Citi

Runs banking and payments for global clients

KYC Operations Analyst 1 - Business KYC

Financial Crime & AMLConfirmed live in the last 24 hours

Full-timeIndiaNo salary listedHybrid

About the Job

Requirements

At least 4 years of relevant experience in Anti-Money Laundering (AML) and Know Your Customer (KYC) is required.
A Bachelor's degree or university degree, or equivalent experience, is required.
Knowledge of business acumen, credible challenge, laws and regulations, management reporting, policy and procedure, program management, referral and escalation, risk controls and monitors, risk identification and assessment, risk remediation, Know Your Customer (KYC), KYC documents, and KYC compliance is required.

Responsibilities

Assist with Anti-Money Laundering (AML) monitoring, governance, oversight, and regulatory reporting activities in coordination with the Compliance and Control team.
Assist with the development and management of Citi's internal Know Your Client (KYC) program.
Partner with Relationship Management and Compliance teams to prepare, develop, conduct due diligence on, and obtain approval for electronic KYC records and supporting appendices.
Create and maintain KYC records by obtaining information from internal and external sources, including firm and regulatory websites.
Partner with Relationship Management and Compliance teams to update system information from initiation through approval of KYC records and report workflow progress to a supervisor.
Validate information in KYC records and Customer Identification Program (CIP) documents to ensure completeness and accuracy.
Ensure KYC records incorporate local regulatory requirements and Global Business Support Unit (BSU) standards.
Maintain the BSU tool.
Assess risk appropriately in business decisions, considering the firm's reputation and safeguarding Citigroup, its clients, and assets.
Drive compliance with applicable laws, rules, regulations, and policies; apply sound ethical judgment; and escalate, manage, and report control issues transparently.

The KYC Operations Analyst 1 is an entry-level position responsible for participating in Anti-Money Laundering (AML) monitoring, governance, oversight and regulatory reporting activities in coordination with the Compliance and Control team. The overall objective of this role is to assist in the development and management of a dedicated internal KYC (Know Your Client) program at Citi.

Responsibilities:

Partner with Relationship Management and Compliance teams to assist with the preparation, development, due diligence and approval of the electronic Know Your Client (KYC) record and supporting appendices
Create and maintain KYC records by obtaining information from internal and external sources (firm website, regulatory websites, etc.)
Partner with Relationship Management and Compliance teams to update system information from initiation to approval of KYC record and report workflow progress to supervisor
Validate the information within KYC records and Customer Identification Program (CIP) documents to ensure completion and accuracy
Ensure KYC records incorporate local regulatory requirements / Global Business Support Unit (BSU) Standards
Maintain BSU tool
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

4+years of relevant experience in AML/KYC is required

Education:

Bachelor's degree/University degree or equivalent experience

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Job Family Group:

Operations - Services

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Job Family:

Business KYC

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Time Type:

Full time

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Most Relevant Skills

Business Acumen, Credible Challenge, Laws and Regulations, Management Reporting, Policy and Procedure, Program Management, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.

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Other Relevant Skills

Know Your Customer (KYC), Know Your Customer (KYC) Document, KYC Compliance.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.

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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