Maintained accurate records of all customer information and transactions. Work with regulators to identify and mitigate risks related to money laundering and other criminal activities. Here are some essential tips that will help you climb up the ladder and make it to the top of your AML/ KYC career. Self-starter that is driven with excellent analytical skills to troubleshoot and resolve systems problems Worked in conjunction with Product Specialists to report on compliance issues to senior business management. Worked with HSBC Bank RMs/branches via phone and email to retrieve required documents and information to complete customer KYC profiles. 4.9/5 stars with 111 reviews Build my CV Your CV is quite often the first impression potential employers get of you and your qualifications for a position. Refer adverse findings to Compliance and the Business. Performing level one auditing in accordance with regulatory requirements, and setting up all the facilities required for secure processing of transactions, Participating in drawing up economic and accounting results for SG Coverage and Investment Banking & International Private Banking operations, Sense of urgency/ability to work well under pressure, different priorities and tight deadlines, Be constantly updated about the Regulatory environment and framework, Be an agent of change and challenge the status quo, Supports the assigned Business Group to respond to Regulatory / Audit inquiries and assist with evidence gathering as, Risk, governance and control management co-ordination of 2LoD and 3LoD reviews, risk reporting, risk event management and control assessment, Working with heads of operational functions to identify risk and controls that apply in their own business areas, Proven KYC Analyst experience with the ability to review and interpret complex data from a variety of sources, Be highly organised with strong time management and prioritisation skills and be able to adopt and maintain a logical approach to tasks, Be highly analytical with strong written and verbal communication skills for the purpose of creating efficient and robust reports, Have, or be able to evidence the ability to develop, a strong understanding of Financial Crime regulations and policies (AML, Sanctions, Anti Bribery and Corruption), Complete and update the applicable sections of Know Your Customer, Ensure customers classified in line with required (CIP , FCA/P RA, FED, KYC) regulations, Liaison with Compliance Department and the senior management w ithin Business units supported, Initiate process enhancements to improve turnaround time of client on -boarding experience and client service, Delivery on targets and objectives in line w ith timelines dictated by BAU and Refresh Programme, Strong teamwork skills in a small local setting, as w ell as across different geographic locations, Good academic qualifications would be desirable , but less relevant than previous experience in an AML/KYC and/or, Partners with the assigned Business Group affected by changing laws, regulations or policies to ensure that appropriate, Highly effective verbal and written communications skills. Maintained up-to-date knowledge of AML/KYC regulations and industry best practices. Liaise with Clients, Front Office, Compliance, Legal, and Operations as necessary as part of the KYC refresh. Individual contributor on project tasks assigned Communicate with Business contacts and Clients to assist the team with the required KYC docs. Responsible for the review of consumer and PEP customers with an in-depth understanding of BSA KYC/AML/OFAC policies and procedures. The profile summary for KYC analyst includes keeping records of transactions to ensure that all legal requirements are met and that the correct data is recorded. Ensure a conclusion is reached with regard to risk, additional due diligence or exit. With that said, there are currently 1,847,900 jobs in the market right now. Identified threats, vulnerabilities and suspicious behavior patterns to recommend mitigation measures. As with your work history, list your professional certifications in reverse chronological order. Hands on experience on complete KYC lifecycle of client onboarding in investment banks including stages of Initial data collection, Customer Identification Program, Monitoring of Transaction and risk management. Review and detect transactional alerts from transactional activity (including wire transfers, checks, security transactions, trade finance letters of credit, loans and cash letters). They may review new customer accounts to evaluate the financial risk associated with the customer and analyze new and existing customer policies. Effective and self-sufficient in working within a diverse technology portfolio Work with state and federal investigators when identity theft is suspected. Performing holistic due diligence reviews in support of Corporate KYC and BSA/AML policies and procedures Performs Quality Assurance (QA) review on work of AML analysts, Performs case repair on deficient cases treated by alert analyst or case analyst, Responsible to conduct in-depth research to assess and determine if allegation(s) meets criteria of Enterprise Investigations, Ability to make timely and independent decisions