Apprentice Junior Officer - Fresher - KYC

Saraswat Co; Mumbai; On-site; INR 203,000 - 243,000; Full time

Job summary

Saraswat Co in Mumbai invites applications for an Apprenticeship as Apprentice Junior Officer in KYC operations. The role supports KYC, customer due diligence, data entry and documentation under supervision.

The monthly stipend is Rs.20,000 during the one-year NAPS apprenticeship, with potential absorption on the Bank payroll as Junior Officer (Marketing & Operations) with about Rs.4.21 LPA depending on performance and targets. The position is based at Vile Parle / Kandivali.

Qualifications

• Basic understanding of KYC and banking processes.
• Attention to detail and accuracy in documentation.
• Strong written and verbal communication.

Responsibilities

• Assist in verification of customer identity and KYC documents.
• Support due diligence and background verification per guidelines.
• Review and validate customer information for completeness.
• Maintain KYC records and MIS related to activities.
• Coordinate with branches for collection/verification of documents.
• Escalate issues to senior team members as needed.
• Ensure data privacy and internal compliance guidelines.
• Communicate clearly with stakeholders and team members.

Skills

KYC basics

Data verification

MS Excel

Attention to detail

Communication skills

Confidential handling

Education

Graduate

Job description

Apperentice Junior Officer

Eligibility / Criteria

The KYC Analyst will be responsible for supporting the KYC and customer due diligence processes for new and existing customers, ensuring adherence to applicable KYC, CTF regulations and internal guidelines.

The candidate should have a basic understanding of KYC, customer identification, documentation and banking processes. The role will provide an opportunity to develop practical knowledge of KYC operations, due diligence and compliance requirements.

Qualification:

Graduate

Experience:

Freshers / 01 year

Key Responsibilities / Job Description

• Assist in the verification of customer identity and KYC documents for new and existing customers.
• Support the team in conducting customer due diligence and background verification as per internal guidelines.
• Review and validate customer information and documentation for completeness and accuracy.
• Assist in maintaining accurate and up-to-date KYC records and databases.
• Support the team in identifying discrepancies or gaps in customer documentation and coordinate for necessary rectification.
• Assist in KYC-related data entry, authorisation and documentation activities.
• Support the team in monitoring transactions and identifying information requiring further review, as per defined processes.
• Escalate KYC-related issues, discrepancies or exceptions to the concerned senior/team member.
• Ensure adherence to data privacy, confidentiality and internal compliance guidelines.
• Coordinate with internal teams/branches for collection and verification of required KYC documents.
• Maintain proper records and MIS related to KYC activities.
• Work effectively with team members and communicate clearly with relevant stakeholders.

Skills / Competencies

• Basic understanding of KYC and banking processes
• Good analytical and verification skills
• Good written and verbal communication
• Basic proficiency in MS Excel and MS Office
• Attention to detail and accuracy
• Ability to work with confidential informationWanting to learn banking operations, KYC and compliance processes
• Team-oriented approach

Preferred Knowledge

• Basic understanding of KYC / AML / CTF concepts
• Familiarity with banking or financial services
• Knowledge of Excel/MIS will be an added advantage
• Candidates with Banking, Finance, Commerce, Management or related educational backgrounds may be preferred Job

MONTHLY STIPEND :- Rs.20,000/- per month

LOCATION :- Vile Parle, Kandivali

Note :

The candidates will be taken as Apprentices under the National Apprenticeship Promotion Scheme (NAPS). They will be on payroll of the Implementing Agency for a period of one year.

On completion of one year, they will be in consideration for absorption on the payroll of the Bank as Junior Officer (Marketing & Operations) with a compensation of Rs. 4.21 LPA depending on their performance and meeting the marketing targets assigned.