KYC Operations Analyst

Citibank (Switzerland) AG; Pune District; On-site; Confidential; Full time

Job summary

Citibank (Switzerland) AG is seeking a KYC Operations Analyst in Pune. This role involves participating in Anti-Money Laundering monitoring and managing KYC records to ensure compliance with regulatory standards.

Candidates should have a minimum of 5 to 8 years of relevant experience, preferably with CAMS certification. This position requires willingness to work in US night shifts and a Bachelor's degree.

Qualifications

• Minimum 5 to 8 years of relevant experience.
• CAMS certification preferred.
• Willingness to work in US night shifts.

Responsibilities

• Participate in AML monitoring and regulatory reporting activities.
• Validate KYC records and ensure compliance with local regulations.
• Conduct scheduled and unscheduled KYC reviews.
• Perform enhanced due diligence checks.

Skills

Anti-Money Laundering monitoring

Client Identification and Verification

Enhanced Due Diligence checks

Local regulatory compliance

Education

Bachelor's degree

Job description

## KYC Operations AnalystApplylocations: Pune Maharashtra Indiaposted on: Posted Todayjob requisition id: 26947874The 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