Senior KYC & AML Compliance Associate

Mashreq Bank PSC; Pakistan; On-site; PKR 800,000 - 1,400,000; Full time

Job summary

Mashreq Bank PSC in Pakistan is seeking a KYC Analyst to renew client records in line with risk ratings and central bank requirements.

You will perform due diligence on new and existing clients, request KYC documents, verify information, and document analysis for management, regulators, and internal compliance. The role includes periodic reviews and investigations of high-risk clients to maintain compliant files.

Qualifications

• KYC due diligence experience
• Document verification and review
• Risk assessment related to clients
• Compliance with CB (central bank) standards

Responsibilities

• Perform due diligence on new and existing clients, request KYC information, review and verify documents, and conduct analytical risk assessments.
• Thoroughly document research and analysis related to clients' financial activity for management, regulators, internal audit and compliance.
• Periodically evaluate existing clients according to established policies and CB standards; ensure files are current and up-to-date.
• Review KYC records for completeness and perform due diligence.
• Investigate high-risk clients and report to KYC/AML compliance.
• Process entries to open/close client accounts in KYC/CDD databases and coordinate with Client Desk for account openings/closings.
• Maintain continuous contact with customers to keep files updated.
• Communicate with internal and external parties to obtain KYC documents.
• Understand clients' business and related parties to monitor for unusual transactions.
• Investigate suspicious transactions and report findings to compliance.
• Have a good understanding of CB due diligence regulations, policies and procedures.
• Handle special projects as needed.

Job description

Mashreq Bank PSC in Pakistan is seeking a KYC Analyst to renew client records in line with risk ratings and central bank requirements.

You will perform due diligence on new and existing clients, request KYC documents, verify information, and document analysis for management, regulators, and internal compliance. The role includes periodic reviews and investigations of high-risk clients to maintain compliant files.