KYC Analyst

General

Equiniti India is a captive unit of Equiniti UK and provides services to various Group companies of Equiniti UK.

Equiniti KYC Solutions is transforming customer regulatory compliance (KYC: Know Your Client and CDD: Customer Due Diligence) from an internal, often ad-hoc chore into a high-quality, on-demand Client and Relationship Due Diligence and Risk Assessment service. Key to our and our clients’ success is our KYC Passport system.

In February 2016 the formerly KYCnet and now Equiniti KYC Solutions was acquired by Equiniti Group PLC, but still functions as an energetic start-up organization. In a fast moving political, regulatory and economic environment, Equiniti KYC Solutions relies on its people - and its systems - to meet our clients’ challenges and satisfying these mandatory and essential requirements in a responsive and web-facilitated manner.

You will join a hard-working, international team and help our customers meeting both internal business risk responsibilities and external Anti-Money Laundering regulatory obligations. The Equiniti team celebrates success in delighting our clients with smart, fast and cost-effective KYC services and systems.

Mission

Equiniti KYC Solutions aims to deliver and delight our clients with faster, smarter, complete and cost-effective client due diligence services.

Context of the job

An Analyst is mainly responsible for the review, collation and verification of information that is publicly available, provided by the customer or sourced from a third-party.

Performing customer/relationship Due Diligence analysis consists of performing research and news-screening on shareholding structures, directors and business activities of companies, located all over the world. Once this information has been gathered, a Sanctions, Political Exposure and Adverse Media check on the company and related parties can be performed.

A consolidated report will be compiled based on the specific policies and procedures of a client, which contains information that was found during the analysis, the findings from any checks that have been performed and an overall risk-profile recommendation.

Internal Equiniti KYC Solutions relationships:
- (Senior) Analysts, Lead and Manager
- Quality Team

External relationships:
- Occasional client Relationship Bankers, client AML-Officers, other client personnel
- Occasional indirect and direct interaction with clients' customers

Description

Job Aim

• Ensure compliance data, checks and supporting evidence is in accordance with the workflow-embedded and process-manual rules and requirements

• Ensure customer-sourced documentation and information and 3rd-party sourced documents and information are legible, accurate and consistent

• Meet the request turnaround times and standards as defined in the Service Level Agreements

Core activities and results

• Performing customer / relationship Due Diligence, which consist of the following steps:

  • Perform research on shareholding structures, directors, business activities, etc. in public sources (Internet);

  • Analyse the content of the data and documents retrieved during the research;

  • Perform screening on the companies and people found during the research based on name, address and date of birth, and ensure the right persons are being screened. Screening can consist of Sanctions, PEP and/or Adverse Media;

  • Archive the documents and findings in our system together with an overall risk recommendation.

• Discuss, explain and/or escalate exceptions to the rules, uncertain information or screening outcomes with a more senior Analyst;

• Prepare case analysis for the Lead and Managing Analysts that forms the foundation for challenging the case outcome with solid arguments;

• Monitor progress of own deliverables;

• Work closely with the Lead and Managing Analyst and give input to drive, control and prioritize various analyses;

• Provide input to the Quality Team to ensure all exceptions are identified and reported in the process manuals;

• Attend and engage during the periodic QA reviews;

• Obtain and maintain thorough knowledge and insight into the assigned portfolio of market(s), client / relationship group, sector, country and regional areas;

• Understand the regulations and procedures of processes and remain informed about the updates.

Knowledge and ability

Knowledge:

• Interest in and basic knowledge and understanding of financial markets, KYC, Corporate structures and legal entities;

• Competency with PCs and common operating systems, office productivity systems, browsers and Internet search.

Education Background:

• Academic, or an equivalent level, degree. Preferably in a field related to economics, finance, law, audit or compliance, but applicants with alternative backgrounds are also strongly encouraged to apply.

Language Requirements

Due to the international working environment, excellent English language skills are a strict requirement. Any additional (global business) languages are a big advantage.

Equiniti India will provide all employees with a combination of classroom training and closely monitored "on-the-job" training. We will also provide our teams with training relevant to their job and role.

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

Please note any offer of employment is subject to satisfactory pre-employment screening checks. These consist of 5 year activity & GAP verification, DBS or Access NI, Credit, Sanctions & CIFAS checks.