Specialist CDD Checker, Operations, Account Services...

Position Title: KYC CDD Specialist Department: IBG COO Job Purpose KYC Quality Controller performs a critical function that involves an independent checker role to ensure high quality standards are maintained in strict adherence with bank policy. Ensures customer On -boarding, Periodic review is completed timely and within quality expectations. Key Accountabilities • Ensure smooth account opening/ReKYC through quick and efficient movement across CDD process without compromising the quality of Screening • To hand-hold RMs regarding the documents required and the query resolution. Job Duties & responsibilities • Poses good knowledge about RBI KYC guideline and documentation of Corporate and individual accounts opening • Adhere to the CDD RBI circulars, CDD Standards & India LKYC guidelines towards scrutiny of Customer Due • Diligence while Onboarding/ReKYC/Trigger BCAP • Active engagement with internal /concurrent/QA audit teams. • Co-ordinate/Follow up/ Track Audit issues and help to complete/close the same. • Ensure all the audit issues are closed/completed within the agreed timelines. • Ensuring Clean Audit report - Resolving issues in timely manner with satisfactory evidence and no overdue • Name Screening & sanction alerts within TAT & also do periodic review of clients. • * Timely Closure of Batch & Sanction Alerts • Qualitative Analysis of Batch Screening & timely submission of the same • Periodic Review of Clients • Advisory role for BU wrt KYC Queries Resolution • Providing resolution regarding KYC/CDD related queries that the BU may have at the time of onboarding. • Reducing in rework rate & TAT of account opening • * Regular Training RMs & Makers • Review & modify processes for CDD Scrutiny in line with changes in regulatory processes • Supporting CDD Centralization • Training CDD Making Team with regards to the requirements of BCAP • Help in creating repository for BU & CDD Checking team to refer wrt CDD. • UATs for enhancements • Should be well versed with Liability Products • Should poses good Knowledge of FATCA/CRS guidelines • Poses good knowledge of various defaulters database and their impact. e.g. RBI Caution list / Black list /Lexis Nexis • Compliance and adherence of internal and external regulations • Reviews a list of high-risk KYC processes and tracks the quality • Perform quality reviews and reviews of procedures and processes Required Experience • Minimum 3 to 5 Years Education / Preferred Qualifications • Graduate/Post-Graduate Core Competencies • Understanding of the documents needed for On-boarding/ReKYC in accordance with RBI s Circulars for the different types of Legal Entities. • Screening of CDD for On-boarding & ReKYC. • Possess understanding for review of Politically Exposed Person (PEP) & Sanction Exposure. • Exposure of Finacle system. • Should possess good problem solving skill and business orientation. Technical Competencies • Good exposure of Finacle • Experience in handling UATs. • Knowledge of Excel, Word & Power-point Work Relationship • Being a Team player & self-motivated person. • Growth Oriented DBS India - Culture & Behaviors DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are: • Demonstrate Business Performance through PRIDE 2.0 Value Based Propositions • Ensure Customer Focus by Delighting Customers & Reduce Complaints • Build Pride and Passion to Protect, Maintain and Enhance DBS Reputation • Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement • Maintain the Highest Standards of Honesty and Integrity