Business Operations Specialist
2 weeks ago
At Genpact, we're harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. As a Business Analyst, KYC/AML, you'll be part of a startup spirit and 90,000+ curious and courageous minds who have the expertise to go deep with the world's biggest brands—and we have fun doing it.
About the Role
We're inviting applications for this exciting opportunity to join our team as a Business Analyst, KYC/AML. In this role, you will conduct periodic KYC refresh for institutional clients of a global investment bank which includes but is not limited to conducting an assessment of all documentation as per specific entity type and policy / jurisdiction.
Key Responsibilities
- Review institutional entities like PIV/PHC, Private Corporation, Mutual Funds, Hedge Funds, Broker/Dealer, Regulated Investment Manager, Collective Investment Schemes (CIS) etc. as per policy / jurisdiction for all KYC / CDD documentation
- Conduct open source search to find substantial KYC data / documents as per entity type, risk and country specific standards
- Perform due diligence of documents according to business, entity and product matrix, including non-documentary verification
- Review conducive ownership (BO) and key controller according policy and screen for sanctions and adverse media
- Capture information and documents from internal system / teams as per established norms of bank to complete the KYC documentation per policy
- Initiate and coordinate client outreach to fetch client documentations
- Build a 'gap' assessment letter to summarize all missing documentation of institutional client for further to be released to client as per Global, Country and Business Unit specific KYC Procedure and further resolved by client sensitivity
- Conduct false positive analysis on matches identified for counterparties alerted during watch list, sanctions and adverse media screening
- Mitigate or call out true hits for AML adverse concerns and liaise for further action
- Post documentation receipt further assess status of KYC refresh as per 'gap' letter and further coordinate for missing documents
- Close Interaction with Customer/business as an SME in the area of AML / Compliance
- Adherence to the critical metrics and business SLA's is mandatory
- Responsible for preparing and reporting out their own SLA's.
Qualifications We Seek
- University graduate in any subject area
- Sound business communication (in English) is must have
- CAMS certified will be preferred
- Good experience in MS-Office applications like Excel, Word, Power point, Outlook etc
- Experience on tools like World Check, Banker's Almanac, Actimize, RDC, Lexis Nexis, Dow Jones and regulatory databases such as SEC Edgar search, Form ADV, FINRA, Company House and other local regulators and company registries
- Exposure to AML with Institutional clients / Investment Banking and products
The estimated salary for this role is $85,000 - $115,000 per year, depending on location and experience. Please note that this is an estimate and may vary based on individual circumstances.
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