KYC Analyst

iRageCapital Advisory Private Limited; Mumbai; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Generous paid time off

Health coverage

Annual Education Allowance

Gym memberships

Relocation support

On-site sports and games

Annual Education Allowance

Gym memberships

Job summary

A financial advisory firm in Mumbai seeks a KYC Analyst to ensure compliance with regulations and facilitate client onboarding. The role involves conducting KYC checks, monitoring transactions for any unusual activities, and maintaining accurate records. Candidates should have at least 2 years of experience in a KYC department and knowledge of AML regulations. This position offers competitive compensation and various benefits, including generous time off, health coverage, and opportunities for learning and development.

Qualifications

• Minimum of 2 years of experience in the KYC department of a financial institution.
• Strong knowledge of KYC requirements for Domestic Institutions and FPI accounts.
• Good understanding of AML regulations.
• Excellent communication skills and attention to detail.
• Proficient in system operations related to KYC processes.

Responsibilities

• Conduct KYC checks for new clients, ensuring documentation accuracy.
• Monitor transactions for unusual patterns and escalate suspicious activities.
• Maintain accurate records of all KYC-related interactions.
• Stay updated on KYC/AML/AFC regulations and report changes to management.
• Monitor transactions for unusual activity and escalate as needed.
• Maintain accurate records of all KYC interactions.

Skills

KYC procedures

Regulatory compliance knowledge

Attention to detail

Excellent communication skills

System operations related to KYC

Tools

KYC software

Job description

Overview

The KYC Analyst will be responsible for ensuring compliance with regulatory standards and internal policies during client onboarding (COB) and related processes. The role involves meticulous execution of Know Your Client (KYC) procedures to facilitate smooth account opening and maintenance.

Responsibilities

• Client Onboarding & Documentation
  • Conduct KYC checks for new clients by reviewing documentation, performing due diligence, and ensuring all information is accurate and complete.
  • Assist clients with all KYC and account opening requirements, adhering strictly to Standard Operating Procedures (SOPs) and Operation Level Agreements (OLAs).
  • Ensure timely and accurate account openings to facilitate trading activities.
• Regulatory Compliance & Reporting
  • Stay updated with changes in KYC, Anti-Money Laundering (AML), and Anti-Financial Crime (AFC) regulations.
  • Provide regular updates to senior management on KYC and AML developments, implementing changes with minimal disruption.
  • Monitor transactions for unusual patterns or anomalies and escalate suspicious activities to senior management or relevant authorities.
  • Verify client information to identify potential risks and take necessary steps to mitigate them.
  • Ensure compliance with AML regulations and company policies by maintaining robust governance and controls.
• Record Keeping & Documentation
  • Maintain accurate and detailed records of all KYC-related interactions and documentation.
  • Ensure proper documentation and processes for Domestic Institutions and Foreign Portfolio Investor (FPI) accounts on exchanges.
  • Work closely with various departments to ensure adherence to KYC policies and procedures.
  • Communicate effectively with clients and internal stakeholders to resolve queries and ensure seamless account setup.

Qualifications & Skills

• Minimum of 2 years of experience in the KYC department of a stockbroker or financial institution.
• Strong knowledge of KYC requirements for Domestic Institutions and FPI accounts on exchanges.
• Good understanding of AML regulations and associated compliance standards.
• Excellent communication skills and attention to detail.
• Proficient in system operations related to KYC processes.

Benefits

• We’re a team that hustles - plain and simple. But we also believe life outside work matters. No cubicles, no suits - just great people doing great work in a space built for comfort and creativity.
• Competitive salary – Get paid what you’re worth.
• Generous paid time off – Recharge and come back sharper.
• Work with the best – Collaborate with top-tier global talent.
• Adventure together – Annual offsites (mostly outside India) and regular team outings.
• Performance rewards – Multiple bonuses for those who go above and beyond.
• Health covered – Comprehensive insurance so you’re always protected.
• Fun, not just work – On-site sports, games, and a lively workspace.
• Learn and lead – Regular knowledge-sharing sessions led by your peers.
• Annual Education Allowance – Take any external course, or certification that makes you better at your craft.
• Stay fit – Gym memberships with equal employer contribution to keep you at your best.
• Relocation support – Smooth move? We’ve got your back.
• Friendly competition – Work challenges and extracurricular contests to keep things exciting.