Logo of Huzzle

Associate, Anti Money Laundering/Prevention/KYC Representative I

image

BNY Mellon

1mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Legal
    Banking & Finance
  • Chennai

AI generated summary

  • You need 3-5 years of AML/KYC experience, at least a high school diploma, and a postgraduate degree.
  • You will prepare and review client risk profiles, conduct due diligence, engage with stakeholders, and guide junior staff on AML/KYC processes and escalated issues.

Requirements

  • 3-5 years of AML/KYC work experience Required
  • High school/secondary school or the equivalent combination of education and experience is required; Post Graduate degree is Must.

Responsibilities

  • Prepares detailed risk profiles for complex clients and conducts periodic reviews of client profiles for renewal. May provide guidance to AML/KYC/Prevention support staff.
  • Gathers information from independent research, online tools or directly from the relationship manager or client in order to populate risk profiles for new or existing clients. Performs due diligence to ensure accuracy of information. Reviews profiles for renewal process. Reviews work of others.
  • Uses developed communication skills to engage in routine conversations with internal stakeholders and complex external clients in order to support an accurate data-gathering process and resolve any open issues.
  • Reviews standard profiles that have been flagged and escalated for additional review through QSS real time scans or escalated OFAC Sanctions alerts received on transactional reviews.
  • Provides guidance to less experienced AML/JKYC/Prevention support staff.

FAQs

What is the job title for this position?

The job title is Associate, Anti Money Laundering/Prevention/KYC Representative I.

Where is this position located?

This position is located in Pune and operates in a hybrid format.

What are the primary responsibilities of this role?

The primary responsibilities include preparing detailed risk profiles for complex clients, conducting periodic reviews of client profiles, gathering information for populating risk profiles, reviewing flagged profiles, and providing guidance to less experienced staff.

What is the required experience for this position?

3-5 years of AML/KYC work experience is required for this position.

What is the educational requirement for applicants?

A high school/secondary school diploma or equivalent, along with a post-graduate degree, is required for this role.

Are there opportunities for career advancement in this position?

Yes, there are opportunities for career advancement, as the role involves providing guidance to less experienced AML/KYC/Prevention support staff.

What kind of training or support will I receive in this role?

You will receive guidance and support from internal stakeholders and more experienced staff to enhance your skills and knowledge in AML/KYC practices.

What awards has BNY received recently?

BNY has received multiple awards, including America’s Most Innovative Companies, World’s Most Admired Companies, and a 100% score on the Human Rights Campaign Foundation's Corporate Equality Index.

What benefits does BNY offer?

BNY offers competitive compensation, benefits and wellbeing programs, flexible global resources, generous paid leaves, and access to tools to support health and financial goals.

Is BNY an equal opportunity employer?

Yes, BNY is an Equal Employment Opportunity/Affirmative Action Employer, supporting underrepresented racial and ethnic groups, females, individuals with disabilities, and protected veterans.

Consider Everything

Finance
Industry
10,001+
Employees
1784
Founded Year

Mission & Purpose

Established in 1784, BNY Mellon is America’s oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $46.9 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of June 30, 2023. BNY Mellon has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.