BharatPe is hiring Senior Associate KYC 2024 | Apply Now

Job Role: Senior Associate KYC

Experience: 1 – 5 years

Salary: 2-6 Lacs P.A.

Location: Mumbai, Mumbai (All Areas)

Job Type: Full Time

About BharatPe company

BharatPe has recently acquired a majority stake in Mumbai-based NBFC,  Trillionloans Fintech. Trillionloans is a 5-year-old NBFC whose portfolio majorly runs across personal loans, supply chain finance, and other segments such as auto and gold loans.

Senior Associate KYC Description

A Senior Associate in KYC (Know Your Customer) plays superior customer due diligence, verifying client identities, assessing chance elements, and ensuring compliance with regulatory requirements.

Senior Associate KYC Skills 

Responsibilities might also encompass undertaking better due diligence on excessive-risk customers, reviewing documentation for accuracy and completeness, and escalating capability compliance problems to control.

Regulatory Compliance: Proficiency in information and applying rules along with AML (Anti-Money Laundering) and KYC requirements.

Risk Assessment: Ability to assess and investigate the danger associated with customer relationships and transactions.

Investigative Skills: Proficient in carrying out thorough studies and analysis to verify consumer statistics and discover suspicious sports.

Documentation Review: Skill in reviewing and studying client documentation to ensure compliance and accuracy.

Teamwork: Collaboration with colleagues to reap departmental goals and make certain steady application of KYC processes.

Adaptability: Ability to conform to converting regulatory necessities and inner rules.

Problem-Solving: Skill in resolving complex problems and making selections consistent with regulatory pointers.

Ethical Conduct: Commitment to upholding moral standards and integrity whilst dealing with sensitive purchaser statistics and compliance subjects.

Key Responsibilities

Client Due Diligence (CDD): Conduct thorough KYC evaluations on new and present customers, making ensure compliance with regulatory necessities and inner regulations.

Risk Assessment: Evaluate consumer chance profiles based totally on factors which include their enterprise sports, jurisdiction, and customer behavior. Determine the proper level of due diligence required for each consumer dating.

Document Verification: Review and authenticate consumer-provided documentation, which includes identity, incorporation files, and useful ownership information. Ensure all files are correct, whole, and compliant with regulatory requirements.

Enhanced Due Diligence (EDD): Perform more desirable due diligence on excessive-risk clients, along with politically exposed individuals (PEPs), high-net-really worth individuals (HNWIs), and clients from excessive-risk jurisdictions. Conduct destructive media screening and complete chance exams to mitigate capability risks.

Transaction Monitoring: Monitor purchaser transactions for suspicious activity or patterns indicative of money laundering, terrorist financing, or different illicit activities. Analyze transactional data and boost any pink flags or capacity risks to the compliance team.

Reporting: Prepare and publish Suspicious Activity Reports (SARs) or other regulatory reviews according to relevant laws and guidelines. Document findings, investigations, and risk exams as they should be and comprehensively.

Compliance Monitoring: Ensure adherence to AML (Anti-Money Laundering) and KYC policies and techniques through everyday compliance tracking activities. Conduct periodic opinions of customer files to verify ongoing compliance and cope with any deficiencies or discrepancies.

Stakeholder Communication: Liaise with inner stakeholders, along with Relationship Managers, Compliance Officers, and Legal Counsel, to deal with KYC-associated queries, provide steerage on regulatory necessities, and facilitate client onboarding methods.

Training and Development: Provide steerage, schooling, and mentorship to junior KYC analysts to beautify their knowledge and abilities in conducting KYC due diligence. Stay abreast of regulatory trends and enterprise fine practices to ensure non-stop studying and expert improvement.

Process Improvement: Identify possibilities for streamlining KYC approaches, enhancing performance, and improving the effectiveness of KYC operations. Propose and put in force improvements to KYC regulations, processes, and structures to mitigate compliance risks and optimize workflow.

Senior Associate KYC Job Benefits:

Competitive salary and comprehensive blessings package.

Opportunities for career advancement and expert improvement.

Dynamic and collaborative painting environment with a focus on range and inclusion.

Access to modern era and assets to help task performance.

Supportive leadership and possibilities for mentorship and boom.

Senior Associate KYC Job Conclusion:

Join our team as a Senior Associate in KYC compliance and contribute to our task of upholding the highest requirements of integrity, transparency, and regulatory compliance. Your understanding and willpower will play a critical function in safeguarding our institution against financial crime dangers and maintaining consideration and self-assurance in our patron relationships.

Apply Now: Senior Associate KYC

More Jobs

Senior Data Analyst