Anti-Money Laundering Analyst

NLB Services Pvt.Ltd; Bengaluru; On-site; INR 600,000 - 1,200,000; Full time

Job summary

A leading services provider in Bengaluru is seeking an AML/KYC Analyst. The role involves conducting client due diligence, analyzing financial transactions for potential suspicious activities, and collaborating with compliance teams. Ideal candidates should have 2-7 years of experience in AML/KYC, strong analytical skills, and attention to detail. This is a full-time position with day shifts.

Qualifications

• 2-7 years of experience in AML/KYC or a related field.
• Strong understanding of AML/KYC regulations.
• Experience with AML/KYC software and tools.
• Ability to work independently and as part of a team.

Responsibilities

• Conduct client due diligence (CDD) to gather client information.
• Perform initial checks on client documents.
• Support in conducting research to verify client information.
• Conduct investigations of flagged transactions.
• Maintain accurate documentation for all clients.
• Collaborate with internal stakeholders on KYC-related issues.

Skills

AML/KYC knowledge

Analytical skills

Attention to detail

Communication skills

Team collaboration

Tools

AML/KYC software

Job description

Job Title: AML/KYC Analyst.

Location: Bangalore.

Job Type: Full-time.

Experience Level: 2 7 Years.

Day Shift.

Global Client.

Responsibilities:

– Conduct client due diligence (CDD) to gather information such as identity verification, source of funds, and beneficial ownership for different entity types like Banks, Trust, Funds, SPV etc.

– Perform initial checks on client documents and data to ensure completeness and accuracy.

– Support in conducting research using various databases and sources to verify client information.

– Conduct in-depth investigations of flagged transactions to identify patterns, trends, and anomalies using the advanced transaction monitoring systems and tools to analyze financial transactions for potential suspicious activities.

– Conduct sanction screening and adverse media screening of customers using specialized tools and databases and analyze screening results to identify matches with sanctioned individuals, entities, or countries.

– Maintain accurate documentation for all clients, including KYC profiles and ongoing monitoring records.

– Conduct reviews for ongoing monitoring of client accounts, including periodic reviews and event driven reviews.

– Collaborate with internal stakeholders including compliance officers, risk management teams to address KYC-related issues and provide guidance on regulatory requirements.

Required Skills and Experience:

– 2-7 years of experience in AML/KYC or a related field.

– Strong understanding of AML/KYC regulations (e.g., KYC guidelines, AML Act, FATF recommendations).

– Experience with AML/KYC software and tools.

– Strong analytical and problem-solving skills.

– Attention to detail and accuracy.

– Excellent communication and interpersonal skills.

– Ability to work independently and as part of a team.

Contact : 7249945347