AML Customer Due Diligence (CDD) Process Associate

Process Associate

Job Family:

GIC Process (India)

Travel Required:

None

Clearance Required:

None

What You Will Do:

• Review subject information obtained from multiple sources such as internal and subscription databases, provided documentation, public records, and open-source research.

• Review system generated alerts for potential risks, assess if additional EDD procedures are required to mitigate identified risks associated with that subject, and provide a written recommendation to conduct additional EDD procedures, in accordance with client and internal procedures.

• Determine if a subject is on a sanctions, watch, debarment, political exposure, or other prohibited entity list using proprietary databases and public records research, as necessary.

• Conduct targeted public records and open-source research to identify a subject’s corporate, professional and risk profile such as criminal and civil litigation profile, regulatory profile, debt profile, and adverse media profile; and

• Provide comprehensive and detailed written narrative of findings and potential risks.

• The AML CDD team performs customer due diligence reviews and seeks to mitigate risks associated to customers risk profile. They apply research and analytic techniques to digest complex information sets to make logical and adequately supported determinations regarding risk profile of the customer. The CDD process includes the following steps: -Performing complete CDD KYC & Risk assessment of the client’s customers profile, which includes (but not limited to)

• Reviewing customer information obtained from multiple sources like internal database, documentations, third party vendors, Internet research.

• Verifying the customer’s identity and assessing the risks associated with that customer.

• Screening customers against prohibited lists.

• Reviewing transactions and identifying suspicious or high-risk activities.

• Ensures accuracy of information gathered and provides comprehensive narrations on the customers risk profile.

• Utilize such information in detecting, monitoring, and reporting suspicious activity.

• Perform background checks using various screening tools and take decisions whether to report the risk.

What You Will Need:

• Minimum 3 year of experience assessing and reviewing system generated and manual AML alerts for potentially suspicious activity.

• Experience working on EDD, investigative due diligence, customer due diligence or other risk-based public records and open-source research review.

• Working knowledge of PEP screening, sanctions screening, and adverse media screening processes.

• Working knowledge of public records and open-source research.

• Experience working at MNCs in global processes in Financial Services or Regulatory compliance.

• Experience working for financial institutions, such as banks (preferably global), NBFCs, or other Financial Institutions.

• Experience working in a Global AML-CDD/EDD/KYC/Transaction Monitoring or other Banking/Financial Services or Financial Services Regulatory compliance processes.

• Solid Excel skills.

• Effective oral and written communication skills.

What Would Be Nice To Have:

• Experience in FinTech / Crypto exchanges

• Must have a bachelor's degree in any stream from a recognized university

• CAMS (Certified Anti-Money Laundering Specialist)

What We Offer:

Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

About Guidehouse

Guidehouse is an Equal Opportunity Employer–Protected Veterans, Individuals with Disabilities or any other basis protected by law, ordinance, or regulation.

Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.

If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at RecruitingAccommodation@guidehouse.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.

All communication regarding recruitment for a Guidehouse position will be sent from Guidehouse email domains including @guidehouse.com or guidehouse@myworkday.com.  Correspondence received by an applicant from any other domain should be considered unauthorized and will not be honored by Guidehouse.  Note that Guidehouse will never charge a fee or require a money transfer at any stage of the recruitment process and does not collect fees from educational institutions for participation in a recruitment event. Never provide your banking information to a third party purporting to need that information to proceed in the hiring process.

If any person or organization demands money related to a job opportunity with Guidehouse, please report the matter to Guidehouse’s Ethics Hotline. If you want to check the validity of correspondence you have received, please contact recruiting@guidehouse.com. Guidehouse is not responsible for losses incurred (monetary or otherwise) from an applicant’s dealings with unauthorized third parties.

Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.

Experience Level

Entry Level