Job Title : KYC - Checker
Location : India-Mumbai
[Details of the Role and how it fits into the team]
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
reimbursement under child care assistance benefit (gender neutral)
Flexible working arrangements
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
The KYC Client Onboarding/Renewal 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
Manage Service Delivery Center in offshore location to complete requests on time from end to end perspective.
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.
Keep track on various MI to ensure no aging items
Your skills and experience
Hands on experience in using Internet and repository websites.
Ability in formulating search criteria and expertise in web search techniques
Expertise on internal systems and resources.
Graduate from recognized University with good academic qualifications
Diploma or Certification related to KYC / AML from reputed organizations will be added advantage.
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 minimal supervision.
Ability to translate policies. Implement / review projects with checklist and DTP’s.
How we’ll support you
Training & Coaching and support from experts in your team
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:
Our 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 teams to 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 are committed to providing a working environment free from harassment, discrimination and retaliation.