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Anti Money Laundering(AML) and KYC - B2B Process(Senior Associate and SME Role)

Keywords / Skills : AML, KYC, Anti Money Laundering, AML Analyst, AML Executive, AML KYC, Know Your Customer, Anti Money Laundering Executive, Risk Management

1 - 7 years
Posted: 2019-07-24

Customer Service/Call Centre/BPO
Other Customer Service/ Call Center - SME
3.00 - 6.50 lacs
Posted On
24th Jul 2019
Job Description

A KYC (Know Your Customer) Analyst primarily reviews documentation for new customer accounts, evaluates high-risk accounts and analyzes new customer processes and policies. They also study market trends and observe customer behavior patterns within the business in which they are employed. In addition, KYC Analysts are involved in reviewing new product proposals and analyzing risk and compliance issues relating to these products. KYC Analysts are primarily involved in or knowledgeable about anti-money laundering (AML) processes and procedures.


The primary responsibility of the team will be to conduct (in accordance with policies and procedures) the due diligence investigations for AML UARs sent by the business, close false alerts and escalate to onshore AML teams suspicious cases for further investigation.

Ensure a follow-up on the UARs that are pending for more data within the business

Suggest process simplification and systems and methodologies enhancements

Assist AML Compliance officers on how to treat a case (most difficult cases or when a new procedure/policy is issued)

Perform a 4 eyes control on the case declared closed by the junior compliance officers

Perform quality checks on the closed UARs

Make a decision to definitely close the case or escalate suspicious cases for further review and investigation to Level

Maintain an appropriate audit trail and documentation to support the evidence and resolution of each case

Prepare a quality feedback to the business on received UARs (monthly) to improve the relevance of the UARs

Keep updated on developments on KYC/AML/CFT/Sanctions laws and regulations and exchange with onshore teams (Compliance, back offices/business, Global Financial Security team, among others)

About Company

Leaders in IT & ITeS recruitment for Fresher's, Middle & Senior Management....since 2005. Has built a strong team of 25 employees focused on Recruitment Industry working with leading companies to fulfill their requirements. Provizor's vision is to provide an opportunity for every individual to make a career and works towards providing visor people to the corporate world. Provizor is one of the leading recruiting company in Bangalore with 2 branch in which is located on both sides of Forum Mall on Hosur road, Koramangala in Bangalore
Vision - To uphold integrity and ethics while being No1 in the industry.
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