Executive - Wholesale Operations - KYC/AML

Executive - Wholesale Operations - KYC/AML

Key Responsibilities:

- Perform KYC due diligence for new and existing clients covering different types of clients / counterparties including Companies, Banks, MFs, FPIs and other Regulated entities, HNI / UHNI Individuals, Trusts, AIF, SPVs related to Loans / Lending & Treasury transactions

- Verify and review client KYC documents and information in accordance with the internal KYC / AML policy

- Assessment of clients risk level / category in accordance with the internal KYC / AML policy

- Perform AML screening / Sanctions screening to identify adverse news / hits, politically exposed persons and high-risk clients

- Manage the entire onboarding / off-boarding process including creation, activation and deactivation of client accounts in the internal system

- Compliance with CKYCR requirements related to download and upload of client

- Credit score checks of clients borrowers, directors, and security providers for loans / lending transactions

- Tracking and follow up for non-financial covenants for loans / lending transactions

- Collaborate with Business, Compliance and Operations teams to resolve KYC related issues

- Communication with clients regarding their documentation and onboarding status

- Monitor and implement changes in KYC / AML regulations and internal policies to ensure on-going compliance

- Managing and maintaining client documentation and records

Qualifications and Core Competencies:

- Graduate/Postgraduate in any field preferably finance. CA Preferred

- 3 to 5 years for experience in handing KYC and client onboarding function / processes in Non Banking Finance Companies (NBFC) or Banks

- Basic understanding of processes related to Corporate Loans business in a NBFC or Bank would be an advantage

- Strong understanding of end-to-end KYC and onboarding process

- Good understanding of RBI KYC regulations / guidelines and CKYCR regulations

- Familiarity with relevant systems and tools used for KYC and client onboarding processes

- Meticulous attention to details is crucial for reviewing documents and ensuring accuracy

- Good verbal and written communication skills for interacting with client and internal teams

- Ability to work effectively both independently and as part of an independent team