Specialist Cdd Checker Operations Account Services Corporate Banking Job In Dbs In Chennai

Position Title: KYC CDD SpecialistDepartment: IBG COOReports To: Associate/Sr AssociateJob PurposeKYC 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 eg 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

India-Tamil Nadu-Chennai

Dbs is looking for .

Dbs is looking for Any Graduate / Post Graduate profile candidates.