KYC Analyst

Sumitomo Mitsui Banking Corporation (SMBC); Mumbai, New Delhi, Chennai District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation (SMBC) in Mumbai is seeking a KYC specialist to manage the lifecycle and transactions for corporate customers. The role involves performing due diligence, screening, collecting KYC documents, and maintaining accurate records within the KYC workflow system.

The candidate will review ongoing KYC documentation for periodic and re-KYC updates, liaise with customers to obtain required information, and collaborate with Compliance and Operations to approve and submit

Qualifications

• Perform due diligence on new customers, screening and obtaining KYC information and updating it into the workflow system.
• Review KYC documents for periodic reviews, re-KYC, and liaise with customers to obtain required documents.
• Perform customer updates and ad-hoc reviews of customer records as needed.

Responsibilities

• Performing due diligence on new customer, screening, requesting the KYC information from the customer, review the documents received and updating all the relevant information into the KYC workflow system.
• Undertaking review of KYC documents for their Periodic review, Re-KYC and liaising with the customer to obtain requisite documents.
• Performing Customer Update, ad-hoc review of the customer’s record as and when required
• Performing further due diligence on customers identified to be High Risk, PEP etc.
• Work closely with internal teams including Compliance, Operations for approval of the KYC records, submission of the documents, sharing account related information with the customer etc.

Skills

KYC

Due Diligence

Compliance

Job description

Purpose of the position

To manage KYC lifecycle and transactions for corporate customers

Job Responsibilities

• Performing due diligence on new customer, screening, requesting the KYC information from the customer, review the documents received and updating all the relevant information into the KYC workflow system.
• Undertaking review of KYC documents for their Periodic review, Re-KYC and liaising with the customer to obtain requisite documents.
• Performing Customer Update, ad-hoc review of the customer’s record as and when required
• Perform further due diligence on customers identified to be High Risk, PEP etc.
• Work closely with internal teams including Compliance, Operations for approval of the KYC records, submission of the documents, sharing account related information with the customer etc.
• Processing customer transactions for Loans, Deposits including preparation of the instruction sheet
• Liaising with customer and internal teams for Inward/Outward interest remittance, GST invoice, ECB Returns, Balance Confirmation, Interest Servicing (ECB & INR) and communicating it to the customer
• Initiating quarterly reset of Interest by raising Instruction sheet
• Liaising with Internal teams and clients for execution of documents and further submission
• Any other department specific work that is assigned