Fraud Specialist

We are inviting applications for the role of Senior Associate.

In this role you will be collating & interpreting institutional KYC data and turning it into information which can offer ways to clients to meet their regulatory requirements. Bringing together information from various sources and interpreting patterns and trends. Summarizing findings, facts and information in a checklist, highlighting actions and recommendation for next steps.

Responsibilities

• Risk assessment to be conducted across the KYC uplift population for institutional & corporate customers to determine uplift schedule and risk review
• Verify & collect information not limited to entity name, country of incorporation, nature of business, establishing UBO for existing clients to initiate KYC uplift review and raise an outreach requirement(s) if additional information is needed
• Conduct additional background research as appropriate, to help assess risk and mitigate AML Risk.
• Interpret evidence from multiple tools and systems to resolve legitimacy of customer behavior across multiple products
• Apply Client’s procedural framework and use your own knowledge to make risk-based decisions. If any information is incomplete or suspicious activities, you’ll be expected to create case for client outreach to refer further
• Should be well versed with regulatory requirements, policy & procedures and should be able to apply critical thinking
• Identify training gaps & needs and help the new joiners to grasp & implement process requirements
• Able to challenge status quo and identify, recommend & implement process efficiencies

Qualifications we seek in you

Minimum qualifications

• BBA/MBA/B.Com/M.Com with good domain knowledge
• Preferred ACAMS or similar AML/KYC certification completed per industry standards

Preferred Skill-sets

• Good understanding of AML/ KYC acquired working in a similar role within the institutional or corporate banking
• Preferred experience in Customer Lifecycle Management i.e. Onboarding, Product Fulfillment, KYC, Screening, Off boarding etc. (prefer 2-4 years of exp)
• Good understanding of complex customer types - Companies, Trusts, Partnerships, Associations etc.
• Sound knowledge of Banking / Capital Markets products, processes and technology platforms
• Problem Solving and Decision Making
• Proficient with Microsoft Office applications (Word, Excel, PowerPoint)
• Proven focus on quality along with an ability to read, understand and enforce to procedures

Ability to share feedback in a positive manner. Must be flexible to any shift