KYC Associate – Financial Crime Compliance

About the role

PwC India is seeking a KYC Associate to join its Financial Crime Compliance team in Bangalore. You will conduct thorough client due diligence, support sanction and adverse media screening, and help maintain robust KYC processes for a diverse portfolio of entities.

Key responsibilities

• Perform client due diligence (CDD) to verify identity, source of funds, and beneficial ownership for entities such as banks, trusts, funds, and SPVs.
• Conduct initial document checks for completeness and accuracy.
• Research client information using various databases and sources.
• Assess client risk based on business activities, geography, and other factors.
• Execute sanction screening and adverse media checks, analysing results for matches.
• Maintain accurate KYC documentation and ongoing monitoring records.
• Carry out periodic and event‑driven reviews of client accounts.
• Collaborate with internal stakeholders to resolve KYC issues and provide regulatory guidance.
• Continuously improve KYC processes to enhance efficiency and compliance controls.
• Stay updated on KYC, AML, and CFT regulatory requirements.

Required profile

• Bachelor's degree in finance, accounting, business, or a related field.
• 3–6 years of experience in KYC, AML compliance, or a similar role within the banking industry.
• Strong understanding of financial regulations such as the Bank Secrecy Act, AML, and KYC requirements.
• In‑depth knowledge of financial products, services, and industry regulations.

Required skills