Company Name: HSBC
Position:Associate – KYC Role
Education:B Com, MBA/PGDM, M.Com, CS
Experience:0 to 4 yrs.
The role encompasses a number of tasks involving KYC (know your Customer) analysis across multiple business lines and ensuring AML Regulations, policies/procedures are maintained and adhered to.
-This role also involves liaising with the business partners as well as colleagues and senior onshore partners thus ensuring timely resolution of queries.
The following responsibilities are applicable:
-Production of KYC profile to the highest quality standard & in line with the latest policies and procedures.
Individuals are required to keep themselves updated on the latest procedural/ policy changes across all streams.
-Obtain & update all missing client documentation from client (with the help of the RMs / CLG) Sourcing & updating accurate and relevant client data from the internet & or other bespoke information providers.
-Following up on client profiles(In line with the latest escalation matrix) & making sure that all levels of signoff in line with latest Id matrix
-Take complete ownership of any profiles/tasks that have been assigned until stage of completion.
-This could be a new request or a request or work item that has been reassigned.
-Communicate clearly in writing with team members, Compliance, RM/GBM as required (Customer)
-Ensure one meets the set productivity target and Quality target month on month
-Profiles to be sent for audit (after receiving all information) within standard timelines that have been defined.
-Interfacing with Client Liaison Group, Compliance, Front Office and Relationship Managers where applicable especially on matters that involve escalation of pending and ageing profiles.
-Timely and accurate updating of the management information and / or control sheets as advised.
-Proactive and responsible approach to urgent requests and queries from onshore.
-Meet the needs and expectations of customers by ensuring that escalations and complaints are handled in a timely and appropriate manner.
-Develop and maintain excellent professional relationship with all stake holders.
-Proactively and constantly up skill oneself by getting adequate training from a client due diligence perspective.
-Ability to handle process initiatives like UAT, assessing and delivering the impact of policy changes, process re-engineering and perform the role of an SME going forward.
-Excellent understanding of KYC, financial regulatory environment and AML risk implications
-Thorough understanding of legal structures of various client types: financial institutions, corporate, quoted companies, private companies, funds, SPVs etc .
-Proven skill sets in analysing implications of mergers and acquisitions on legal identities & ownership structures of Corporate, FIs & Funds .
-Sound knowledge of financial regulatory requirements .
-Ability to interpret complex changes in regulatory guidelines and assess impact .
-Excellent communication skills .
-Team player and ability to manage people and performance .
-Ability to work well under pressure with high degree of accuracy .
-Good understanding of MS office and proven skills on banking platforms .
Additional Information / Specific Skills (If Any):
-Minimum Qualification: Graduation
-Flexibility to work in different shift timings
-Graduation in Commerce/Finance or equivalent would required
-Qualifications in finance, MBA (finance)or professional courses e.g. CFA, CS, Masters in Finance etc.
would be an added advantage.
HSBC is one of the world’s largest banking and financial services organizations, with around 6,600 offices in both established and faster-growing markets. We aim to be where the economic growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people to fulfill their hopes and realize their ambitions. We serve around 58 million customers through our four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets & Global Private Banking.
How to Apply: