VP/AVP - Client & Data Services/Client On Boarding - SME - Global KYC Policy

VP / AVP - COB, KYC, AML

Role title : KYC Policy SME

Purpose of the role : Client and Data Services / Client On Boarding KYC Policy SME within the Global KYC Policy function

Location : Bangalore

Shift : UK Shift

Role reference Acts as a subject matter expert for KYC Policy. The Expert role focuses on having in-depth knowledge and understanding of global regulation and related policy requirements, maintain global and local procedures & support Client on boarding to implement the procedures laid. The role would evolve towards a service delivery focus as part of the global policy management function for COB.

Objective : The global KYC policy function has been established to support the Client Onboarding organization with the management of policy related matters including :

- Ongoing maintenance of global and local procedural standards (KOPs)

- Primary interface with local, regional and global Compliance functions especially AFC (Anti-Financial Crime)

- Prospective assessment of upcoming regulatory changes and partaking in policy development

- Support to various change / project activities as policy and procedures stakeholder

The policy function has a central component based in London and supports service delivery out of the regional hubs (New York, Frankfurt, Singapore) and the Service Delivery Centre in India.

The KYC policy SME role is to provide support to each of the regional and SDC KYC policy Leads.

Key responsibilities of the role :

In the context of the roll out of the global KYC program the role is expected to be heavily focused on change / transformation in the first year. Shall then evolve as part of the global policy management function for COB.

Service Delivery :

- Supports regional policy Lead with ongoing local policy changes and management of the network of SME in country

- Interfaces on a day-to-day basis with local and regional AML / Compliance functions

- Provides ongoing support to in-country / in-region SMEs on the application of global policy standards

- Participates in the global development of KYC standards and guidance change

Supports regional implementation of new KYC standards under the KYC Program which includes:

- 2nd level of escalation / support on policy matters post assessment by implementation teams

- Ongoing SME advice to COB SMEs

- Interface with central policy implementation team in London for global guidance and support

- Participates in change / transformation initiatives and working groups as COB policy stakeholder both at regional and global levels

Role interactions :

- COB in-country or in-region SMEs

- Local and regional AML and Compliance functions

- COB Business Transformation teams

Role requirements :

- Professional degree or comparable professional training with 12+ years experience in corporate investment banking environment

- KYC / AML Compliance experience required at operational management and advisory. Prior experience in risk and control, Compliance advisory roles would be an advantage

- Comprehensive understanding of the dynamics of financial regulation, policies, assessing control processes.

- Ability to draft policy standards and implementing new procedures and standards.

- Solid knowledge of the fundamentals of Anti Financial Crime and conduct of business regulations

- Control mindset coupled with strong communications & relationship building skills,

- Excellence in stakeholder management.

- Ability to understand and deal with issues in depth

- Innovative minded and ability to create consensus around solutions

- Ability to work to high standards under strong time constraints