Head - Compliance - BFSI

Job Purpose:

- Responsible for the implementation & on-going management of the Corporate Compliance Program & Data Privacy.

- Implementing the Compliance program framework relating to KYC, particularly with regards to Key Regulations and Regulatory Policies.

- Supporting the effective implementation of controls necessary to mitigate the regulatory policies

- Provide inputs, as needed, on implementation plans to address regulatory developments.

Key Responsibilities:

- Leading the compliance team which is responsible for

- Evaluating and approving member account documentations and supporting information in order to determine whether they satisfy the client registration identification requirements as per MyKycBank.com policies and procedures

- Reviewing of new & existing members/clients for status, data veracity and amendments, status, country of incorporation and assign appropriate remarks, approvals

- Conducting the background screening on the Client name & other officials- names with other third party databases

- Interact with the front office to ensure that proper documentation is obtained from the customer prior to profile approval

- Reviews and Approvals of Static Data Amendments for existing member information

- Preparation of Monthly / Daily Management Statistics and Dashboard

- Perform Due Diligence checks for member/clients

- Perform Quality Assurance of periodic KYC reviews

- Provide assistance for periodic PEP reviews

- Monitoring activities of unapproved/suspended clients

- Perform user acceptance tests for system enhancements

- Responsible for performing Client ID and AML functions.