Role at a glance
- Job function
-
Legal & Compliance Compliance & Regulatory Affairs
- Salary
- Not Disclosed
- Location
- Bangalore, India
- Employment
- Full-time
- Experience
- Hands on experience on complete KYC process
- Education
- Graduate and above preferably in Finance
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Role Summary
This role provides KYC and customer due diligence support for State Street business-unit customers. It performs identity verification and money-laundering risk reviews in accordance with AML policies, SEC requirements, and investment guidelines stated in the Prospectus/SAI.
What You'll Do
- Perform KYC reviews on all entity types.
- Analyze complex ownership structures to assess risk exposure and applicable KYC/AML requirements.
- Verify customer identities and complete money-laundering risk profiling and reviews.
- Provide KPI and KRI reporting to Compliance and the businesses.
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
AML/KYC knowledge, including regulations such as FATF, FATCA, and the Bank Secrecy Act; knowledge of SEC requirements and investment guidelines in the Prospectus/SAI; ability to perform KYC reviews across entity types and analyze complex ownership structures, risk exposure, and applicable KYC/AML requirements. The role also calls for strong analytical, communication, interpersonal, organizational, and time-management skills; advanced MS Excel and computer proficiency; teamwork; deadline and detail orientation; a minimum 99% quality rate; and flexibility to work shifts, including nights if required.
Preferred
- Additional reporting, work-allocation, and metrics-data skills add value.
- AML-related certificates such as ACAMS or ICA are good to have.
- Finance is preferred.
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Who we are looking for:
Looking for AML KYC professional who understand and can provide end-to-end support to perform KYC to comply with Regulatory Requirements (i) SEC (Securities and Exchange Commission) requirements and (ii) investment guidelines stated in the Prospectus/Statement of Additional Information (SAI).
Why this role is important to us:
The team provides a Customer Due Diligence (CDD) service to State Street business unites utilizing the KYC Share Services. The department is tasked with verifying the identity of customers of State Street business units, risk profiling those customers from a money-laundering perspective completing money-laundering risk reviews and providing KPI and KRI reporting to Compliance and the businesses -CDD must be completed in accordance with State Street Anti-Money Laundering Compliance policies and process. CDD is completed on all clients, customers and accounts and sub-accounts (collectively “Customers”) of State Street. This is a permanent position within the department in Bangalore.
What you will be responsible for:
• Perform KYC reviews on all entity types
• Should have good knowledge on Search engines such as world check, Prime
• Ability to analyze complex ownership structures to determine risk exposure and applicable KYC/AML requirements
• Ability to perform effectively to strict deadlines
• Additional skills in reporting/work allocation and other metrics data would add value
• Teamwork and collaboration skills: ability to work effectively with others to enhance team efficiency and quality outcomes.
• Must have percentage of quality min of 99%.
• Ability to communicate confidently, efficiently and clearly in both written and verbal forms
• Should be flexible with shifts (including night shifts if required)
What we value:
These skills will help you succeed in this role:
- Good knowledge of AML and KYC regulations like FATF, FATCA, Bank Secrecy Act etc.
- Strong communication, interpersonal, organizational, and time management skills
- Ability to analyze investment guidelines and policies to determine testing requirements
- Excellent communication, organization, interpersonal planning, and analytical skills
- Deadline and detail oriented
- Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
Education & Preferred Qualifications:
- Graduate and above preferably in Finance
- Hands on experience on complete KYC process
Secondary Skills (Good to Have)
- Any Certificate on AML fields like ACAMS, ICA etc.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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About the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.