skillindiajobs
Register for Job
Hyderabad Jobs
Banglore Jobs
Chennai Jobs
Delhi Jobs
Ahmedabad Jobs
Mumbai Jobs
Pune Jobs
Vijayawada Jobs
Gurgaon Jobs
Noida Jobs
Oil & Gas Jobs
Banking Jobs
Construction Jobs
Top Management Jobs
IT - Software Jobs
Medical Healthcare Jobs
Purchase / Logistics Jobs
Sales
Ajax Jobs
Designing Jobs
ASP .NET Jobs
Java Jobs
MySQL Jobs
Sap hr Jobs
Software Testing Jobs
Html Jobs
IT Jobs
Logistics Jobs
Customer Service Jobs
Airport Jobs
Banking Jobs
Driver Jobs
Part Time Jobs
Civil Engineering Jobs
Accountant Jobs
Safety Officer Jobs
Nursing Jobs
Civil Engineering Jobs
Hospitality Jobs
Part Time Jobs
Security Jobs
Finance Jobs
Marketing Jobs
Shipping Jobs
Real Estate Jobs
Telecom Jobs

Anti-Money Laundering, Associate 1

1.00 to 2.00 Years   Bangalore   08 Aug, 2021
State Street Corporation
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax,Operations Management / Process Analysis
EmploymentTypeFull-time

Job Description

DESCRIPTIONThe KYC Shared Services department provides a Customer Due Diligence (CDD) service to State Street business unites utilizing the Bangalore KYC Shared Service. The department is tasked with verifying the identity of customers of State Street business units, risk profiling those customers from a money-laundering perspective and completing periodic money-laundering risk reviews. CDD must be completed in accordance with State Street KYC / Anti-Money Laundering Compliance policies and procedures. CDD is completed on all clients, customers, accounts and sub-accounts (collectively customers ) of State Street. This is a permanent position within the department in Bangalore.RESPONSIBILITIES: Responsibilities will include:-

  • Validating CDD documentation provided by the business independently from various websites and vendors and requesting missing documentation
  • Reviewing and tracking CDD documentation for all customers in line with applicable KYC Policies & Procedures
  • Screening customer s names and other parties against various lists
  • Completing the necessary forms and documentation required to support CDD as fully auditable
  • Notifying local management of operational issues
  • Completing KYC risk assessment using corporate compliance tools and methods prior to account opening and on an on-going basis
  • Engaging with State Street business units and providing updates and the necessary reports to KYC managers for use in reporting to Compliance and business oversight teams
  • Interact with oversight teams as required
  • Gathering and compiling MIS on customers and underlying investors CDD
  • Preparing status reports to senior management
  • Updating and maintenance of the team s databaseREQUIREMENTS: Education and Experience
  • Graduate and above preferably in Finance
  • Fair understanding and exposure to KYC process
  • Flexible to work in shifts and extended working hours if required.Skills/Knowledge
  • Possess good understanding on end to end KYC process.
  • Ability to perform KYC reviews on different entity types, such as Trusts, Hedge Funds, regulated entities, SPV etc.
  • Should have worked on World Check, Lexis-Nexis and negative searches.
  • Understanding of ownership structure.
  • Ability to communicate confidently, efficiently and clearly in both written and verbal forms
  • Strong time management skills
  • Flexibility in re-prioritising tasks
  • Excellent Microsoft Excel and Word skills
  • Ability to perform effectively to strict deadlines
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.,

Keyskills :
hedge fundsdue diligencebusiness unitsmicrosoft excelshared servicesrisk assessmentaccount openingtime managementfamily partnershipsmiskyccddriskwordexcelformsvendorsreviewsantimoney laundering

APPLY NOW

Anti-Money Laundering, Associate 1 Related Jobs

© 2020 Skillindia All Rights Reserved