AML KYC Analyst

AML RightSource

0 Years

Not disclosed

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Posted: 23 Apr 25

Job Description

Exciting Career Opportunity for Freshers!

Overview

An AML (Anti-Money Laundering) KYC (Know Your Customer) Analyst plays a critical role in the financial services industry by ensuring compliance with regulatory requirements and internal policies to prevent illegal activities such as money laundering, terrorist financing, and fraud. This position involves reviewing and verifying client information, conducting due diligence, and maintaining accurate and up-to-date records in accordance with regulatory standards.

The AML KYC Analyst is a key line of defense against financial crime and is responsible for safeguarding the integrity and reputation of the financial institution. This role requires a high level of attention to detail, strong analytical skills, and in-depth knowledge of relevant compliance regulations and risk management practices.

Key Responsibilities

Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD): Perform thorough due diligence on new and existing customers by collecting, verifying, and analyzing identity documents and financial information. Determine the risk level of each client and apply appropriate due diligence measures.
KYC Onboarding and Periodic Reviews: Facilitate onboarding processes by conducting KYC checks for individuals and entities. Periodically review and update client records to ensure continued compliance with KYC requirements and internal risk policies.
Sanctions & Watchlist Screening: Screen clients against global sanctions lists, politically exposed persons (PEP) lists, and adverse media. Escalate any matches for further investigation or compliance review.
Transaction Monitoring Support: Collaborate with the AML transaction monitoring team by flagging and investigating unusual or suspicious activity. Assist in preparing reports for internal use or external regulatory filings (e.g., SARs – Suspicious Activity Reports).
Document Management: Ensure all client documentation is accurate, complete, and stored in accordance with internal standards and regulatory requirements. Maintain audit-ready files and support internal and external audit processes.
Risk Assessment: Assess customer profiles and associated risks based on industry type, geography, business structure, and transaction behavior. Make informed decisions about onboarding or retaining high-risk clients.
Reporting & Escalations: Prepare clear and concise documentation for cases requiring further investigation or escalation to the Compliance or Risk Management teams. Participate in compliance meetings and contribute to policy discussions where necessary.
Regulatory Compliance: Keep up to date with regulatory changes and best practices related to AML, KYC, FATCA, CRS, and other global compliance frameworks. Implement necessary changes in day-to-day operations as regulations evolve.
Collaboration & Communication: Work cross-functionally with compliance officers, legal teams, relationship managers, and operations teams to ensure seamless compliance processes and address complex cases.

More information about this AML KYC Analyst Job

Please go through the below FAQs to get all answers related to the given AML KYC Analyst job

What are the job requirements to apply for this AML KYC Analyst job position?
- Ans: A candidate must have a minimum of fresher as an AML KYC Analyst

What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com, BA, M.Com, MA, BCA, BE/B.Tech, MBA/PGDM, MCA, MSc, PG Diploma, MBE
What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
This AML KYC Analyst is a work from home job?
- Ans: No ,its not a Work from Home Job.
How many job vacancies are opening for the AML KYC Analyst position?
- Ans: There are immediate 1 job openings for AML KYC Analyst in our Organisation.