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Citi

Runs banking and payments for global clients

KYC Operations Analyst 1

Financial Crime & AMLUpdated on Nov 9
Full-timeMumbai, Maharashtra, IndiaNo salary listed

About the Job

Requirements

  • Demonstrated understanding of core artificial intelligence concepts, including machine learning, and generative AI, and their potential impact on the business.
  • The ability to identify and articulate opportunities for leveraging AI technologies to solve business problems and improve processes.
  • Strong Negotiations skills
  • Excellent written and verbal communication skills.
  • Customer Services oriented
  • Ability to develop strong professional relationships
  • Strong research skills
  • Accuracy and strong attention to detail
  • Ability to work well under pressure and tight time frames
  • Pro-active, flexible, have good organizational skills and must be team player.
  • Ability to work in a dynamic environment
  • 1 – 3 years’ experience in banking, finance, or law
  • Experience in control/risk or Compliance (AML/KYC) function (an advantage)
  • Knowledge of European Union regulatory KYC/AML requirements
  • Flexible enough to work as per Business timings.
  • Previous relevant experience preferred
  • Bachelor's degree/University degree or equivalent experience
  • ACAMS certified (an advantage)

Responsibilities

  • Create the KYC Record in the KYC system sourcing information from internal and external sources by the agreed deadline
  • Proactively interact with relationship management teams and compliance to update system with information until final approval of KYC Record
  • Review information from internal and external sources for company news (Firm website, Regulatory websites, Company website, Dun & Bradstreet, Google etc.)
  • Validate the information within the KYC Record and CIP document to ensure completeness and accurate (Company/Entity Formation documents, Ownership, Management, etc.)
  • Complete KYC Record incorporating local regulatory requirements / Global BSU Standards and policies
  • Take responsibility for KYC Record and associated documentation completion from initiation to approval
  • Maintain BSU tool current and be able to demonstrate work carried out
  • Report workflow progress to supervisor
  • Ensure KYC workflow tool is kept up to date, ensuring all mandatory fields, status and commentary reflect an accurate representation of the status at all times
  • Meet agreed daily targets for KYC Record review and completion within agreed Service Level Agreement timeframes
  • Update workflow database regularly throughout the day
  • Highlight any discrepancies to Senior Case Managers, Control Team and Section Managers
  • Escalate any negative news and high-risk cases to RM/PAM/AML Compliance department
  • Assist in departmental projects as required

Desired Qualifications

  • ACAMS certified (an advantage)

About the Company

Citi

Runs banking and payments for global clients

Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1812

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