Know your Client

Job Description

Job Title - KYC AnalystLocation - MumbaiRole DescriptionKnow Your Client (KYC) is responsible for ensuring client onboarding and ongoing expectations are in line with regulatory standards and jurisdictions. Work includes: •analysing information for close/open account determination •Taking appropriate correctiveaction through client contact to verify legitimate usage •Providing review and analysis of risky or exception conditions •Providing regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering (AML) and Anti Financial Crime(AFC) areas and ensures any changes required are implemented with minimum disruptions What well offer youAs part of our flexible scheme, here are just some of the benefits that youll 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

• 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 DBs Global Compliance requirements, specific country KYC & regulatory requirements according to booking location, and Key Operating Procedures
• Manage Service Delivery Center in offshore location to complete requests on time from end to end perspective.
• 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 DBs 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.
• Rollout of any new KYC Policy / Regulations and also proper understanding of the same within the team and stakeholders. For the delivery of high standards of client service, at the same time ensuring that all internal (e.g. Risk) and external (e.g. Compliance)standards requirements are met in full, utilizing the combination of resources managed as a single COB team.
• Optimal management of resources, facilitating cross training, ensuring appropriate coverage to maintain throughput.
• Work in a high-pressure and time-sensitive environment.
• Perform quality checks to ensure that defined guideline is adhered for excellent QA scores.
• Work as the process owner and ensure end to end management of all activities associated with the process.
• Monitor capacity utilization within teams and allocate resources.
• Effectively manage risk and foster an environment where team is fully aware of Operational Risk management.
• Prioritize tasks and ensure adherence to timelines for completion of activities
• Initiate and lead change management initiatives within the team
• Ensure structured upward & downward communication

Your Skills and Experience

• The role is an end to end KYC expert (maker) role and requires the candidate to focus on all aspects of KYC and adhering to quality standards
• Knowledge of local KYC regulations - RBI and SEBI KYC regulations and also of the global policies pertaining to adoptions at product level.
• KYC Maker function and liaising with different parties including Relationship Managers, Sales and Compliance to resolve issues.
• Good communication skills - oral and written Good knowledge of handling excel spreadsheets and data slicing/dicing.

How well 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 teamsPlease visit our company website for further information: https://company/company.htmOur values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teamsto drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer. We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and arecommitted to providing a working environment free from harassment, discrimination and retaliation. Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.