Job Description

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The KYC Analyst role shall be responsible for ensuring end to end processing of a resource BGV and vigilance checks are performed in alignment to the SOP s and polices defined.

Direct Responsibilities

• KYC Analyst will responsible for the Risk Analysts working in ISPL.
• To act as SPOC for process policy related queries for the ISPL team.
• Will responsible 1B Check control for various activities of PSP.
• Regular review of processes and areas to be in line with the new developments and gain efficiency.
• Constant dialogue with the PSP Team, manager to ensure that changes in the regulations impacting the process are well understood and articulated in the processes.
• Own the SLA for the activity offshored.
• Manages Work In Progress pipeline for the risk analyst, work distribution and timely closures.
• Acts as a 4 eye check / validator of the risk analysis completed by the ISP team prior to the documents being sent for closure.
• Ensure data and documents are entered (scanned and archived) into systems properly.
• Ensure the files pass all quality and control reviews. Escalate concerns / issues as needed as company guidelines and local requirements.
• Communicate within the team, Compliance, the business and IT.
• On a need basis:
• Perform necessary checks to identify politically exposed persons, sanctioned, Adverse Information on individuals and entities and mitigate risks associated with financial crimes.
• Implement additional steps, validating KYS risk compliance bases on research of partner records
• Perform the required KYS / Anti Bribery Corruption Anti-Tax Evasion screenings on partners documenting the information obtained on the clients as required by UK KYS Regulatory guidelines.
• Work as a team player and ensures that the team is guided to achieve the stakeholder expectation.
• Obtain mandatory documents and reports as per KYS requirements

Contributing Responsibilities

• Contribute to the implementation of Permanent Control policies and procedures in day-to-day business activities
• Ensure all requests received are assigned within the team and drives the team to achieve the expectation set by onshore
• Active participation in regular review of operational procedural changes /requirements during processing functions / staff meetings

Specific Qualifications (if required)

University Graduate

Sound knowledge of the on-boarding/ KYC recertification process
Knowledge of the global and local regulations related to banking and financial services.

Skills Required: Banking, Taxation, Research