Analyst, Current Account Customer Due Diligence

Job Purpose

Specialist will work to ensure AMLKYC processes for current account segments and measures within Consumer Banking across segments with the aim of ensuring safe and sound operating environment. (s)he will be responsible for continuously working towards adhering KYC guidelines, regulations and reporting requirements.

Key Accountabilities, KPIs and Job Responsibilities

Acting as the Central CDD Team for current accounts, following are the key deliverables for the role where the candidate will assist his/her leader in achieving the aforesaid objective:

Process/standards awareness

• Ensure adherence of controls, risk, and RBI CIP CAP guidelines along with India KYC guidelines and Group CDD standard.
• Document checking, KYC checks, On-boarding activities, re-KYC, trigger reviews etc.
• Opening of the current accounts in line with agreed processes.
• Ensuring data accuracy while opening current accounts and due diligence process.
• Proactively identify potential risk areas and highlighting to supervisor.
• Ensure all customers are screened regularly against sanctions and other negative lists and negation of all such alerts on timely basis.
• Regular co-ordination with branches to ensure processes are followed, resolving branches queries and guidance with respect to AMLKYYC.
• Resolution of queries and complaints received from Branches and CCTR etc
• Regular verification of GST of CA and CPV provided by Vendor MNRL due diligence
  Raising system enhancement requirements.
• Maintaining high standard of quality and error free processes.
• Circulation of daily dashboards and other frequency-based reporting within team and other stakeholders.
• Conducting UAT and sharing findings with stakeholders and ensuring desired requirements are implemented.
• Ensure to raise unusual activities for deserving cases.
• MIS preparation, Audit data submission, Working on large volume of data
• Ensuring all trainings are attended on timely basis.

Adherence to processes standards

• Escalation and reporting of cases which are breaching SLA for resolution, adherence of regulatory requirements
• Ensure in spirit word implementation and execution of internal regulatory code of conduct and business ethics, clean desk, information security, internet usage, email usage etc.
• Ensure to meet agreed Timeliness with respect to processes.
• Creatin of back up for self to maintain work life balance.

Stakeholder vendor management/interface to facilitate smooth operations

• Continuous engagement with stakeholders to improve processes, TAT etc.

Regulatory compliance and assessment

• Ensure adherence to all AMLKYC guidelines in unit
• Timely reporting of errors, issues etc.

Experience

• Knowledge of regulations, AMLKYC standard, due diligence processes of current accounts.
• Banking / Digital Banking experience desired,
• Ability to work within team and maintain sensitive and confidential information
• Minimum 6+ years of experience in Retail Banking.

Education / Preferred Qualifications

• Bachelor s degree from a recognized university.

Core Competencies

• Processing with eye for detail, data accuracy and good typing skills
• Good interpersonal and excellent communication skills.
• Effective control measures and governance standards
• Good attitude, aptitude towards and fast adoption of new technology and digital lifestyle
• Good interpersonal analytical skills

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