Job description
Position title | Senior Analyst |
Location | India |
Business Function | Operations |
Reporting to | Manager |
Department | Network & Regulatory Solutions |
Department overview:
The Network & Regulatory Solutions segment delivers software, services, data and networks covering regulatory reporting and compliance platforms, along with key industry platforms.
Position summary
Candidate should have experience in KYC Onboarding and Remediation (Full Review, Outreach, Risk Assessment) and Screening (Alert disposition on entitles and related parties) with a demonstrated track-record supporting international clients. And must have exposure in various KYC/Screening tools such as Factiva, RDC, World Check, Lexis Nexis. The Senior Analyst is responsible for performing quality check on multiple profiles on daily basis. Review entity types like NBFI, SPVS, Funds, Corporations, Banks, IMC etc. as per CIP. Nexis Reviewing transactions to identify any money laundering or terrorist financing cautionary flags and rapidly dispositioning them along with escalating cases. Identify mitigate and manage money laundering and terrorism financing (ML/TF) risk, assessing related sanctions risk exposure, overseeing the quality of screening control processes, and setting global standards to manage and mitigate those risks.
Duties & accountabilities
- Candidate should have proficient knowledge of KYC Onboarding/AML/Screening, Periodic Review/KYC Refresh, Remediation, Ongoing Monitoring, Due Diligence/CDD/EDD etc.
- Create Quality KYC/Screening profiles ensuring accuracy, completeness, and validity, incorporating multiple risk factors in compliance with global regulatory requirements.
- Must have handled various KYC/Screening tools such as Factiva, RDC, World Check, Lexis Nexis etc.
- Mitigate or call out true hits for Sanctions/PEPs/Negative news concerns and escalate it concerned team.
- Review and disposition of Alerts generated through the screening of the clients and other relationships
- Responsible for ensuring rational documentation for clearing name matches and escalate issues / risks to the manager in a timely manner.
- Provide real time constructive verbal feedback to team members and facilitate timely completion of engagement reviews
- Governance on the event of serious regulatory breaches, or where risk tolerance have been breaches, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased.
- Support knowledge sharing efforts and continually improves processes so that the work team can capture and leverage knowledge.
- Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is norm.
- Manage priority items and ensure timely escalations of key risks/issues to management.
- Identify and execute process improvements, provide guidance and support key process and technology initiatives to the business.
- Perform daily target cases for the allocated clients including translation.
- Get trained on the any regulatory and compliance requirement, other process changes in KYC/Screening.
- Keep informed of any changes to processes and procedures, policy change and ensure open verbal dialogue with colleagues across locations.
- Prepare productivity and other reports for management reporting.
- Frequently interact with stakeholders such as Policy Team, Quality Control and Relationship Partners team to develop strong partnership and eliminates roadblocks and ensure continuity of information flow across the groups.
- Conduct gap assessment
- Re assess risk rating
- Manage Teams – motivate and inspire confidence in junior colleagues
- Proficient in MS Office applications, especially Excel
- Must have excellent communication skills.
- Must be willing to work in flexible shift (both UK and US).
Business competencies
Education and experience: | - Bachelor’s Degree (B’Com preferred) - 2+ years relevant experience in Corporate KYC and Screening resolution |
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Commercial awareness | - Have an excellent client service ethos and be able to communicate effectively with clients |
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Personal competencies
Personal impact | - Working knowledge of KYC/Sanction Screening/Compliance/AML procedures and Standards. - Knowledge of Financial Industry and Must have knowledge of multiple client types (Corporates, Non-Banking Financial Institutions, Banks, Government Organisation, Public traded companies etc.) - Adaptable to work in an evolving and changeable environment. - The ideal candidate will need to be detail oriented and task driven with a strong work ethic and able to work in a fast-paced environment. - Strong analytical and interpersonal skills. - Independent, self-motivated and a team player. - Strong time management, organizational, planning and follow-up skills, ability to multi-task effectively. - Possesses strong time management, organizational, relationship building skills. - Proactively manages and drive forward own career, identifying personal training needs for development. |
Communication | - Able to demonstrate strong and written communication skills with experience of conflict resolutions. |
Teamwork | - Ability to partner with internal stakeholders and leverage internal resources. - Positive, can-do approach, embraces change and motivates others. |
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