Opportunity brief
HSBC is hiring for the role of Analyst!
Responsibilities of the Candidate:
- Production of KYC profile to the highest quality standard & in line with the latest policies and procedures. Individuals are required to keep themselves updated on the latest procedural/ policy changes across all streams.
- Obtain & update all missing client documentation from client (with the help of the RMs / CLG) Sourcing & updating accurate and relevant client data from the internet & or other bespoke information providers.
- Following up on client profiles(In line with the latest escalation matrix) & making sure that all levels of signoff in line with latest Id matrix
- Take complete ownership of any profiles/tasks that have been assigned until stage of completion. This could be a new request or a request or work item that has been reassigned.
- Communicate clearly in writing with team members, Compliance, RM/GBM as required (Customer)
- Ensure one meets the set productivity target and Quality target month on month
- Profiles to be sent for audit (after receiving all information) within standard timelines that have been defined.
- Interfacing with Client Liaison Group, Compliance, Front Office and Relationship Managers where applicable especially on matters that involve escalation of pending and ageing profiles.
- Timely and accurate updating of the management information and / or control sheets as advised.
- Proactive and responsible approach to urgent requests and queries from onshore.
- Meet the needs and expectations of customers by ensuring that escalations and complaints are handled in a timely and appropriate manner.
- Develop and maintain excellent professional relationship with all stake holders.
- Proactively and constantly up skill oneself by getting adequate training from a client due diligence perspective.
- Ability to handle process initiatives like UAT, assessing and delivering the impact of policy changes, process re-engineering and perform the role of an SME going forward.
- Aide management in preparing reports and presentations with respect to the process
- Assume responsibility during crisis situations with respect to volumes, escalations, attrition etc.
- Understand & comply with all relevant policies & procedures issued by the Group &contained within the group
- Interpret regulatory/policy changes and understand their implications. Ability to establish action points arising out of the same and incorporate the impact within laid down procedures.
- Keeping abreast of developments within the financial regulatory environment and proactively educate the self and team on the same.
- To be aware of the relevant FIMs and GSM applicable to the process.
- Embrace and accept changes within the current business environment.
- Ensure implementation and adherence to audit and compliance requirements and proactively highlight potential issues to the management.
- Ensure zero operational / reputational loss.
- Participate in centre wide activities and various forums, sharing ideas to make KYCS a better dplace to work
Requirements:
- Excellent understanding of KYC, financial regulatory environment and AML risk implications (E).
- Thorough understanding of legal structures of various client types: financial institutions, corporate, quoted companies, private companies, funds, SPV's etc (D).
- Proven skill sets in analysing implications of mergers and acquisitions on legal identities & ownership structures of Corporate, FIs & Funds (D).
- Sound knowledge of financial regulatory requirements (D).
- Ability to interpret complex changes in regulatory guidelines and assess impact (E).
- Excellent communication skills (E).
- Ability to work well under pressure with high degree of accuracy (E).
- Good understanding of MS office and proven skills on banking platforms (D).
- Self-driven (E).
- KYCS experience for 12 months (D)
- Familiarity with AI-enabled tools is an advantage.