KYC Operations Analyst 1 at Citi - Mumbai | Full-time

Job Description

The KYC Operations Analyst 1 is an entry-level position that involves participating in Anti-Money Laundering (AML) monitoring, governance, oversight, and regulatory reporting activities. This role works in coordination with the Compliance and Control team. The primary objective is to assist in the development and management of a dedicated internal Know Your Client (KYC) program at Citi.

Responsibilities

• Collaborate with Relationship Management and Compliance teams to assist with the preparation, development, due diligence, and approval of electronic KYC records and supporting appendices.
• Create and maintain KYC records by gathering information from both internal and external sources, such as the firm's website and regulatory websites.
• Work with Relationship Management and Compliance teams to update system information from the initiation to approval of KYC records, and report workflow progress to the supervisor.
• Validate the information within KYC records and Customer Identification Program (CIP) documents to ensure they are complete and accurate.
• Ensure that KYC records incorporate local regulatory requirements and Global Business Support Unit (BSU) Standards.
• Maintain the BSU tool.
• Appropriately assess risk when making business decisions, with particular consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets. This involves driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency.

Qualifications

• Previous relevant experience is preferred.

Education

• A Bachelor's degree, University degree, or equivalent experience is required.