KYC Associate | Deutsche Bank | Jaipur

Vskills; Jaipur; On-site; INR 500,000 - 750,000; Full time

Job summary

Vskills is seeking a KYC Associate in Jaipur to support client onboarding, COB and exceptions while adhering to regulatory standards. You will communicate with senior bank stakeholders on KYC, AML and AFC changes and implement required updates with minimal disruption.

The role requires handling sensitive client data and ensuring governance and control throughout the onboarding process. You will manage client data verification, due diligence, risk assessment, and approvals for new client

Qualifications

• 6+ years of relevant work experience in AML/KYC/compliance within corporate financial services.
• Familiarity with AML/KYC regulations and industry guidelines (e.g., FSA, JMLSG, MiFID).
• Ability to interpret regulatory guidelines and assess risk scores and entity types.
• Understanding end-to-end KYC process and related controls.

Responsibilities

• Verify client data and KYC documentation for new/adopted clients.
• Perform due diligence on new and existing clients across various client types (listed, regulated, entities).
• Conduct risk assessments and sign off on new client adoptions and periodic reviews.
• Liaise with business/compliance to ensure KYC requirements are met under SOPs/OLAs.
• Manage SLAs to ensure timely and quality KYC/AML processing.

Skills

KYC/AML compliance

Due diligence

Risk assessment

Regulatory knowledge

Data verification

Job description

Job Role: KYC Associate

• Location: Jaipur

Role Description

• The Know Your Client (KYC) Analyst focuses on client onboarding (COB) and exceptions in line with regulatory standards and jurisdictions.
• The KYC Analyst provides regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering (‘AML’) and Anti Financial Crime (‘AFC’) areas and ensures any changes required are implemented with minimum disruptions.
• The KYC Analyst also 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 to help execute trades.
• 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.

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