KYC Analyst

Job Purpose:

To assess customer creditworthiness, verify Know Your Customer (KYC) documentation, and underwrite loan applications in compliance with internal policies and regulatory guidelines (including RBI / PMLA / AML norms).

• 📌 Key Responsibilities✔ KYC Verification & ComplianceReview and verify KYC documents (Aadhaar, PAN, address proof, CKYC, etc.) as per regulatory requirements.
• Perform customer due diligence and ensure accurate customer identity checks.
• Ensure compliance with RBI/Master Directions on KYC/AML/PMLA guidelines.
• Follow internal SOPs and quality standards for document verification.
• ✔ Credit UnderwritingAssess loan applications and credit risk based on borrower profile, financials, repayment capacity, and bureau reports (e.g., CIBIL).
• Prepare credit appraisal notes and recommend credit decisions / approvals within defined authority limits.
• Analyze customer financial documents like bank statements, income proofs, tax returns, business financials, etc. to determine risk.
• Ensure adherence to underwriting policies, credit guidelines, and approved risk frameworks.
• ✔ Risk & DocumentationIdentify potential red flags, discrepancies, or fraud risks during verification and underwriting.
• Maintain complete and audit-ready documentation for underwriting decisions and KYC checks.
• Monitor periodic KYC updates and renewals as per regulatory timelines.
• ✔ Collaboration & ReportingCoordinate with Sales, Operations, RCU (Risk Control Unit), and Compliance teams during the onboarding process.
• Prepare MIS and reports on KYC completion, underwriting outcomes, approvals, and risk metrics.
• Communicate credit decisions to stakeholders clearly and professionally.