KYC Associate – Financial Crime Compliance

About the role

Join PwC India's Financial Crime Compliance team as a KYC Associate. You will support clients by conducting thorough due diligence, identifying risks, and ensuring compliance with anti‑money‑laundering and know‑your‑customer regulations.

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.
• Execute 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.
• Conduct sanction and adverse media screening, analyzing results for matches with sanctioned parties.
• 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 control strength.
• Stay current on KYC, AML, and CFT regulatory developments.

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 sector.
• 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.
• Excellent analytical abilities and attention to detail.

Required skills

• KYC due diligence
• AML compliance
• Sanction screening tools
• Risk assessment
• Data analysis