KYC Operations Analyst 1

Citi; Chennai District; On-site; INR 600,000 - 900,000; Full time

Job summary

Citi is seeking a dedicated professional in Chennai for an Operations role focusing on Know Your Client (KYC) compliance. The position involves collaborating with Relationship Management and Compliance teams to ensure the accuracy and regulatory standards of KYC records.

The ideal candidate should have a Bachelor's degree and relevant experience in KYC processes. Responsibilities include maintaining KYC records, assessing risk, and ensuring compliance with policies and regulations.

Qualifications

• Previous relevant experience preferred.

Responsibilities

• Partner with Relationship Management and Compliance teams to assist with the preparation and approval of KYC records.
• Create and maintain KYC records by obtaining information from internal and external sources.
• Validate the information within KYC records and CIP documents to ensure accuracy.
• Appropriately assess risk when business decisions are made to safeguard Citigroup.

Skills

Business Acumen

Credible Challenge

Laws and Regulations

Management Reporting

Policy and Procedure

Program Management

Referral and Escalation

Risk Controls and Monitors

Risk Identification and Assessment

Risk Remediation

Education

Bachelor's degree/University degree or equivalent experience

Job description

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
• Create and maintain KYC records by obtaining information from internal and external sources (firm website, regulatory websites, etc.)
• Partner with Relationship Management and Compliance teams to update system information from initiation to approval of KYC record and report workflow progress to supervisor
• 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
• Maintain BSU tool
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Qualifications

• Previous relevant experience preferred

Education

• Bachelor's degree/University degree or equivalent experience

Job Family Group

Operations - Services

Job Family

Business KYC

Time Type

Full time

Most Relevant Skills

• Business Acumen
• Credible Challenge
• Laws and Regulations
• Management Reporting
• Policy and Procedure
• Program Management
• Referral and Escalation
• Risk Controls and Monitors
• Risk Identification and Assessment
• Risk Remediation

Other Relevant Skills

• Know Your Customer (KYC)
• Know Your Customer (KYC) Document
• KYC Compliance

Equal Opportunity

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.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.