KYC Executive

Job Description (JD) – KYC Executive

Position: KYC Executive

Department: Operations / Compliance

Location: Indore

Employment Type: Full-Time

Job Summary-

The KYC (Know Your Customer) Executive is responsible for verifying customer identities, reviewing documentation, conducting due diligence checks, and ensuring compliance with regulatory and company policies. The role involves maintaining accurate records and supporting AML (Anti-Money Laundering) compliance requirements.

Key Responsibilities

• Verify customer identity and address documents as per KYC guidelines.
• Review and validate customer onboarding applications.
• Perform customer due diligence (CDD) and enhanced due diligence (EDD) where required.
• Identify and escalate suspicious or high-risk customer profiles.
• Ensure compliance with KYC, AML, and regulatory requirements.
• Maintain accurate customer records and update databases.
• Coordinate with customers and internal teams for document collection and verification.
• Conduct periodic KYC reviews and account re-verification.
• Prepare reports and maintain audit-ready documentation.
• Resolve KYC-related queries within defined timelines.

Required Qualifications

• Graduate in any discipline (B.Com, BBA, BA, MBA preferred).
• 0–3 years of experience in KYC, Banking, Financial Services, Fintech, or Compliance.
• Freshers with strong analytical skills may also apply.

Skills Required

• Knowledge of KYC/AML regulations.
• Strong attention to detail and accuracy.
• Good communication and interpersonal skills.
• Proficiency in MS Excel and MS Office.
• Ability to handle confidential information.
• Strong analytical and problem-solving skills.

Preferred Experience

• Experience in banking, NBFC, stock broking, insurance, or fintech companies.
• Familiarity with PAN, Aadhaar, GST, CIN, and corporate KYC verification processes.

Key Performance Indicators (KPIs)

• Accuracy of KYC verification.
• Turnaround time (TAT) for customer onboarding.
• Compliance adherence rate.
• Error-free documentation and record management.

Salary Range

₹12,000 – ₹20,000 per month (depending on experience and location).

Reporting To: Compliance Manager / Operations Manager