Manager- Compliance (KYC) Investment Bank

RIverForest Connections Private Limited
  • Mumbai
  • Confidential
  • 5-10 years
  • 11 Aug 2015

  • Compliance/ Regulatory

  • Investment Banking, Banking - Corporate
Job Description

Role & Responsibility

1. KYC Training

In-depth and current knowledge of the KYC Rectification process
Conduct process training for all new members
Knowledge of Corporate & Investment Banking KYC Policy and Procedures
Tools and applications used as part of the KYC Rectification process
Communicate the importance of data privacy and ensure compliance
Ensure all Regionals Statutory Declarations and Client Confidentiality agreements have been signed by all members of the KYC Rectification team
Conduct (Weekly / Bi-Weekly) Training assessments for all new members and publish scores to the Team Lead and Manager.
Get KYC forms and mandatory documents validated by Business Line / Coverage in charge.
Enrich and update various process related documents such as SOPs, Process Maps, Escalations Matrix, SIPOC, RACI Matrix, Skills Matrix and Process As Is Documentation.
Conduct refresher training for all members on any / all new updates or changes to the KYC Rectification process
Identify and provide proposals / recommendations to local Management on opportunities to bring about standardization across the various regions supported by the KYC Rectification team
Track and maintain reports pertaining to training hours completed by each individual of the KYC Rectification team which will include; Class Room training, online trainings, all trainings conducted by L&D, Compliance and global teams
Ensure real-time knowledge transfer and communication within the teams to mitigate any gaps in training and understanding of the process requirements
Communicate within the team, Compliance, the business and IT

2. Other Functions

Active participation in regular review of operational procedural changes /requirements during processing functions / staff meetings
Active participation in Projects / System Changes / UAT / new system implementation when required.

Desired Candidate Profile

Minimum 5 years of experience in a Compliance / KYC role with an Investment Bank
Team management experience
Excellent communication skills is a pre-requisite, should be able to communicate with various internal and external stake holders
Strong knowledge on Microsoft Office (Excel, PowerPoint and Word)
Team player with eye for detail
Adaptable flexible approach to the working environment, should be able to handle training logistics

Qualifications and Experience:

University Graduate
5 years experience in Banking Industry / Min. 1 years in banking/due diligence on boarding related activity or relevant experience
Strong knowledge of the on-boarding/ KYC process for CIB
Strong knowledge of the global and local regulations regarding company structures, AML and financial markets

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