Job Title: Know Your Client (KYC) Analyst, NCT
Location: Pune, India
Role Description
- In accordance with Anti-Money Laundering Requirements, Banks are obliged to perform Know-your-client (“KYC”) reviews on all new and existing clients. These checks and reviews are made in strict accordance with regulatory standards and jurisdictions and the bank’s internal policies..
- The KYC Analyst assists the bank’s clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures (‘SOP’s) and Operation Level Agreements (OLA’s) to achieve accurate and timely account opening of retail clients.
- The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation, performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements and signing off on new client adoptions.
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
- Responsible for verification of Client data
- Perform due diligence of new and existing Retail clients
- Verifying KYC documentation of the Clients to be adopted/reviewed
- Perform the risk assessment of the Client to be adopted/reviewed
- Signing off on new client adoptions and Regular reviews
- Manage New Client Adoption or Regular Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies
- Manage exception ensuring that all SLA’s defined with the Business on timeliness and quality are adhered
- Preparing timely reports and MIS for various stakeholders.
Your skills and experience
- Preferred 1 to 2 years of work experience in AML/KYC for Retail Clients/compliance within corporate financial services industry, Research/Analytics role in other Banks / KPOs.
- Understanding of Control, Compliance, Investigation/chasing functions in banks
- Familiar with AML/KYC regulations and industry guidelines
- Ability to interpret regulatory guidelines and assessing risk scores and entity types
- Ability to interpreting alerts
- Ability to identifying trends and inconsistencies
- Understanding of end to end KYC process
Communication and Reasoning skills
- Good German Language Skills Written & Verbal – B2.2 equivalent or above is preferable
- Good reading, comprehension, and critical reasoning skills
- Good analytical writing skills
- Good communication skills to communicate at all levels - onshore & stakeholders
Soft Skills
- Ability to work independently and take ownership
- Flexibility while handling multiple cases of varying priorities
Willingness to work in shifts
- Graduates with good academic records
- Exposure to draft procedures based on policies formulated by the Bank's AML Compliance departments.
How we’ll support you
- 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
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
Skills Required
- Graduate with a good academic record
- 1 to 2 years of work experience in AML/KYC for retail clients or compliance within corporate financial services
- Understanding of controls, compliance, investigation, and chasing functions in banks
- Familiarity with AML/KYC regulations and industry guidelines
- Ability to interpret regulatory guidelines and assess risk scores and entity types
- Ability to interpret alerts and identify trends and inconsistencies
- Understanding of the end-to-end KYC process
- Good German language skills, written and verbal, at B2.2 equivalent or above
- Strong reading, comprehension, critical reasoning, analytical writing, and communication skills
- Ability to work independently, take ownership, and manage multiple cases with varying priorities
- Willingness to work in shifts
- Exposure to drafting procedures based on bank AML Compliance policies
Deutsche Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Deutsche Bank and has not been reviewed or approved by Deutsche Bank.
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Healthcare Strength — Health coverage is positioned as comprehensive, spanning multiple medical plan options along with dental, vision, prescription coverage, life insurance, and disability protection.
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Leave & Time Off Breadth — Time away is described as generous, including annual leave, sick leave, public holidays, wellbeing leave, volunteering leave in some regions, and expanded bereavement leave in certain locations.
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Retirement Support — Retirement support is presented as a matched savings plan (401(k)), reinforcing longer-term financial security as part of the rewards package.
Deutsche Bank Insights
What We Do
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