Kyc New Client Adoption

**Job Title - Know Your Client (KYC) Analyst** **Location - Mumbai** **Role Description **KYC Document Verification & Onboarding of Clients on DB Applications as per the Regulations. In accordance with Anti-Money Laundering Requirements, Banks, such as Deutsche Bank AG ("DB"), are obliged to perform Know-your-client (“KYC”) reviews on all new clients they adopt. Client Onboarding team is responsible for these checks and reviews are made in strict accordance with regulatory requirement and the bank’s internal policies and local regulations. Client Lifecycle Management (CLM) comprises of Client On-boarding and Account Maintenance and Reference Data Services (RDS). The group provides operational services across the Corporate Investment Banking clients globally, which enable client business, protect against client lifecycle risk and drive up data standards within the firm. CLM play an integral part in the firm’s first line of defence against financial crime, reducing the risk of working with new clients, whilst ensuring client relationships are on-boarded and maintained efficiently. RDS provide a golden source of quality reference data across the Bank, underpinning the firm’s key Regulatory, Control & Governance standards. **What we’ll offer you** As part of our flexible scheme, here are just some of the benefits that you’ll enjoy - Best in class leave policy - Gender neutral parental leaves - 100% reimbursement under childcare assistance benefit (gender neutral) - Sponsorship for Industry relevant certifications and education - Employee Assistance Program for you and your family members - Comprehensive Hospitalization Insurance for you and your dependents - Accident and Term life Insurance - Complementary Health screening for 35 yrs. and above **Your key responsibilities** Client Onboarding provides comprehensive Know Your Client, New Account Opening, Client Reference Data Analysis and Services and Data Management solutions within relevant DB systems for Global Markets (GM), Global Transaction Banking (GTB), and Corporate Finance (CF). The KYC Client Onboarding role will involve: - To perform all new client adoption/ existing client extension/ account amendment across multiple products, different business lines i.e. GM, GTB, CF, and different DB locations. - Perform first screening on documentation to ensure client adoption adheres to DB’s Global Compliance requirements, specific country KYC & regulatory requirements according to booking location, and Key Operating Procedures - Pro-active follow up and manage expectation with different parties including Relationship Managers, Sales, Compliance; stay on top of the status. - Mange and escalate issues on a precise, timely manner, identify root cause, and come up resolution. - Updates in SharePoint to track open client requests, new reference mappings and also counterparty creations, ensuring storage of appropriate mapping references in DB Central systems - Upload client documentation into DB’s centralized document repository systems, archive the original documentation. - Ensure all account opening with conditional approval and exception approval are completed before expiry. - Keep track on various MI to ensure no aging items. - Work on data clean up initiatives, remediation, re-engineering projects and perform any required outreach to counterparties. - Ensure that there are no Critical Audit Points as a result of Regulatory or Internal Audits. - Work in a high-pressure and time-sensitive environment. - Prioritize tasks and ensure adherence to timelines for completion of activities Ensure structured upward & downward communication **Your skills and experience** **Communication and Reasoning skills** - Good communication skills to communicate at all levels - Biz, Client, Regional & stakeholder management across Operations Units and DBOI. - Customer oriented while control will not be compromised **Soft Skills** - Ability to work independently and in teams taking ownership. - Flexible, able to adapt change, and open minded **Technical skills** - Hands on experience in using Internet and repository websites. - MS Office expertise - Ability in formulating search criteria and expertise in web search techniques - Expertise on internal systems and resources. - Attention to details and quality. **Logical reasoning and problem solving** - Proven ability to manage different stakeholders - Proven ability to manage multi tasks, aggressive deadline, work under high pressure - Ability to drive for result persistently - Ability to articulate issues on a structured manner, and identify root causes - Strong analytical/problem solving skills and ability to work under pressure - Willing to take ownership and work independently with mínimal supervision. - Ability to translate policies. Implement / review projects with checklist and DTP’s. **Experience/ Exposure** - Good in interpreting regulatory guidelines and assessing risk scores and entity type