Executive - KYC Operations

Job Description Part of NIUM, one of the well-known B2B payments unicorn in Southeast Asia. Instarem has been on a mission of making international payments easy and affordable for everyone since 2014. We are the go-to solution for businesses that need to move money quickly, reliably and at a lower cost than banks. Instarem is on a mission to make money simple for everyone. We offer a smarter, faster, and more affordable way to move money across borders. A way without unfair exchange rates, hidden fees, or other complexities. With Instarem, you get peace of mind knowing your money is moving quickly and safely. Part of Nium, Instrarem India Pvt. Ltd., gives you all the benefits of a cutting-edge payments company and the convenience of a one-stop-shop for all your financial needs abroad. We are an authorised Dealer in Foreign Exchange Category II. Easily and securely make international payments with our fast and convenient services. Consumers can buy foreign currency, travel cards, and transfer money abroad. With Instrarem India Pvt. Ltd., one can - Send money oversees and experience fast, low-cost transfers to 60+ countries - Buy and Sell Foreign Exchange at great rates and low fees - Buy prepaid Forex Cards for seamless payments overseas About the Role: We are seeking a Detail-Oriented KYC Executive to join our Remittance Operations team. The role involves performing thorough due diligence and enhanced due diligence reviews on clients to ensure full compliance with regulatory standards. The KYC Executive will also support the Remittance Operations team in assessing potential client risks and upholding the integrity and compliance of our overall operations. Roles and Responsibilities - Perform comprehensive due diligence and enhanced due diligence on new and existing customers in line with regulatory requirements and internal policies - Analyze customer information to identify potential risks or suspicious activities and escalate findings appropriately - Ensure accurate and timely completion of KYC documentation while maintaining well-organized and up-to-date records - Collaborate with internal teams to enhance and streamline KYC processes, policies, and control - Stay informed of regulatory updates, compliance requirements, and industry best practices to ensure ongoing adherence - Maintain accurate accounting records related to remittance operations - Support statutory, internal, and tax audit processes by providing relevant documentation and information - Assist the Operations team with management reporting, MIS preparation, and variance analysis - Ensure proper documentation and record-keeping for compliance and audit readiness - Provide operational and documentation support during audits and management reviews Requirements - A minimum of Bachelor's degree or equivalent qualification in any discipline - 13 years of experience in KYC, AML, or compliance roles within the financial services or remittance industry - Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint) - Strong organizational and time management skills - Excellent verbal and written communication abilities - Proactive, analytical, and solution-oriented approach to problem-solving and risk management What we offer at Nium We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work. We Care: The wellness of Nium'ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible hybrid working environment (3 days per week in the office). We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend. We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities. Check out CNBC World's Top Fintech Companies 2024. We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more We Thrive With Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone. For more detailed region-specific benefits: https://www.nium.com/careers#careers-perks For more information visit www.nium.com Depending on your location, certain laws may regulate the way Nium manages the data of candidates. By submitting your job application, you are agreeing and acknowledging that you have read and understand our Candidate Privacy Notice located at www.nium.com/privacy/candidate-privacy-notice.