Assistant Vice President - Client Due Diligence - Bank

AVP - CDD(Client due diligence)- MNC Bank - Mumbai

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

- Know Your Client, Client On-Boarding & Due Diligence from a Document Review perspective having good understanding of Local KYC, nuances of KRA and CKYC.

- 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

- Requests for Client Maintenance

- Review and work on Alert Management as part of continuous client screening

- Dissemination of accurate Management Information.

- 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:

- The ideal candidate will have an excellent command of the English language with strong written and oral communication skills and an ability to communicate and influence at all levels of the business.

- A very strong understanding on elements of Know Your client (KYC) and PMLA guidelines.

- Solid analytical skills with ability to prepare reports/resolve problems

- Operate effectively in a dynamic environment with tight deadlines, and can prioritize one's own work to achieve them

- Proven track record in Client Due Diligence, Business Process Design and Analysis

- Graduate /post graduate in any discipline with relevant experience in the area of Diligence and AML.