A boutique, technology driven financial services with a special focus on Indian capital markets offering bespoke financial advisory to institutional investors is hiring for Junior KYC and Onboarding - Institutional Broking .

The Corporate provides specialty prime brokerage, execution, structured products, custody and clearing services to hedge funds, broker-dealers, wealth managers, family offices

and professional traders.

Location - Mahakali Caves , Andheri

Role: KYC & On boarding Associate

Reporting to: Head KYC & Onboarding

Incumbent to possess the following competencies:

1. Good understanding of Indian markets as well as Global markets

2. Excellent articulation and communication skills

3. Ability to work with multiple stakeholders.

Key Responsibilities:

A KYC & Onboarding Executive is responsible for ensuring that a company's clients and customers comply with legal and regulatory requirements. Their job includes verifying the identity of clients, assessing their risk profiles, and facilitating the onboarding process. Key responsibilities may include:

1. Client Verification: Conduct thorough background checks to verify the identity and credentials of clients or customers.

2. KYC Compliance: Ensure compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations by collecting and verifying necessary documents and information.

3. Risk Assessment: Evaluate the risk associated with each client based on their financial activities, source of funds, and other relevant factors.

4. Documentation: Maintain accurate and up-to-date records of client information, transactions, and due diligence efforts.

5. Onboarding: Facilitate the onboarding process for new clients, including the submission of required documentation and approvals. On board Foreign Institutional clients on Broking Platform

6. Communication: Communicate with clients to obtain missing information, clarify doubts, and explain KYC requirements. Build and manage relationships with business and Back office team to enhance understanding and drive deliverables

7. Reporting: Generate reports on KYC compliance and submit them to regulatory authorities as necessary.

8. Customer Service: Provide excellent customer service to clients, addressing any concerns or inquiries related to the onboarding process.

9. Risk Mitigation: Identify and report any suspicious activities or red flags that may indicate

potential fraud or illegal activities.

11. Cross-functional Collaboration: Collaborate with other departments, such as legal, compliance, and operations, to ensure seamless onboarding processes. Co-ordinate with other Business units & Sales to remediate any issue with service setups.

12. Technology Utilization: Use KYC software and tools to streamline the verification process and enhance efficiency. UAT testing on implementing new software’s for process automation or due diligence process.

13. Continuous Improvement: Continuously review and improve the KYC and onboarding processes to enhance accuracy and effectiveness.

14. Data Security: Maintain strict confidentiality and data security standards when handling sensitive client information.

15. Audit Preparation: Prepare for and assist in regulatory audits by ensuring all required

documentation and processes are in place.

16. Handle post onboarding modification request from client

The role of a KYC & Onboarding Executive is critical for financial institutions and businesses to maintain compliance with regulations, mitigate risks, and establish trust with their clients.

Educational Qualifications: Graduate Fresher with major in Finance

Salary: As per Industry Standard