Job description 

Introduction:
This is an AVP role within Client Due Diligence Operations team of Wealth Operations to provide operational support to Private Bank India. 

What will you be doing?
•    Know Your Client, Client On-Boarding & Due Diligence from a Document Review perspective having good understanding of Local KYC, nuances of KRA and CKYC

•    Overseeing the check and challenge of the governance including financial crime risk and control frameworks laid out by local and Group Compliance Service teams

•    Fair knowledge of global diligence requirements including source of wealth, FATCA / CRS regulation & Client Money Asset standards
•    Accountable for managing and ensuring screening of prospects, clients and counterparties against various Screening tools.
•    End to End management of client Periodic and Trigger Reviews based on the Group policy requirements
•    Ensure day to day tasks are performed as per the agreed SLA and in controlled manner
o    requests for Client Maintenance
o    review and work on Alert Management as part of continuous client screening
o    dissemination of accurate Management Information.
o    support Group, Internal & Regulatory Audits
•    Oversee Maintenance of client data into various systems in compliance with group and local regulatory requirements
•    Support accurate and timely submission of applicable regulators reports
•    Work collaboratively within the definition of this role to support Business
•    Support product/Business management team in setting up any new operational processes for new products.
•    Recommend, Develop and Implement scalable solutions to drive process efficiencies & automation
•    Proactive identification of gaps in adherence of the Group CDD procedures and local process requirements and escalating it to the appropriate Senior Management forums or key stakeholders.
•    Raising ORAC for risk events and issue details identified within the CDD team and tracking them for closure
•    Drive Mind-set and People agenda (Skill matrix, cross training, citizenship, Colleague engagement forum)

What we’re looking for:
•    Graduate /post graduate in any discipline with relevant experience in the area of Diligence and AML.
•    Control Environment: Including risk management
•    Business Skills: Including deliver solutions and decision making
•    Personal & Interpersonal Skills: Including communication & influence and collaboration

Skills that will help you in the role:
•    Knowledge of the SEBI & RBI guidelines, equity products and emerging technologies and their applications will be an added advantage
•    Previous experience of supporting / leading on boarding teams in MNC banks
•    The ideal candidate will be focused on excellence and delivery, resilient and able to work with many and varied deliverables
•    Knowledge and understanding of operational risks, their origins and effects and the relevant, practical controls required to mitigate them.
•    High standards of quality and rigour are applied to all deliverables