About the Company
It's never been a more exciting time to join Vistra. At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business to help our clients achieve progress without friction. But progress only happens when people come together and take action. And we're absolutely committed to building a culture where our people can do just that.
About the Role
We have an exciting opportunity for you to join our team as Assistant Manager Client Acceptance Process, reporting to the Manager, this full-time and permanent position is based in Mumbai, India and offers regional coverage, allowing you to make a significant impact to our Client Acceptance Department and its growth.
Responsibilities
- Assist the Manager in overseeing and managing all Anti-Money Laundering (AML) and Know Your Customer (KYC) processes working closely with internal stakeholders to ensure tasks are delivered as per agreed SLAs on completeness, timeliness and accuracy standards.
- Conduct thorough reviews and due diligence on new and existing customers, including documentation of risk assessment and mitigation, screening, communicating internally as well as with clients for remediation of any gaps and other associated administrative tasks.
- Stay updated on global policies, local regulatory changes and industry best practices related to AML/KYC compliance and support the documentation of local procedures, maps, controls, FAQs, templates etc.
- Work as subject matter expert on the respective regulatory requirements and assist team members with training, perform spot checks or quality assurance checks, maintain quality check logs, assist in developing training material etc. to improve overall performance and quality.
- Assist the manager in maintaining various trackers up to date and prepare reports and dashboards for internal or external stakeholders as well as support internal and external audits and regulatory examinations.
- Manage competing priorities, provide explicit guidance and establish clear expectations for stakeholders by appropriately escalating issues while handling sensitive and confidential information in accordance with policies.
Qualifications
- Must be a graduate, degree preferably in the fields of legal, tax and/or compliance. Relevant AML, KYC certifications would be a plus.
Required Skills
- Sound knowledge and understanding of financial crimes and compliance such as anti-money laundering, counter terrorist financing, anti-bribery and corruption, tax evasion etc. and key concepts about various legal entity types, ownership chains / structures of varying complexity, understanding money flows, source of wealth and source of funds, PEPs, Sanctions etc.
- Good analytical, reporting and problem solving skills with attention to detail and experience with documenting processes and data verification and ability to effectively meet deadlines, manage expectations, collaborate with teams virtually and globally.
- Clear written and verbal communication skills with the ability to analyse and articulate various risks and adverse news and ability to evaluate and document mitigation measures in a concise and precise manner and comfort in communicating with clients, Vistra colleagues globally and third parties.
- Strong knowledge of Microsoft office Outlook, Word, Excel, and PowerPoint; SharePoint and WorldCheck / Napier or similar screening systems.
Preferred Skills
- Working knowledge of ViewPoint, Worksite and Enlighten is preferred.
- 5 to 8 years of relevant experience with Corporate service providers / Banks / Financial Institutions serving global customers such as corporates / trusts / funds / other legal entities.
- Demonstrated experience working on AML / KYC regulatory requirements of various jurisdictions globally with various processes such as client acceptance, ongoing reviews or trigger reviews, screening etc.
- Demonstrated experience working successfully with globally distributed teams in a shared service centre or similar set-up with strong collaboration skills.
Company Benefits:
At our Vistra India office, we believe in putting our employees well-being first! We offer a hybrid working arrangement.
Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.
If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!
