Job Description
Your background
• 4-5 years' experience in AML/KYC and compliance roles.
• Relevant experience on Client Due Diligence review on Corporate clients, Knowledge of APAC regulations & prior Onboarding / Periodic Review (Refresh) (preferred)
• Control focused mindset and good understanding of regulatory and reputational risks
• Excellent communications skills and ability to present to audience
• Ability to work under pressure in a team environment
• Ability to liaise with internal and external stakeholders and deal with people with different experiences and backgrounds and be able to get work done.
• Self-motivated and assertive.
What you can expect
The Global Banking & Markets Anti-Money Laundering (GBAM AML) organization is a central control function which governs, facilitates, and oversees the global end-to-end GBAM AML program across all GBAM businesses and jurisdictions through implementation of processes and controls to effectively managing AML and economic sanctions risks. The team performs AML Know-Your-Client/Client Due Diligence (KYC/CDD) and covers refresh (periodic review) as its core activity. Additionally, there is a dedicated team responsible in reaching out to clients for KYC/CDD documentations in order to fulfil its due diligence requirements. The team also covers internal/external audits, remediation of AML KYC/CDD of bank clients.
We are looking for an AML Refresh Analyst to join the team.
What you will do
• As part of India Control function, review refresh requirements for India jurisdiction in line with India CIP/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.
• Liaise with sales/ clients to obtain and validate correct documentation.
• Performs documentations review collected through sales/clients to ensure all Refresh requirements are met.
• Support business with KYC related queries and requests.
• Creation and updation of records in Central KYC Registry.
• Ensure all India regulatory requirements related to KYC are adhered to.
• Participate in Remediation, internal/external Audits
• Maintain KYC records and documents for regulatory adherence.
About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.
Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 1+ cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies
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Typical Pay for this Type of Work
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₹62T–31Lper year
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• 4-5 years' experience in AML/KYC and compliance roles.
• Relevant experience on Client Due Diligence review on Corporate clients, Knowledge of APAC regulations & prior Onboarding / Periodic Review (Refresh) (preferred)
• Control focused mindset and good understanding of regulatory and reputational risks
• Excellent communications skills and ability to present to audience
• Ability to work under pressure in a team environment
• Ability to liaise with internal and external stakeholders and deal with people with different experiences and backgrounds and be able to get work done.
• Self-motivated and assertive.
What you can expect
The Global Banking & Markets Anti-Money Laundering (GBAM AML) organization is a central control function which governs, facilitates, and oversees the global end-to-end GBAM AML program across all GBAM businesses and jurisdictions through implementation of processes and controls to effectively managing AML and economic sanctions risks. The team performs AML Know-Your-Client/Client Due Diligence (KYC/CDD) and covers refresh (periodic review) as its core activity. Additionally, there is a dedicated team responsible in reaching out to clients for KYC/CDD documentations in order to fulfil its due diligence requirements. The team also covers internal/external audits, remediation of AML KYC/CDD of bank clients.
We are looking for an AML Refresh Analyst to join the team.
What you will do
• As part of India Control function, review refresh requirements for India jurisdiction in line with India CIP/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.
• Liaise with sales/ clients to obtain and validate correct documentation.
• Performs documentations review collected through sales/clients to ensure all Refresh requirements are met.
• Support business with KYC related queries and requests.
• Creation and updation of records in Central KYC Registry.
• Ensure all India regulatory requirements related to KYC are adhered to.
• Participate in Remediation, internal/external Audits
• Maintain KYC records and documents for regulatory adherence.
About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.
Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 1+ cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies
Report this listing
Typical Pay for this Type of Work
Jooble
₹62T–31Lper year
International Banking Process
Based on local employers
Glassdoor
₹2.4L–15Lper year
Banking Operations
Based on local employers
Bank of America
AmbitionBox
4.4 - 1,+18 reviews
Glassdoor
4.0 - 34,545 reviews
Indeed
3.8 - 31,++2 reviews
bankofamerica.com
More jobs at Bank of America
💡 Quick Summary
Seeking a career-building opportunity? The The Global Banking 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.