Know Your Client (KYC) Analyst, NCT

Deutsche Bank AG; Pune District; On-site; INR 600,000 - 800,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee Assistance Program

Health insurance for you and dependant

Life Insurance

Health screening

Job summary

Deutsche Bank AG in Pune, India is seeking a KYC Analyst to support Know-Your-Customer reviews and client onboarding. You will verify data, perform due diligence, assess risk, and sign off on new client adoptions with adherence to SOPs and SLAs.

The role requires 1–2 years AML/KYC experience in retail banking, strong regulatory knowledge, and good communication. German language skills (B2) are preferred. Training and support are provided, with a flexible benefits program.

Qualifications

• 1–2 years AML/KYC in retail/financial services preferred.
• Understanding of controls, compliance, investigation functions in banks.
• Familiar with AML/KYC regulations and guidelines.
• Ability to interpret regulatory guidelines and assess risk scores.
• Ability to interpreting alerts and identify trends.
• End-to-end KYC process knowledge.
• Strong communication and reasoning skills.
• German language skills at B2 level or above preferred.
• Independent, proactive and able to handle shifts.

Responsibilities

• Verify client data and perform due diligence for new and existing Retail clients.
• Verify KYC documentation of clients being adopted/reviewed.
• Conduct risk assessment of clients to be adopted/reviewed.
• Sign off on new client adoptions and regular reviews.
• Manage New Client Adoption or Regular Review to meet regulatory requirements and policies.
• Ensure SLAs are met in timeliness and quality.
• Prepare timely reports and MIS for stakeholders.

Skills

KYC/AML

Due diligence

Regulatory compliance

Data verification

Risk assessment

Communication skills

German (B2)

Job description

Job Title: Know Your Client (KYC) Analyst, NCT

Location: Pune, India

Role Description

In accordance with Anti-Money Laundering Requirements, Banks are obliged to perform Know-your-client ("KYC") reviews on all new and existing clients. These checks and reviews are made in strict accordance with regulatory standards and jurisdictions and the bank's internal policies.. The KYC Analyst assists the bank's clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures ('SOP's) and Operation Level Agreements (OLA's) to achieve accurate and timely account opening of retail clients. The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation, performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements and signing off on new client adoptions.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Responsible for verification of Client data
• Perform due diligence of new and existing Retail clients
• Verifying KYC documentation of the Clients to be adopted/reviewed
• Perform the risk assessment of the Client to be adopted/reviewed
• Signing off on new client adoptions and Regular reviews
• Manage New Client Adoption or Regular Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank's internal policies
• Manage exception ensuring that all SLA's defined with the Business on timeliness and quality are adhered
• Preparing timely reports and MIS for various stakeholders.

Your skills and experience

• Preferred 1 to 2 years of work experience in AML/KYC for Retail Clients/compliance within corporate financial services industry, Research/Analytics role in other Banks / KPOs.
• Understanding of Control, Compliance, Investigation/chasing functions in banks
• Familiar with AML/KYC regulations and industry guidelines
• Ability to interpret regulatory guidelines and assessing risk scores and entity types
• Ability to interpreting alerts
• Ability to identifying trends and inconsistencies
• Understanding of end to end KYC process
• Communication and Reasoning skills
• Good German Language Skills Written & Verbal – B2.2 equivalent or above is preferable
• Good reading, comprehension, and critical reasoning skills
• Good analytical writing skills
• Good communication skills to communicate at all levels - onshore & stakeholders
• Soft Skills Ability to work independently and take ownership
• Flexibility while handling multiple cases of varying priorities
• Willingness to work in shifts
• Graduates with good academic records Exposure to draft procedures based on policies formulated by the Bank's AML Compliance departments.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information: https://www.db.com/company/company.html

We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots. At DWS, we're capturing the opportunities of tomorrow. You can be part of a leading, client-committed, global Asset Manager, making an impact on individuals, communities and the world. In an ever-changing landscape, markets face a new set of pressures - but here, we see the opportunity in challenges. Opportunity to invest responsibly; to create change. Whether it's collaborating to discover innovative solutions or exploring your curiosity to develop new skills - at DWS, we support you to achieve your goals. As the world continues to evolve, we do too. Join us, and you can shape our transformation. You can collaborate with industry thought-leaders, gaining new and diverse perspectives. You can share ideas and be yourself. You can drive innovative and sustainable solutions that influence markets and behaviours for the better. This is your chance to lead an extraordinary career. This is your chance to invest in your future.