Job title: Client Due Diligence Analyst-Implementation
Company: Deutsche Bank
Job description: Job Description:Job Title: Client Due Diligence Analyst-ImplementationLocation: Pune, IndiaRole Description
- In accordance with Anti-Money Laundering Requirements, Banks are obliged to perform Know-your-client (“KYC”) reviews on all new and existing clients. These checks and reviews are made in strict accordance with regulatory standards and jurisdictions and the bank’s internal policies..
- The KYC Analyst assists the bank’s clients, managing all KYC and account opening requirements with appropriate governance and controls.
- They operate in an environment of strict adherence to Standard Operating procedures (‘SOP’s) and Operation Level Agreements (OLA’s) to achieve accurate and timely account opening of retail clients.
- The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation, performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements, and signing off on new client adoptions.
What we’ll offer youAs part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your key responsibilities
- Responsible for verification of Client data
- Perform due diligence of new and existing Institutional clients.
- Verifying KYC documentation of the Clients to be adopted/reviewed.
- Perform the risk assessment of the Client to be adopted/reviewed.
- Signing off on new client adoptions and Regular reviews
- Manage New Client Adoption or Regular Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies.
- Manage exception ensuring that all SLA’s defined with the Business on timeliness and quality are adhered.
- Preparing timely reports and MIS for various stakeholders.
Your skills and experienceDomain Skills
- Mandatory 2 to 4 years of work experience in AML/KYC for Institutional Clients/compliance within corporate financial services industry, Research/Analytics role in other Banks / KPOs.
- Understanding of Control, Compliance, Investigation/chasing functions in banks
- Familiar with AML/KYC regulations and industry guidelines
- Ability to interpret regulatory guidelines and assessing risk scores and entity types
- Ability to interpreting alerts
- Ability to identifying trends and inconsistencies.
- Understanding of end-to-end KYC process
Communication and Reasoning skills
- Good German Language Skills Written & Verbal – B2.2 equivalent or above is preferable.
- Good reading, comprehension, and critical reasoning skills
- Good analytical writing skills
- Good communication skills to communicate at all levels – onshore & stakeholders.
Soft Skills
- Ability to work independently and take ownership.
- Flexibility while handling multiple cases of varying priorities.
Willingness to work in shifts
- Graduates with good academic records
- Exposure to draft procedures based on policies formulated by the Bank’s AML Compliance departments.
How we’ll support you
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About us and our teamsPlease visit our company website for further information:
Expected salary:
Location: Pune, Maharashtra
Job date: Sun, 16 Mar 2025 08:02:23 GMT
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