while working in fast-paced and results driven environment Strong organizational, multi-tasking, and prioritizing skills Conducted KYC formality reports on questionable accounts and transactions, Adjusted end-to-end KYC process needs to align with workforce capabilities. Phoenix, AZ Supports the assigned Business Group to respond to Regulatory / Audit inquiries and assist with evidence gathering as Risk, governance and control management - co-ordination of 2LoD and 3LoD reviews, risk reporting, risk event management and control assessment 3 4 5 4.5 ( 88 votes) for KYC Analyst Resume Samples The Guide To Resume Tailoring Guide the recruiter to the conclusion that you are the best candidate for the kyc analyst job. Developed and implemented a streamlined process of KYC and AML data collection, reporting and tracking for the Chicago unit. ( i.e. Worked with BUSA's KYC Manager to further develop and strengthen the Banks KYC/Customer Due Diligence program, addressing regulatory expectations in the context of BUSA's business environment. Meticulous compliance investigator offering years of experience in the field and enterprising, diligent style. Download a personalized cover letter in minutes with our cover letter builder. Consistency and insight As more information is presented to AML analysts, it is essential to be able to consistently interpret and assess the details for risk. Completed analysis of transactional information to identify risk, trends and potential wary activity. To emphasize both relevant work experience and work history, use a hybrid format. Interact with Bankers to obtain required information. They also use these skills to establish rules that reduce the possibility of fraud occurring when formulating policies for their organizations. Focus on Client Due Diligence, Bank Secrecy Act (BSA), Know Your Customer (KYC), Customer Identification, Experience with complex corporate structures, Special Category Clients (SCC), Personal Investment Companies. Conducted AML and KYC analyses on a wide range of institutional client types with different legal structures in accordance to the bank's CIP and all sections of the USA Patriot ACT through a combination of proprietary, public records, and internet systems. 73 Kyc Analyst Jobs in India (1 new) AML Analyst Resume Example - Best Format Performed due diligence review on all account documentation submitted by the Product specialist in order to assist in mitigating risk against fraud and/or money laundering for the firm. Financial institutions like banks, insurance companies, and brokerage firms utilize the KYC technique, often known as "Know Your Customer," to analyze their customers' identities and risk levels. (555)-555-5555. 03/2011 - 09/2015. Also provide a variety of AML services to our clients. AML Analyst Resume Example | MyPerfectResume Build My Resume Resume Skills and Keywords for KYC Analyst A KYC analyst's main responsibilities include reviewing new client account documents, evaluating high-risk accounts, and analyzing new customer processes and regulations. Tasks responsible for included the enrichment of Customer Due Diligence and Enhanced Due Diligence information needed to meet the required customer information for regulation 326 of FDIC. Closed and moved accounts and profiles as circumstances demanded. Though some professionals have enough work experience to cover three pages, using that many pages is rarely recommended. Analyzed triggering entities for activities consistent with the nature of the business. Risk ranked the customers based on assessment of the risk profile of the customer including product, geography, transaction history and other relevant information. Reviewing and verifying the identity of customers. Only put credentials that are relevant to the position for which you want to apply. KYC Analysts are primarily involved in or knowledgeable about anti-money laundering (AML) processes and procedures. Solely responsible for conducting interviews, performing background checks and screening/researching new. Additionally, emphasize any prior experience managing client relationships or working with compliance teams. Preparing renewal KYC profiles for non Financial Business clients of the bank to ensure compliance with statutory regulations. Customer Identification Process as it pertains to corporations and individual client. Determined whether the activity seemed legitimate or not by applying various AML regulations including the USA PATRIOT ACT, the Bank Secrecy Act and OFAC. The work experience section should be the detailed summary of your latest 3 or 4 positions. Monitoring "Know Your Customer", OFAC, cross-border wire transfers and currency activity, etc. Effectively conducted AML /KYC formality reports on questionable accounts and transactions. Analyze the risk associated with the client and provide approval from a technical perspective prior to seeking Relationship Management approval. Find out what is the best resume for you in our Ultimate Resume Format Guide. Researched, analyzed and evaluated required KYC information on business banking clients. After learning about how to write a professional resume for a fraud analyst, make sure your resume checks all the boxes with our AI . Maintained