Analyst - KYB Operations

About the Role:

Analyst in Know Your Business (KYB) Operations plays a critical role in ensuring compliance and risk mitigation by verifying and validating customer identities and business entities. Their responsibilities include conducting due diligence checks, analyzing data for accuracy and completeness, identifying potential risks, and collaborating with internal teams to develop and implement KYB strategies. Their objective is to maintain regulatory compliance, safeguard against financial crimes, and support business growth.

Key Responsibilities:

• Review and process new onboarding applications for individuals and corporates as per internal policies and guidelines.
• Conduct in-depth AML/CTF investigations on open and escalated applications, identifying potential areas of financial, reputational, and regulatory risk.
• Utilize expert knowledge of money laundering, financing of terrorism, and related issues to resolve investigations promptly, preventing negative impacts on the company's financial position and reputation.
• Review and analyse daily escalated cases, ensuring compliance with internal policies and regulatory standards. Document occurrences for regulatory and audit reviews.
• Handle complex and confidential cases independently, ensuring a complete audit trail for all alerts and cases.
• Monitor assigned businesses or products for AML activity and conduct autonomous reviews and investigations.
• Identify current and emerging transaction typologies, staying proactive in knowledge development.
• Run projects to improve processes through simplification or automation.

Requirements:

• Analyst: 3-6 years (3 years min in KYC/B onboarding, Periodic Reviews, AML monitoring, Investigations).
• Strong understanding of Client Due Diligence requirements across US, EU, and APAC region.
• Experience in global payments or remittance organizations will be an added advantage.
• Experience in working with Product/Tech teams to implement product changes or automation.
• Attention to detail and good organizational skills are essential.
• Can prioritize, organize and execute tasks with minimal supervision.
• Good communication skills, both written and verbal.
• Ability to multi-task and keep calm under pressure.
• A good working knowledge of Microsoft Office.
• Flexibility to work outside normal office hours and in rotational shifts to support operational requirements.