Open Accounts Associate I

Interactive Brokers; Mumbai; On-site; INR 600,000 - 1,000,000; Full time

Benefits offered by this job

Competitive pay

Bonus (cash & stocks)

Medical Insurance

Free cafeteria meals

Food card

Pickup/drop facility

Referral bonus

Team-building events

Job summary

Interactive Brokers is seeking a detail-oriented Analyst to support the KYC Refresh program for open accounts. The role focuses on periodic review and risk-based due diligence of existing client accounts to ensure AML/KYC compliance.

The successful candidate will work independently in a fast-paced environment, manage multiple priorities, and collaborate with Compliance, Risk, and Relationship Management teams to resolve complex cases and support regulatory examinations as needed.

Qualifications

• Bachelor's degree in finance, compliance, or related field.
• Certification in AML/KYC desirable.
• Familiarity with EDD, SOW reviews, and entity-level KYC is a plus.

Responsibilities

• Independently manage KYC reviews for EDD and Non-EDD accounts.
• Perform Source of Wealth reviews ensuring documentation credibility.
• Handle KYC Refresh for LLCs, Trusts, EU/APAC entities.

Skills

KYC Reviews

AML

Compliance

Risk Assessment

Education

Bachelor's degree in Finance/Related

Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Your Responsibilities At IBKR

Interactive Brokers is seeking a detail-oriented Analyst to support the KYC Refresh program for open accounts, ensuring ongoing compliance with regulatory requirements across all account types. This role focuses on periodic review and risk-based due diligence of existing client accounts. The successful candidate will excel at working independently while maintaining high standards of accuracy and attention to detail in a fast-paced environment. This role requires the ability to manage multiple priorities effectively, meet time-sensitive deadlines, and ensure full compliance with AML/KYC regulatory standards and internal procedures.

Key Responsibilities

• Independently managing KYC reviews on Enhanced Due Diligence (EDD) and Non-EDD accounts, applying strong risk-based judgment across a fast-paced, diverse client base including retail, institutional, and introducing broker accounts
• Performing in-depth contextual reviews of client profiles, including evaluation of trading activity, business operations, risk exposure, and complex ownership structures across multiple asset classes and global markets
• Conducting rigorous Source of Wealth (SOW) reviews, critically assessing documentation for credibility, adequacy, and consistency with clients' stated trading strategies, account activity, and overall financial profile
• Handling KYC Refresh for complex entity types including LLCs, Trusts, and EU and APAC entities, with strong knowledge of jurisdiction-specific documentation standards, regulatory requirements, and IBKR's global compliance framework
• Owning and managing the restriction cycle end-to-end, proactively tracking review deadlines, prioritizing workloads under tight SLAs, and ensuring timely completion to prevent account trading restrictions and client disruption
• Collaborating cross-functionally with Compliance, Risk, and Relationship Management teams to resolve high-complexity KYC cases, elevate emerging risk patterns, and support regulatory audits or examinations as needed

Preferred Qualifications

• Bachelor's degree, equivalent vocational qualification, or demonstrable experience in finance, compliance, operations, or other transferable industries.
• Professional certification or industry qualification demonstrating competency in AML, KYC, compliance, or related fields (desirable).
• Familiarity with EDD processes, SOW reviews, and entity-level KYC (LLC, EU, APAC) is an advantage.

Company Benefits & Perks

• Competitive salary package.
• Performance-based annual bonus (cash and stocks).
• Group Medical & Life Insurance.
• Modern offices with free amenities and fully stocked cafeterias.
• Monthly food card and company-paid snacks.
• Hardship/shift allowance with company-provided pickup & drop facility*
• Attractive employee referral bonus.
• Frequent company-sponsored team-building events and outings.