Associate/Senior Associate - Client Acceptance

It's never been a more exciting time to join Vistra. At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business - to help our clients achieve progress without friction.But progress only happens when people come together and take action. And we're absolutely committed to building a culture where our people can do just that.We have an exciting opportunity for you to join our team as Associate/Senior Associate. Reporting to the Manager, this full-time and permanent position is based in Mumbai/Indore, India and offers regional coverage, allowing you to make a significant impact to our Client Acceptance Department and its' growth. Key responsibilities:Apply risk analysis to evaluate the integrity risk of client by conducting extensive research related to financial crimes, identifying KYC gaps and liaising with internal teams and/or clients to obtain the required documents / information.Review and verify the obtained information and thoroughly document the analysis related to the client's nature of business, geographies, activities, sources of wealth / funds, corporate structure, political exposure, documentation of CDD and negative news screening etc.Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents, participate in internal governance calls with business / compliance providing accurate information about any issues and corrective actions.Review and thoroughly understand policies and procedures arising during the client onboarding and review process, in order to improve the customer's experience and organization's operations and additionally address local regulatory requirements;Ensure KPIs and performance expectations are delivered as per agreed SLAs on completeness, timeliness and accuracy standards. Ensure that the data on various systems and trackers is maintained accurately and timely.It is important that the candidate be exceptionally well organized and able to work under pressure to tight deadlines and is essential for them to be proactive. Key requirements: Sound knowledge and understanding of financial crimes and compliance such as anti-money laundering, counter terrorist financing, anti-bribery and corruption, tax evasion etc. and key concepts about various legal entity types, ownership chains / structures of varying complexity, understanding money flows, source of wealth and source of funds, PEPs, Sanctions etc.Good analytical, reporting and problem solving skills with attention to detail and experience with documenting processes and data verification and ability to effectively meet deadlines, manage expectations, collaborate with teams virtually and globally.Clear written and verbal communication skills with the ability to analyse and articulate various risks and adverse news and ability to evaluate and document mitigation measures in a concise and precise manner and comfort in communicating with clients, Vistra colleagues globally and third parties.Strong knowledge of Microsoft office Outlook, Word, Excel, and PowerPoint; SharePoint and WorldCheck / Napier or similar screening systems. Working knowledge of ViewPoint, Worksite and Enlighten is preferred2 to 5 years of relevant experience with Corporate service providers / Banks / Financial Institutions serving global customers such as corporates / trusts / funds / other legal entities.Demonstrated experience working on AML / KYC regulatory requirements of various jurisdictions globally with various processes such as client acceptance, ongoing reviews or trigger reviews, screening etc.Demonstrated experience working successfully with globally distributed teams in a shared service center or similar set-up with strong collaboration skills.Must be a graduate, degree preferably in the fields of legal, tax and/or compliance. Relevant AML, KYC certifications would be a plus Company Benefits:At our Vistra India office, we believe in putting our employees' well-being first! We offer a hybrid working arrangement.Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey! PRB