KYC Operations Anlayst

Citi; New York (NY); Hybrid; USD 6,200 - 9,300; Full time

Job summary

Citi is hiring a KYC Operations Analyst in Mumbai with hybrid work arrangements. You will participate in AML monitoring, governance, oversight and regulatory reporting, supporting the development of Citi's internal KYC program.

The role requires 1–3 years in banking or compliance, knowledge of EU KYC/AML requirements, and a university degree. ACAMS is a plus. You will collaborate with Compliance, Control, and relationship teams to ensure timely KYC record creation and updates.

Qualifications

• 1–3 years’ experience in banking, finance, or law
• Experience in control/risk or Compliance (AML/KYC) function
• Knowledge of EU regulatory KYC/AML requirements
• Flexible enough to work as per Business timings
• Bachelor's degree or equivalent experience
• ACAMS certification is an advantage

Responsibilities

• Create the KYC Record in the KYC system from internal and external sources by the deadline
• Interact with relationship management teams and compliance to update the KYC until final approval
• Review information from internal/external sources for company news
• Validate information in KYC Record and CIP documents for completeness
• Complete KYC Record per local regulatory requirements and Global BSU Standards
• Own KYC Record and related documentation from initiation to approval
• Maintain BSU tool and demonstrate work performed
• Report workflow progress to supervisor
• Keep the KYC workflow tool up to date with accurate status
• Meet daily targets for KYC review and completion
• Update workflow database throughout the day
• Highlight discrepancies to Senior Case Managers/Control Team
• Escalate high risk cases to RM/PAM/AML Compliance
• Assist in departmental projects as required
• Manage upward communication – huddle updates etc.
• Track and report time log daily
• Monitor operational metrics for management reporting

Skills

Laws and Regulations

Program Management

Risk Controls and Monitors

Risk Identification and Assessment

Risk Remediation

Management Reporting

Policy and Procedure

Business Acumen

Credible Challenge

Referral and Escalation

Education

Bachelor's degree

ACAMS certification

Job description

KYC Operations Anlayst

Mumbai, Maharashtra, India

Hybrid

Discover your future at Citi

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Job Overview

The KYC Operations Analyst 1 is an entry-level position 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.

Key Responsibilities:

• Create the KYC Record in the KYC system sourcing information from internal and external sources by the agreed deadline
• Proactively interact with relationship management teams and compliance to update system with information until final approval of KYC Record
• Review information from internal and external sources for company news (Firm website, Regulatory websites, Company website, Dun & Bradstreet, Google etc.)
• Validate the information within the KYC Record and CIP document to ensure completeness and accurate (Company/Entity Formation documents, Ownership, Management, etc.)
• Complete KYC Record incorporating local regulatory requirements / Global BSU Standards and policies
• Take responsibility for KYC Record and associated documentation completion from initiation to approval
• Maintain BSU tool current and be able to demonstrate work carried out
• Report workflow progress to supervisor
• Ensure KYC workflow tool is kept up to date, ensuring all mandatory fields, status and commentary reflect an accurate representation of the status at all times
• Meet agreed daily targets for KYC Record review and completion within agreed Service Level Agreement timeframes
• Update workflow database regularly throughout the day
• Highlight any discrepancies to Senior Case Managers, Control Team and Section Managers
• Escalate any negative news and high-risk cases to RM/PAM/AML Compliance department
• Assist in departmental projects as required

Communication / Reporting

• Manage upward communication – Huddle updates, escalations, issues/ concerns etc.
• Track and report time log (CMs and Case Researcher) daily
• Monitor operational metrics required for management level reporting

Knowledge/Experience:

• 1 – 3 years’ experience in banking, finance, or law
• Experience in control/risk or Compliance (AML/KYC) function (an advantage)
• Knowledge of European Union regulatory KYC/AML requirements
• Flexible enough to work as per Business timings.
• Previous relevant experience preferred

Education:

• Bachelor's degree/University degree or equivalent experience
• ACAMS certified (an advantage.

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

For complementary skills, please see above and/or contact the recruiter.

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