close working knowledge of assigned investigations and advised supervisors of their progress and any matters of concern. Their duties include performing market researches, studying customer behavior, helping to develop marketing strategies, and providing solutions for maximizing customer satisfaction. Flexibility will enable KYC analysts to modify their processes as essential since they often collaborate with various departments and clients. Professional Summary. Adept at applying KYC guidelines to prevent funds from being used for fraudulent purposes. Collect and examine financial statements and documents to assist in identifying unusual transaction patterns. A Know Your Customer (KYC) analyst is a data analysis expert who helps vendors to verify customer identities and minimise fraud risks. Looking for cover letter ideas? Conduct orientation to new members by providing an overview of the member's plan and pertaining administrative policy. Strong ability to successfully identify and refer high risk Business Banking customers to internal risk and compliance partners. Down a level: Customer Insights Analyst I. 01/2006 - 07/2012. Reviewed and approved all low risk KYC client profiles to ensure all required KYC documents and information was obtained in accordance with the Customer Identification Program (CIP), Approved new and existing accounts based on reviews of the client KYC documentation, Responsible for reviewing W-8IMY, W-8BEN; W8-EXP for all foreign entities as well as W-9 for US clients. The KYC analyst job description also incorporates that while evaluating customer information, such as verifying account activity or examining credit card transactions, KYC analysts apply their knowledge of financial analysis. Perform due diligence on investment advisors and their underlying funds. How To Write a KYC Analyst Resume (With Template and Example) Creative and critical thinker with strong innovative problem-solving skills. Want to save time? Efforts include QA and reconciliation of KYC forms against the institution's customer list for the enrichment of missing required fields in existing KYC forms. Collaborate with the Shared Service Centers to get the an Excellent communication skills and executi Strong Skills- Microsoft Excel, Access, Po Demonstrated experience managing a high pe Analytics Manager / Senior Analytics Manager, Making available all the resources required for the administrative and financial processing of market and credit operations initiated by the various Business Lines. Liaise with Sales Account Managers to ascertain information on the purpose of client accounts, transaction volumes etc. Facilitated the coordination of new accounts and international trading with other branches of the bank, including international. Strong written and oral communication skills with ability to interpret technical requir Strong Java development experience with th Experience interacting, advising and commu Proven experience with tax reporting and c Has conceptual knowledge of theories, practices and procedures within a discipline Unless specifically stated otherwise, such references are not intended to imply any affiliation or association with LiveCareer. When creating your document, you should use one of the three standard formats: chronological, functional, or hybrid. Professional Summary. KYC, also known as "Know Your Customer," is a procedure that financial institutions like banks, insurance companies and brokerage firms use to evaluate customer identities and risk levels. Examples of a resume objective for this role might include: "To leverage my 5+ years of financial . 2. Perform name and account-based research on lists and reports provided through established resources to determine if evidence of money laundering activities exists. The KYC analyst roles and responsibilities also encompass that any information that might be significant to the organization they work for must be accessible to and recorded by KYC analysts. Prepare monthly newsletters providing identity theft protection tips. Draft AML Compliance training guides to reinforce knowledge on key information and policies Solicited feedback from attendees, ensuring full understanding of material presented Review negative news and OFAC/Watch List/PEP alerts generated by automated systems. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular kyc analyst position you're applying to. A KYC (know your customer) analyst is a professional who studies processes related to customer behavior, policies and risk within an organization. Assessing the financial risk connected to the customer. Those with higher rankings go on to the hiring manager while those with lower rankings get archived. Analyze banking and federal compliance regulations with the purpose of preventing financial fraud, money laundering and terrorist financing. Ensuring the Data Base is updated constantly to reflect the latest position regarding the bank's corporate clients. Hardworking and passionate AML Investigator with strong organizational skills eager to be team player to achieve company goals. How do you write the qualifications section of an AML analyst resume? The recruiter has to be able to contact you ASAP if they like to offer you the job.