KYC Monitoring Senior Officer Job in Hyderabad at alterDomus

AlterDomus is hiring for the role of KYC Monitoring Senior Officer!

Responsibilities of the Candidate:

• Conduct client due diligence on customers using a risk-based approach to prevent and mitigate money laundering and terrorism financing risks.
• Play a key role in the KYC periodic review process, ensuring documentation is up-to-date and compliant with laws, regulations, and internal policies.
• Maintain and update customer profiles and documentation; monitor, record, and report material changes that may impact risk levels.
• Complete periodic review tasks to a high standard within required processes and timelines.
• Manage and validate the work of junior team members; provide guidance and respond to their queries.
• Coordinate, oversee, and delegate tasks to Officers on the team.
• Be familiar with APAC and EMEA KYC processes and their differences; effectively present rationale to various stakeholders.
• Foster cross-functional collaboration and build strong working relationships across teams.
• Ensure knowledge and handling of different customer types: Corporates, Partnerships, Funds, Trusts, Foundations, Banks, SPVs, and Governments.
• Conduct ownership unwrapping and identify related parties such as UBOs, directors, authorized signatories, senior executives, trustees, etc., per policy requirements.
• Perform thorough name screening checks using internal/external databases to identify matches against sanctions lists, watchlists, and PEPs.
• Analyze name screening results to determine relevance and risk, escalating high-risk cases as needed.
• Conduct quality control (QC) reviews of files/cases submitted by Officers.
• Maintain internal trackers and checklists accurately and submit timely reports to management

Requirements:

• Strong understanding of global KYC/AML regulations including FATF, OFAC, and EU regulatory frameworks.
• Knowledge of high-risk jurisdictions, sanctioned entities/individuals, different types of sanctions, SDN, and OFAC-related guidelines.
• Familiarity with KYC requirements for different parties within complex client structures.
• Ability to collect and analyze appropriate documentation based on business nature to identify and manage risks effectively.
• Proficient in handling client types such as Corporates, Funds, Trusts, Banks, Governments, and more.
• Detail-oriented with strong analytical skills to conduct due diligence and identify potential red flags.
• Experience performing UBO identification and ownership unwrapping.
• Skilled in interpreting screening results and making risk-based decisions.
• Capable of guiding junior team members and conducting thorough quality reviews.
• Strong organizational and time management skills with the ability to maintain accurate trackers and meet deadlines.
• Effective communication and stakeholder management abilities, especially in regional (APAC/EMEA) KYC contexts.