Job Description

THIS JOB IS FOR FRESHERS ONLY Inviting applications for the role of Process Associate Banking Financial Crime & Fraud Your role will be responsible for opening, amending, reviewing exciting clients according to established policies and procedures. Role & responsibilities : Drafting appropriate client due diligence / transaction monitoring / regulatory requests responses Carrying out conflicts searches, assessing the results and advising on implementing safeguards. Developing and maintaining a good understanding of anti-money laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements. Manage MIS activities and data collation Maintaining a good knowledge of potential red flags regarding the client and work types across customer landscape and the jurisdictions within geography. Work towards driving process improvements and initiatives Reviewing new customer accounts and verifying their identities Assessing risks and compliance issues associated with customers or products Studying market trends and evaluating customer behavior Assisting efforts aimed at preventing money laundering, terrorist financing and other illicit financial activities Compiling accurate and up-to-date data on customers for compliance reasons Leveraging insights from customer behavioral research to improve customer experience Liaising with management to ensure compliance with internal policies and external regulations Preparing suspicious activity reports (SARs) Reporting accounts with high risk or missing documentation to relevant officers Performing complex data analysis to aid decision making Qualifications Minimum qualifications Graduate: B.Com / BBA / MBA Preferred qualifications : Relevant work experience, preferably in Banking/ ITES Industry. Good analytical and problem-solving skills Prior experience in Banking or Insurance Ability to communicate verbally and through emails with businesses Preferred candidate profile : Excellent reporting and observational skills Strong written and oral communication skills Ability to multi-task and coordinate multiple projects Well-developed IT skills Interpersonal skills Management Excellent research skills and familiarity with online/offline research tools Perks and benefits : High incentives International Travel opportunity cab facility shuttle service lunch couponsRole & responsibilities