AML/KYC/Analyst

Teamware Solutions; Bengaluru; On-site; INR 6,00,000 - 10,00,000; Full time

Job summary

A consulting firm in Bengaluru is seeking an AML/KYC Compliance Specialist to conduct reviews and ensure adherence to regulations. The ideal candidate will have a bachelor's degree in a related field and 1 to 4 years of experience in AML/KYC compliance, especially within financial services. Strong knowledge of due diligence processes and effective use of compliance tools is essential.

Qualifications

• Minimum 1 to 4 years of experience in AML/KYC compliance.
• Strong knowledge of KYC/CDD/EDD processes.
• Experience with AML/KYC tools and systems is preferred.

Responsibilities

• Conduct KYC and AML reviews according to regulations.
• Perform Customer Due Diligence for clients.
• Ensure timely processing of KYC information.

Skills

KYC and AML compliance

Due Diligence (CDD & EDD)

Risk mitigation

Education

Bachelor's degree in Finance, Accounting, Business Administration

Tools

AML/KYC tools

Job description

Job Description

• KYC and AML reviews in line with regulatory standards and internal policies.
• Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for both individual and corporate clients.
• Ensure accurate and timely processing of KYC information and client data verification.
• Stay up-to-date with current AML/KYC regulations and emerging risks to ensure compliance.
• Use AML/KYC tools and systems effectively to investigate and mitigate risks.
• Collaborate with other departments to address compliance-related issues and ensure a smooth onboarding process.

Requirements

• Bachelors degree in Finance, Accounting, Business Administration, or a related field.
• Minimum 1 year to 4 years of experience in AML/KYC compliance, preferably within the banking, financial services, or related industries.
• Strong knowledge of KYC/CDD/EDD processes and regulatory requirements.
• Experience working with AML/KYC tools and systems.
• Please note: Retail banking candidates need not apply.