Associate,analyst

HR India Solutions; Pune District, Bengaluru; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Paid time off

Professional development

Job summary

HR India Solutions is seeking a detail-oriented KYC Analyst to perform client due diligence, monitor accounts, and ensure compliance with AML/KYC regulations. You will conduct enhanced screening, collaborate with risk teams, and assist in improving processes to strengthen controls across the organization.

The role requires 1.5–4 years of experience in KYC/AML within banking or financial services, with strong communication skills and the ability to work independently in a fast-paced environment.

Qualifications

• Bachelor’s degree in finance, accounting, business or related field.
• 1.5–4 years of experience in KYC, TM, AML compliance.
• Solid knowledge of FATF, OFAC, Bank Secrecy Act, RBI guidelines.
• Experience with onboarding and ongoing reviews for institutional clients.
• End-to-end KYC experience including customer outreach.
• Able to operate in a fast-paced environment with accuracy.

Responsibilities

• Conduct client due diligence (CDD) to gather information for various entity types such as Banks, Trusts, Funds, SPV, etc.
• Perform initial checks on client documents to ensure completeness and accuracy.
• Support research using various databases to verify client information.
• Investigate flagged transactions to identify patterns and anomalies using monitoring systems.
• Review customer activity to prevent money laundering and fraud.
• Conduct sanctions and adverse media screening of customers.
• Maintain accurate KYC profiles and monitoring records.
• Conduct periodic and event-driven reviews for ongoing monitoring.
• Collaborate with compliance, risk teams to address KYC issues.
• Evaluate and enhance AML/KYC processes to strengthen controls.
• Stay updated on regulatory requirements and industry best practices.

Skills

KYC compliance

AML knowledge

Regulatory knowledge

Transaction monitoring

Onboarding experience

Communication skills

Independent worker

Team collaboration

Fast-paced adaptability

Education

Bachelor's degree in finance, accounting, business, or related field

Tools

Monitoring tools

Job description

Responsibilities:

• 1. 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.
• 2. Perform initial checks on client documents and data to ensure completeness and accuracy.
• 3. Support in conducting research using various databases and sources to verify client information.
• 4. 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.
• 5. Review and assess customer account activity to detect and prevent money laundering, fraud, and other illicit financial activities.
• 6. 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.
• 7. Maintain accurate documentation for all clients, including KYC profiles and ongoing monitoring records.
• 8. Conduct reviews for ongoing monitoring of client accounts, including periodic reviews and event driven reviews.
• 9. Collaborate with internal stakeholders including compliance officers, risk management teams to address KYC-related issues and provide guidance on regulatory requirements.
• 10. Continuously participate to evaluate and enhance AML and KYC processes and procedures to improve efficiency and strengthen compliance controls.
• 11. Stay updated on regulatory requirements, industry trends, best practices related to AML, KYC, TM and CFT compliance.

Requirements:

• 1. Bachelor's degree in finance, accounting, business, or related field.
• 2. 1.5 to 4 years of experience in KYC, TM, AML compliance, or a related role within the banking industry.
• 3. Strong understanding of financial regulations, including but not limited to FATF, OFAC, Bank Secrecy Act, RBI MD and other global and local Anti-Money Laundering (AML), and Know Your Customer (KYC) guidelines.
• 4. Experience with conducting on-boarding / periodic / event driven reviews for Institutional clients.
• 5. End to End KYC experience including customer / RM outreach.
• 6. Experience with KYC for complex entities with complex ownership structure, presence in multiple jurisdictions etc.
• 7. Proficiency in using transaction monitoring tools and software platforms.
• 8. Effective communication skills, both verbal and written, with the ability to communicate findings and recommendations clearly and concisely.
• 9. Ability to work independently and collaboratively in a fast-paced environment.

Preferred Qualifications:

• 1. Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS).
• 2. Experience working with large-scale banking or financial institutions.
• 3. Familiarity with regulatory requirements specific to the jurisdiction in which the bank operates.

Benefits:

• Competitive salary
• Health insurance
• Paid time off and holidays
• Professional development opportunitiesRole & responsibilities