Team Developer - R

Bank of America; Mumbai City; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Bank of America in India invites you to join our Global Business Services KYC team in Mumbai and Hyderabad. The role focuses on reporting and analyzing data around completeness and accuracy of Know Your Customer records to ensure AML policy compliance and risk controls.

You will work with cross-functional partners, perform document gap analyses, and support enhanced due diligence for high-risk clients, contributing to a robust customer due diligence program and regulatory adherence.

Qualifications

• Graduate in any stream.
• AML certification desired.
• 3-5+ years of experience in KYC/AML.

Responsibilities

• Perform document gap analysis using CIP and CDD procedures to identify missing documents.
• Coordinate with COS and client owners for outreach and information gathering.
• Review client documents for accuracy and completeness to satisfy KYC requirements.
• Execute Enhanced Due Diligence on high-risk client types.
• Ensure compliance with Laws, Rules, and Regulation (LRR) impact for the business.

Skills

AML/KYC basics

Banking & markets

Enhanced due diligence

Strong communication

Email writing

Excel skills

Education

Graduation

Tools

Excel

Job description

Job Description

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

KYC team ensures an environment where particular client is complying with the CDD (Client Due Diligence)guidelines. They perform the checks on the population managed by On-boarding teams globally and are responsible to have most updated documentation / information updated for clients maintaining relationship with Bank of America

Job Description*

The purpose of the job is to report and analyze data around completeness and accuracy of the “Know Your Customer” data and information that is collected on our clients and to ensure compliance with Anti-Money Laundering policies and procedures. In addition, this job is to insure that the proper Risk related activities are preformed based on the analysis of that client data and in accordance with AML policies. This information is critical in our efforts to comply with internal risk avoidance efforts and external compliance requirements.

Responsibilities*

• Use Customer Identification Program (CIP)-Customer Due Diligence CDD procedures, existing and newly self-sourced documents and data in the system of record (SOR), to perform Document Gap Analysis (DGA) to identify all documents/requirements needed to Refresh client
• Update the requirement with results of DGA and capture outstanding information / documents required from client owner or client
• Co ordinate with Client Outreach Specialist (COS), client owner or client owner delegate for client Outreach
• Engage outreach employee when additional clarification on satisfying requirements is requested, and follow- up when requirements are not received
• Review client documents for accuracy & completeness to ensure they satisfy KYC requirements per the jurisdiction & business type
• Execute Enhanced Due Diligence (EDD) on high risk client types- Money Service Businesses (MSB)s, Third Party Payment Processors (TPPP), Correspondent Banks, Casinos, Banknotes, and Charities and Non-Governmental Organizations (CNGO):
• Manage client clarifications. Review procedures or standards regarding issues from client responses in order to resolve
• Work with the regional stakeholders confirming Laws, Rules, and Regulation (LRR) impact for the business, products, clients and/or processes

Requirements*

Education*

• Graduate any stream

Certifications If Any

• AML certification desired

Experience Range*

• 3-5+ years

Foundational skills*

• Knowledge on AML KYC & basics of Client due diligence
• Knowledge on Banking & markets
• Basic Understanding of Enhanced due diligence
• Strong Communication Skills
• Good Email Writing Skills

Desired skills

• Familiarity with Global Banking and market products an advantage Knowledgeable of regulatory environment, risk framework, policies & standards.
• Technical skills in excel

Work Timings*

• 07:30 AM to 22:30 PM (depending on the geography supported)

Job Location:

• Mumbai & Hyderabad