Job description:
The AML KYC department provides a Customer Identification Program (CIP) and Customer Due Diligence (CDD) service to State Street’s Business units spread across globally. The department is tasked with procuring Client Identification document, validating the requirements as per the requirement matrix. The team’s primary responsibility is to support the Business Units in onboarding the customers as per the agreed timeline and periodically review the existing customers as per their Risk Rating. The team will collaborate with FIU, Compliance, all Lines of Business Units and KYC Shared Services in order to comply by the AML policies and requirements.
The team, which is based in Hyderabad & Bangalore, India, is responsible for collecting and analyzing client data, documents and publicly available information on State Streets’ new and existing clients to comply with firm’s AML/KYC Policy and Procedures. The team is, further, responsible for ensuring that all existing clients of State Street are renewed in accordance with firm’s AML/KYC Policy and Procedures
Roles & Responsibilities :
The AML KYC department provides a Customer Identification Program (CIP) and Customer Due Diligence (CDD) service to State Street’s Business units spread across globally. The department is tasked with procuring Client Identification document, validating the requirements as per the requirement matrix. The team’s primary responsibility is to support the Business Units in onboarding the customers as per the agreed timeline and periodically review the existing customers as per their Risk Rating. The team will collaborate with FIU, Compliance, all Lines of Business Units and KYC Shared Services in order to comply by the AML policies and requirements.
The team, which is based in Hyderabad & Bangalore, India, is responsible for collecting and analyzing client data, documents and publicly available information on State Streets’ new and existing clients to comply with firm’s AML/KYC Policy and Procedures. The team is, further, responsible for ensuring that all existing clients of State Street are renewed in accordance with firm’s AML/KYC Policy and Procedures
Roles & Responsibilities :
- Graduate and above preferably in Finance
- Overall experience of 2.5 years or minimum of 18 months as Associate 2 in State Street
- Subject Matter Expert perform to perform screening reviews on sanctions/OFAC, PEP/Negatives news materiality & AML entities.
- Must have good knowledge of Firco Trust, Prime, Worldcheck & KYC applications.
- Ability to perform testing on the existing & new feeds of the screening applications & report issues actively
- Ability to engage with colleagues from different State Street sites and locally
- Ability to perform tasks effectively to strict deadlines
- Must have skills in reporting/work allocation and other metrics data
- Teamwork and collaboration skills: ability to work effectively with others to enhance team efficiency and quality outcomes.
- Must have percentage of quality min of 99%.
- Ability to communicate confidently, efficiently and clearly in both written and verbal forms
- Should be flexible with shifts (including night shifts)
Source link
