Regulatory Control Specialist

4 weeks ago


Bengaluru, Karnataka, India F335 Deutsche India Private Limited, Bangalore Branch Full time

Job Title: Regulatory Control Specialist

Job Summary:

F335 Deutsche India Private Limited, Bangalore Branch is seeking a highly skilled Regulatory Control Specialist to join our team. As a Regulatory Control Specialist, you will be responsible for implementing and maintaining effective anti-money laundering (AML) and know-your-customer (KYC) controls to prevent financial crime.

Key Responsibilities:

  • Review and approve client escalations for remediation, regular review, new product extensions, and event-driven reviews within agreed service level agreements (SLAs).
  • Ensure generated client risk ratings are in line with expectations and procedures.
  • Assess risk factors identified through due diligence provided by client lifecycle management (CLM).
  • Apply subject matter expertise judgment to assess relevance and materiality of escalation triggers.
  • Engage with appropriate business lines and financial crime specialist teams where further escalation is required.
  • Liaise with CLM to obtain additional information or request additional research where required.
  • Ensure outcomes and rationales are clearly documented within KYC systems and/or escalated for further guidance.
  • Ensure KYC reviews are in line with key operating procedures (KOPs) guidelines and processes.

Requirements:

  • Graduate with any stream and at least 6-7 years' experience in AFC or a related control function within an international organization/bank in the financial services industry with extensive experience with the KYC process.
  • Strong understanding of AFC risks and typologies to identify areas or instances of potential AFC risks and address them appropriately.
  • Experience of relevant regulations/laws and related circulars.
  • Financial crime function expertise and considered a subject matter expert (SME) in the financial crime area on relevant laws and regulations.

What We Offer:

  • Training and development to help you excel in your career.
  • Coaching and support from experts in your team.
  • A culture of continuous learning to aid progression.
  • A range of flexible benefits that you can tailor to suit your needs.


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