KYC Operations Analyst

Citigroup Inc.; Pune District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Citigroup Inc. is looking for a KYC Operations Analyst in Pune, India. This role involves participating in Anti-Money Laundering (AML) monitoring and managing KYC records.

The ideal candidate should have 5 to 8 years of relevant experience, with a Bachelor's degree. Responsibilities include validating KYC records, conducting compliance reviews, and collaborating with various teams. Willingness to work in night shifts is essential.

Qualifications

• 5 to 8 years of relevant experience in KYC operations or compliance.
• CAMS certification preferred.
• Willingness to work in US shifts/night shifts.

Responsibilities

• Participate in Anti-Money Laundering (AML) monitoring activities.
• Validate KYC records for accuracy and compliance.
• Conduct due diligence reviews for customer accounts.

Skills

KYC reviews

Compliance and Control

Anti-Money Laundering (AML)

Customer Identification Program (CIP)

Education

Bachelor's degree

Tools

KYC software

Job description

The KYC Operations Analyst is responsible for participating in Anti-Money Laundering (AML) monitoring, governance, oversight and regulatory reporting activities in coordination with the Compliance and Control team. The overall objective of this role is to assist in the development and management of a dedicated internal KYC (Know Your Client) program at Citi.

Responsibilities

• Partner with Relationship Management and Compliance teams to assist with the preparation, development, due diligence and approval of the electronic Know Your Client (KYC) record and supporting appendices
• Validate the information within KYC records and Customer Identification Program (CIP) documents to ensure completion and accuracy
• Ensure KYC records incorporate local regulatory requirements / Global Business Support Unit (BSU) Standards
• Assist Citi on KYC efforts in accordance to the NAM Retail AML KYC Ops (NTB) procedures
• Perform KYC reviews (Scheduled & Unscheduled Reviews for Individual Client types across varied risk classes) including monitoring and tracking of KYC records, assisting with the development and execution of action plan for expiring records, and ensuring records are not past due
• Determining if the accounts are in scope
• Client Identification, Verification and Screening
• Information such as customer’s address, employment (including employer), connectivity to PEP/SPF (Sanctions Screening), will be validated and confirmed. These will be validated based on existing information available or through approved third party sites. Based on the results, enhanced due diligence checks will be performed which include negative news and social media checks
• Partner with internal units to ensure adequate due diligence process is carried out for customer accounts and documentation reviews
• Ensure all information and documentation comply with local regulation and Citi standards
• Send the requests to Outreach/RM for accounts where information is required to complete the review
• Any suspicious product usage from AML perspective gets highlighted to senior management for further reviews promptly
• Ensure to maintain quality standards (90% and above) for the KYC reviews undertaken
• Ensure any tech issue/procedural clarifications gets highlighted to managers for further review and guidance
• Ensure to get Quality Control (QC) review done on files prior to submission and respond/correct any discrepancies identified during QC reviews
• Submit record for Business Approval once review is complete and respond/correct any discrepancies identified during BA reviews
• Willing to work in night shifts

Qualifications

• Need candidate to hold previous relevant experience of minimum 5 to 8 years
• CAMS preferred
• Candidate should be willing to work in US shift/night shifts

Education

• Bachelor's degree

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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