, you should possess below: You should possess at least 3 years of proven experience in KYC/AML/Client Due Diligence (‘CDD’) experience in Private Banking/Wealth Management You come with a reasonable understanding of KYC/AML requirements in Asia, especially Singapore & Hong Kong regulations You have acquired relevant academic qualifications: University Graduate with Bachelor of Law, Accounting, Finance, Business or Economics Possess outstanding strong problem-solving skills, and can apply risk-based assessment in the resolution of sophisticated issues A teammate who
💡 Quick Summary
Seeking a career-building opportunity? The PB KYC Periodic Review Services| ENO|214311 position is now open for candidates interested in the Bank Jobs sector. This role in Pune 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.
