Know Your Customer (KYC) Associate

Deutsche Bank; Bengaluru; On-site; INR 700,000 - 1,300,000; Full time

Benefits offered by this job

Best leave policy

Gender neutral parental leaves

Education sponsorship

Employee Assistance Program

Comprehensive health insurance for you

Job summary

Deutsche Bank is seeking a KYC Associate in Bengaluru, India to support Know-Your-Client reviews and regulatory compliance. The role involves verifying client data, conducting due diligence, and performing risk assessments across diverse client types, including corporates and complex structures.

You will liaise with business/compliance teams and sign off on onboarding and periodic reviews. You will work within a dynamic operations team, leveraging AI tools to enhance productivity while ensuring

Qualifications

• 6+ years of AML/KYC/compliance experience in corporate financial services or related fields.
• Familiarity with AML/KYC regulations and industry guidelines (e.g., FATF, Basel, local regulators).
• Ability to interpret regulatory guidelines and assess risk scores and entity types.

Responsibilities

• Verify client data and perform due diligence for new and existing clients across complex structures (SPVs, funds, government entities).
• Conduct risk assessments of clients and determine suitability for onboarding or periodic reviews.
• Sign off on new client adoptions and periodic reviews in line with regulatory requirements and internal policies.
• Manage New Client Adoption or Periodic Review streams ensuring timely approvals and compliance with SLAs.
• Identify and resolve exceptions to maintain timeliness and quality as defined with the business.

Skills

AML/KYC

Regulatory knowledge

Risk assessment

Data verification

AI tools

Tools

AI tools

Job description

KYC Associate Job Description: Job Title: KYC Associate Corporate Title: Associate Location: Bangalore, India

Operations provides support for all of Deutsche Bank’s businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial centres such as London, New York, Frankfurt and Singapore, as well as specialist development and service centres in locations including Bucharest, Moscow, Pune, Dublin and Cary. We process payments in excess of a trillion euros across the bank’s platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimized and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent. In accordance with Anti-Money Laundering Requirements, Banks, such as Deutsche Bank AG ("DB"), are obliged to perform Know-your-client (“KYC”) reviews on all new clients they adopt. These checks and reviews are made in strict accordance with regulatory requirement and the bank’s internal policies. 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. The Reg & Tax analyst role is an operations function where you will be involved in reviewing various regulatory documents related to clients to ensure that all the regulatory requirements are met and the bank is in compliance.

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 clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as more complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments, Joint Ventures, etc.
• 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 periodic reviews
• Manage New Client Adoption or Periodic 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

Your skills and experience

• 6+ years of relevant work experience (AML/KYC/compliance related) within corporate financial services industry, Research/Analytics role in other Banks / KPOs etc
• Understanding of Control, Compliance, Investigation/chasing functions in banks
• Familiarity AML/KYC regulations and industry guidelines (FSA, JMLSG, 3rd EU Money Laundering Directive, MiFID)
• 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
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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 strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Experience Level Mid Level