KYC/AML Associate

Nexdigm (SKP); Mumbai; Hybrid; INR 400,000 - 700,000; Full time

Job summary

Nexdigm (SKP) in Mumbai is seeking a KYC Analyst to perform KYC/AML/CDD checks and ensure regulatory compliance across client onboarding.

You will review identity and address documents, conduct EDD for high-risk cases, monitor Re-KYC requirements, and coordinate with onboarding, compliance, and operations to close KYC reviews within defined TATs.

Qualifications

• Knowledge of KYC, AML, CDD, and regulatory requirements.
• Experience with onboarding and document collection processes.
• Strong analytical and attention to detail.
• Good communication and stakeholder management skills.
• Proficiency in MS Excel and relevant compliance systems.
• Ability to manage multiple cases and meet deadlines.

Responsibilities

• Conduct Know Your Customer (KYC) and Customer Due Diligence (CDD) checks for individual and non-individual clients.
• Review and verify client documents including identity proof, address proof, PAN, incorporation documents, and beneficial ownership details.
• Perform Enhanced Due Diligence (EDD) for high-risk customers and escalated cases.
• Ensure compliance with regulatory requirements, internal policies, and AML guidelines.
• Follow up with clients, relationship managers, and internal teams for pending documentation or clarifications.
• Monitor and update client records periodically as part of Re-KYC processes.
• Identify suspicious or unusual transactions and escalated concerns appropriately.
• Maintain accurate records and prepare reports related to KYC status, deficiencies, and account restrictions.
• Coordinate with onboarding, compliance, and operations teams for smooth account opening and maintenance.
• Ensure timely closure of KYC reviews within defined turnaround times (TAT).

Skills

KYC

AML

CDD

Regulatory compliance

Onboarding documentation

Analytical skills

Communication

Stakeholder management

MS Excel

Case management

Tools

MS Excel

Job description

Job Description :KYC Analyst / KYC Executive
Position: KYC Analyst
Department: Operations
Industry: Banking / Financial Services / Wealth Management

Key Responsibilities:

• Conduct Know Your Customer (KYC) and Customer Due Diligence (CDD) checks for individual and non-individual clients.
• Review and verify client documents including identity proof, address proof, PAN, incorporation documents, and beneficial ownership details.
• Perform Enhanced Due Diligence (EDD) for high-risk customers and escalated cases.
• Ensure compliance with regulatory requirements, internal policies, and AML guidelines.
• Follow up with clients, relationship managers, and internal teams for pending documentation or clarifications.
• Monitor and update client records periodically as part of Re-KYC processes.
• Identify suspicious or unusual transactions and escalated concerns appropriately.
• Maintain accurate records and prepare reports related to KYC status, deficiencies, and account restrictions.
• Coordinate with onboarding, compliance, and operations teams for smooth account opening and maintenance.
• Ensure timely closure of KYC reviews within defined turnaround times (TAT).

Required Skills:

• Good understanding of KYC, AML, CDD, and regulatory compliance requirements.
• Knowledge of customer onboarding and documentation processes.
• Strong analytical and attention-to-detail skills.
• Good communication and stakeholder management abilities.
• Proficiency in MS Excel and banking/compliance systems.
• Ability to manage multiple cases and work under deadlines.

Preferred Qualifications:

• Experience in Banking, Wealth Management, NBFC, or Financial Services.

Experience:

• 1 -5 years of experience in KYC/AML/CDD operations.