Senior Associate - AML/KYC
Location: Bangalore
Department: Fund Services
Vacancy Type: Permanent
Work Timings: US Shift
Work Mode: Hybrid
Roles & Responsibilities:
Know Your Customer (KYC)/Anti Money Laundering (AML)
- Demonstrate comprehensive knowledge of KYC documentation requirements across a wide range of entity types, including Individuals, Corporates, Limited Partnerships, Trusts, and other complex structures.
- Accurately process and record investor transactions, including subscriptions, redemptions, and transfers, ensuring all activities are completed in line with internal procedures and regulatory standards.
- Managing carried interest allocations and maintaining precise partner-level financial records, this function is essential for ensuring transparency, regulatory compliance, and accuracy in fund distributions and partner reporting across the firm.
- Maintain and update the investor register, ensuring all static data is accurate, complete, and up to date, while managing any changes in investor information in a timely manner.
- Ensure strict adherence to Know Your Customer (KYC) requirements by performing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) in accordance with applicable regulations and internal policies.
- Perform enhanced ongoing monitoring for high-risk investors, identifying unusual or potentially suspicious activities and escalating concerns as required.
- Conduct Anti-Money Laundering (AML) checks for both investors and funds, ensuring compliance with relevant regulatory frameworks and internal risk policies.
- Carry out due diligence procedures to verify the beneficial ownership structure and confirm that investors are acting on their own behalf and not for undisclosed third parties.
- Perform investor screening using risk intelligence tools, including sanctions screening and identification of Politically Exposed Persons (PEPs), in line with regulatory obligations.
- Execute periodic reviews and re-screening of investors to assess any changes in their risk profile and ensure ongoing compliance with AML/CFT standards.
- Conduct risk profiling of both funds and investors based on multiple parameters defined under AML/CFT guidelines, ensuring appropriate risk categorization and documentation.
- Monitor account activity to detect suspicious patterns or transactions, supporting the identification and reporting of potential financial crime risks.
- Respond promptly and effectively to queries from clients, investors, auditors, and internal stakeholders, maintaining a high standard of service and accuracy.
- Stay updated on evolving regulatory requirements, industry best practices, and AML/CFT developments within relevant jurisdictions, ensuring continuous compliance and process improvement.
You’re Profile:
- Any Graduates, master’s in finance.
- 5+ years of experience in AML/KYC, investor or client onboarding, financial services, or capital markets.
- Proven experience working across multiple countries within a global, multinational organization, preferably in a matrix structure.
- Demonstrated success in driving or supporting organizational change initiatives in a fast-paced environment.
- Strong problem-solving abilities with excellent verbal and written communication skills in English.
- Willingness to work in global shifts.
- ACAMS certification is an added advantage.
