IN-Senior Associate –KYC/AML_Third party risk_Advisory_ Pune/Mumbai

Job Title: Senior Associate – KYC Analyst (Financial Crime Compliance)

Line of Service: Advisory

Industry/Sector: Not Applicable

Specialism: Risk

Management Level: Senior Associate

Job Description & Summary:

At PwC, our forensic services team focuses on identifying and preventing fraudulent activities, conducting investigations, and ensuring compliance with regulatory requirements. Our team plays a crucial role in protecting organizations from financial crimes and maintaining ethical business practices.

In the fraud, investigations, and regulatory enforcement domain, you will be responsible for identifying and preventing fraudulent activities, conducting investigations, and ensuring compliance with regulations. This role is critical in safeguarding organizations against financial crimes and upholding ethical business practices.

Why PwC

At PwC, you'll be part of a vibrant community of solvers, working with a purpose-driven team to create distinctive outcomes for our clients and communities. We offer a technology-powered environment that drives innovation, allowing you to make a tangible impact in the real world. We reward contributions, support well-being, and provide inclusive benefits, flexibility programs, and mentorship to help you thrive both professionally and personally.

PwC is committed to providing equal employment opportunities, ensuring that every team member can bring their true selves to work. We have zero tolerance for discrimination or harassment and foster an inclusive environment where diversity is celebrated.

Responsibilities:

As a KYC Analyst, you will have the following responsibilities:

• Client Due Diligence (CDD): Collect and analyze client data to verify compliance with regulatory requirements, including identity verification, source of funds, and beneficial ownership for various entity types (e.g., Banks, Trusts, Funds, SPVs).
• Document Review: Perform initial checks on client documents and data to ensure completeness and accuracy.
• Research & Verification: Use various databases and sources to verify client information and assess risk factors, such as business activities and geographic location.
• Sanctions & Adverse Media Screening: Perform sanctions screening and adverse media checks, analyzing results to identify matches with sanctioned individuals, entities, or countries.
• Ongoing Monitoring: Maintain accurate and updated documentation for client profiles. Conduct periodic and event-driven reviews of client accounts for ongoing monitoring.
• Collaboration: Work with internal teams to resolve KYC-related issues and ensure alignment with regulatory requirements.
• Process Improvement: Continuously evaluate and enhance KYC processes to improve efficiency and strengthen compliance controls.
• Regulatory Knowledge: Stay updated on the latest regulations related to KYC, Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT).

Mandatory Skill Sets:

• Regulatory Knowledge: Strong understanding of financial regulations, particularly the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Know Your Customer (KYC) requirements.
• Financial Knowledge: In-depth knowledge of financial products, services, and industry regulations.
• Analytical Skills: Strong ability to analyze complex financial data and identify potential risks.
• Attention to Detail: Meticulous attention to detail with excellent organizational and time management skills.
• Experience: 2-7 years of experience in KYC, AML compliance, or a related role in consulting or financial institutions.

Preferred Skill Sets:

• Professional Certifications: Certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE) are an added advantage.
• Financial Crime Compliance: Strong understanding and experience in financial crime compliance, including fraud detection and investigation.

Years of Experience Required:

• 2 to 7 years of experience in KYC, AML compliance, or a related role.

Education Qualification:

• Bachelor's degree in finance, accounting, business, or a related field.

Required Skills:

• KYC Compliance

Optional Skills:

• Analytical Thinking
• Compliance Risk Assessment
• Fraud Detection
• Financial Crime Investigation
• Forensic Accounting
• Evidence Gathering
• Cybersecurity
• Data Analytics

Travel Requirements:

• Not Specified. Travel may be required based on client needs.

Available for Work Visa Sponsorship

• No. This position does not offer visa sponsorship.

Government Clearance Required

• No. There is no requirement for government clearance.

Why PwC

Joining PwC means becoming part of a global community of solvers. As a KYC Analyst, you will play a vital role in helping our clients stay compliant and mitigate financial crime risks. PwC offers a collaborative and inclusive environment where innovation thrives. You will have the opportunity to work on complex challenges while growing your career in a supportive and flexible setting.