Hiring for AML/KYC Specialist Global Bank – Mumbai
Description
We are hiring for an AML/KYC Specialist position with a leading global bank in Mumbai. The role requires expertise in Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Periodic Reviews to ensure compliance with financial regulations and risk mitigation practices.
Responsibilities
Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)
- Conduct in-depth KYC/CDD reviews for new and existing clients, ensuring compliance with regulatory guidelines.
- Perform EDD on high-risk customers, gathering additional information to assess potential risks.
- Identify and escalate red flags or discrepancies in customer profiles.
Periodic Reviews & Compliance Monitoring
- Conduct periodic KYC and AML reviews for existing clients, ensuring updated documentation and risk assessments.
- Analyze customer transactions and financial activities for any suspicious patterns.
- Ensure adherence to global and local AML regulations, FATF guidelines, and banking compliance frameworks.
Risk Identification & Reporting
- Monitor high-risk accounts and escalate any suspicious activities to relevant compliance teams.
- Assist in the preparation and submission of Suspicious Activity Reports (SARs) and other regulatory filings.
- Collaborate with internal stakeholders to implement best practices in financial crime prevention.
Qualifications & Requirements
- 4-7 years of experience in AML/KYC, financial crime compliance, or related roles.
- Strong knowledge of CDD, EDD, transaction monitoring, and AML regulations.
- Experience in handling periodic KYC reviews for corporate and retail banking clients.
- Understanding of global compliance frameworks and risk assessment methodologies.
Why Join Us?
- Work with a leading global bank and gain international exposure in AML/KYC compliance.
- Competitive salary and career growth opportunities in the financial sector.
- Hands-on experience in regulatory compliance and risk mitigation.
