TowardsJob - Franklin Recruits Freshers

Analyst

Experience : 0 - 1 Years

Location : Hyderabad / Secunderabad

Industry Type : Banking/Financial Services/Broking

Functional Area : Accounts, Finance, Tax, CS, Audit

Job Description

The Compliance analyst is responsible for supporting the Compliance department in ensuring that all new and existing US and Non-US client relationships have undergone identification screening required under Section 326 of the U.S Patriot Act prior to opening an account. Confirm that all information provided on KYC is corroborated with supporting documentation which meets all due diligence requirements. Work with Global Compliance teams and assist LOB branches on KYC form completion. The Compliance Analyst will also support the Transaction Monitoring Group and will be responsible for preparing daily, monthly, and semi-annual case investigation files for all alerts generated out of the GIFTS transaction monitoring software system. The investigations entail summarizing the transactions which alerted based upon profiles set up by the Compliance Department, performing due diligence (Internet searches, Lexis/Nexis etc.) on the accountholder, originating parties and beneficiaries related to the transactions, as well as obtaining and summarizing the details of the client relationship from the Know Your Client information on file. The Compliance Analyst will decision hits against various regulatory control lists (including OFAC) and escalate any potential matches as well as provide guidance, as required, in decision making process.

Desired Candidate Profile

KNOWLEDGE, EDUCATION, AND Experience : • PC proficient (MS office) and extensive knowledge on performing internet searches. • Bachelor’s degree or equivalent experience. • 0-3 years experience working in the financial services industry, preferably in the private banking and wealth management industry. • Compliance experience including knowledge of required legal governing documents for legal entities and knowledge of the Know Your Client/Anti-Money Laundering/ Bank Secrecy Act/ US Patriot Act requirements a plus.

Keywords : Financial Services, Wealth Management
If you meet the above mentioned criteria, apply online