KYC Learnings | Post 13 Thinking about a career shift? This booming field offers fantastic opportunities, especially in India 🇮🇳. From local banks to international firms, the demand for skilled KYC/CDD professionals is skyrocketing! Hey everyone! Big thanks for the awesome feedback on the last 12 posts! 🎉 This week, we're diving into the exciting world of KYC/CDD careers (Know Your Customer/Customer Due Diligence) What does a KYC/CDD role look like? 👉🏻 Here's a breakdown of the typical departments you might find: 🔎 Document Review & Account Opening : Checking and verifying documents for accuracy. 🔎 Source of Wealth & Documentation Quality : Analyzing client documents and financial health. 🔎 Screening & Investigation : Running sanctions, PEP, and adverse media checks. 🔎 Data Entry & Account Activation : Ensuring smooth account setup. 🔎 Client Lifecycle Management : Reviewing and updating client profiles & KYC validity. 🔎 Transaction Monitoring : Monitoring transactions for suspicious activity. 🔎 Assurance & Review Teams : Supervising and verifying KYC/CDD processes to ensure an independent check 🔎 Compliance Units : Providing guidance and approvals for accounts and reviews. What skills do you need to succeed? ⭕ Eagle Eye for Detail : Spotting discrepancies in documents is key! ⭕ KYC & Regulatory Knowledge : Understanding compliance requirements is crucial. ⭕ Communication Champion : Collaborating with stakeholders is essential. ⭕ Certification Powerhouse : ACAMS certification can give you an edge. ⭕ Customer Journey Guru : Understanding client behavior is a plus. ⭕ Data & Document Ninja : Comfortable handling large volumes and digging deep. Ready to join the KYC/CDD revolution? Join the discussion below!👇🏻 What questions do you have about this exciting career path? #kyc #knowyourcustomer #knowledgesharing #knowledgeispower #Cdd #KYCknowledge #Customeridentification #clientduediligence #banking #jobs #career #bankingjobs #finance #money #wealth
Nice one Santosh 👍
Great opportunity
Co Founder & Managing Partner at Ixoraa Enterprise Pvt Ltd.
6moSantosh Sirur ..this a very good initiative to ready all the prospective candidates.