Job description

Location:
Mumbai
Department:
Operations(IBP)
Division:
IBP Business Enablement
Employment Type:
Full time
Salary:
Competitive

KYC Review Analyst (13231)

Investec – Where Out of the Ordinary Happens

At Investec, we do things differently. We're a leading international bank and wealth manager built on a culture of curiosity, entrepreneurial spirit and human connection. Ideas are heard, ambition is celebrated, and impact is encouraged. As part of a team that challenges convention and strives for outperformance, you'll help shape bold solutions for clients who expect something more than the ordinary.

Description of role and key responsibilities

Objective of Role:

The primary responsibility of this role is to perform core AML/KYC due diligence on Periodic Reviews & Triggered Events. Such responsibilities include but not limited to ID & Verification, PEP & Sanction Screening, Negative Media/Adverse Media screening, Financial Crime Risk Re-assessment, and ownership re-validation. In addition, this role includes Regulatory Classification (e.g., MiFID, EMIR, FSCS, FATCA/CRS and UK CASS rules etc), and other processes of existing clients for both Investec Bank plc (IBP), and offshore subsidiaries and branches including USA & India.

As well as the primary responsibilities, the role requires candidates to work independently and diligently, be able to identify issues and problem solve, manage multiple business priorities, have a strong control mind-set and be able to articulate clearly between Business and CLM team. The candidate will also be responsible for working closely within the team, Financial Crime, MLRO, Businesses (both UK and non-UK) and other colleagues in Operations, Legal, Credit and Risk.

Specific Responsibilities include:

Timely, efficiently, and accurately conduct AML Reviews of existing clients, ensuring client records are accurate in all systems and that supporting documentation is saved and filed correctly.
Completing the end-to-end journey of a KYC Periodic Review from gap analysis to obtain & updating information/documentation & final submission.
Interpreting and analysing KYC data to accurately risk assess existing clients, making sound judgement calls in terms of escalation and risk mitigation.
Performing PEP, Sanction and Negative Media screening and analysing the results to discount or confirm matches.
Completing the required periodic client reviews within the prescribed time frame set out by IBP & regulators.
Understand the differences across multiple business lines and apply the appropriate defined processes accordingly.

Technical Knowledge: (compulsory)

Strong understanding and ability to apply FCA UK regulations and JMSLG directives.
Solid understanding and ability to apply the 4^th & 5^th EU AML Directive that came to effect.
KYC knowledge for Limited companies, PLC's, Funds, Trusts & SPV's
Knowledge of non-UK (such as India and US) KYC/AML requirements
High IT literacy skills and able to navigate around minor IT issues independently (highly desirable)
Performing appropriate regulatory classification processes (e.g. MiFID, EMIR, FSCS, MIFID, SME, UK CASS rules, FATCA/CRS classifications) & checking client documentation
Up to date with all UK & EU AML requirements

Core skills and knowledge

Regulatory Knowledge as applicable to role as above (compulsory)
Proven experience of KYC analysis of both individual and complex corporate clients and understanding the due diligence of corporate documents (not limited to banking) is essential.
Proven experience of analysing complex legal structures.
Proven experience of PEPs, Sanctions and Negative Media screening.
Proven experience in performing financial crime risk assessments of clients.
Basic understanding of company balance sheets, financials, and/or annual returns.

ICA KYC/AML/Financial Crime Certification (completed or in progress) is desirable.

Any other attributes that would be helpful, but not essential for the role.

Strong attention to detail e.g., accurate capture of data.
Analytical and risk assessment skills.
Competent computer skills.
Strong understanding & adherence of processes & procedures.
Comfortable with managing and interpreting data.
Good verbal and written communication skills.
Interacts with stakeholders in a professional, service-orientated manner; and

To have exposure to all regulatory classification would be very beneficial

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote. We believe that being together enables us to live our values and support our clients and communities in an extraordinary way.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work. You can find a list of our benefits here

Embedded in our culture is a sense of belonging and inclusion. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation. We believe that innovation thrives when everyone feels respected, included, and empowered to contribute.

We actively seek out diverse talent and foster an inclusive environment, encouraging applications from people of all backgrounds and experiences. Here, you'll find networks, benefits, and development opportunities designed to support your career journey, wherever it may lead.

If this role excites you but you don't meet every requirement, we'd still love to hear from you. Your unique perspective and experience could be exactly what we are looking for. Get in touch!

At Investec, we're deeply invested in our clients, our colleagues, and our communities. It's more than a mindset; it's how we show up every day.

Be part of something Out of the Ordinary.

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.