JOB DESCRIPTION
Title: Associate (Junior level)
Department : Escrow & Settlements - GCM
Location : Bangalore, India
Vacancy : Permanent
KYC Associate will be part of the Central AML/KYC team, providing support in performing AML/KYC analysis, client outreach, client onboarding, periodic review, screening, CDD for client entities, participants, shareholders, and other relevant parties.
Your Responsibilities
- Responsible for identification and verification of KYC documents as per AML/KYC policy and procedures
- Responsible for performing high quality review of KYC information ensuring that the client onboarding / acceptance reviews have been completed in line with applicable laws, regulations and company policies and procedures.
- Responsible for ensuring that set targets are met.
- Make sure all risk factors are identified in the client profile and the risk rating is accurately calculated.
- Responsible for overall client acceptance / periodic review file, both from process management and quality perspective
- Updating all relevant systems and applications, in accordance with applicable policies, procedure and work instructions.
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Activities
- Client onboarding of Escrow & Settlement Services clients based on the relevant policies and regulatory requirements.
- Client acceptance KYC review and CDD for client entities, participants, shareholders, and other relevant parties.
- Ownership drilldown, identifying intermediate beneficial owners, ultimate beneficiary owners, controlling parties and other relevant parties
- Performing screening on all identified relevant parties and identifying PEP, Sanctions associated risks.
- Should be able to identify the Risk factors present in the client profiles and be able to articulate effective financial crime risk management and be able to communicate effectively internal stakeholders.
- Meet the required quality standards for KYC reviews.
- Support implementation of any new compliance related policies, procedures, and programs.
- Ensuring adherence to all company policies, procedures and programs and maintaining knowledge on applicable escalation route in case of (potential) non-compliance.
- Advocating and practicing the Compliance Mindset.
Your Profile
- Minimum of 2 years of relevant compliance experience in industry and/or professional practice
- 3-year degree in Administration/Commerce/Law or any related field
- Excellent fluency in English, both verbal and in writing
- Analytical capabilities - able to review information and write assessments.
- Knowledge of corporate structures is preferred.
- Legal background is required.
- Understanding of AML, CFT, and sanctions risks is preferred.
- Work in line with internal procedures and under the guidance of the Manager.
- Flexible to adopt to the business timings irrespective of base location.
ABOUT US
CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®
CSC is committed to creating a diverse and growth-oriented environment where everyone is valued and respected. CSC offers challenging career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers.
Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.
CSC takes pride in finding and qualifying people through an internal sourcing model. We encourage candidates to apply directly to our website and not through third party sources. CSC only accepts resumes from employment agencies who are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC.
Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.