Analyst, Specialist - Know Your Customer, Small Medium Enterprises

Business Function

Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.

Job Purpose

To conduct customer due diligence and KYC reviews for SME Banking and Institutional Banking clients, ensuring compliance with AML regulations, internal policies, and regulatory requirements. The role is responsible for identifying and mitigating financial crime, regulatory, and reputational risks while supporting efficient client onboarding and periodic reviews.

Key Accountabilities

Conduct KYC, CDD, and EDD reviews for new and existing customers in accordance with regulatory and bank policies.Assess customer risk profiles by reviewing client information, financial statements, ownership structures, and supporting documentation.Ensure timely completion and accuracy of KYC documentation, onboarding reviews, remediation activities, and periodic reviews.Identify, investigate, and escalate potential AML, sanctions, financial crime, or regulatory concerns.Partner with Relationship Managers, Compliance, Legal, Operations, and other stakeholders to resolve KYC-related issues.Maintain complete and accurate customer records and documentation to support audit and regulatory requirements.Monitor regulatory developments and ensure adherence to AML, KYC, FATCA, CRS, and other applicable compliance requirements.Support internal audits, regulatory inspections, and compliance monitoring activities.Drive continuous process improvements to enhance efficiency and control effectiveness within the KYC function.

Job Duties & Responsibilities

Conduct thorough Know Your Customer (KYC) reviews and due diligence on prospective and existing clients within the SME Banking and Institutional Banking GroupAnalyse client information, financial data, and other relevant documents to assess risk and ensure compliance with regulatory requirementsCollaborate with cross-functional teams, including relationship managers and compliance officers, to identify and mitigate potential risksStay up to date with the latest regulatory changes and industry best practices related to KYC and anti-money laundering (AML) proceduresProvide guidance and support to relationship managers and clients on KYC and AML-related mattersMaintain accurate and comprehensive records of client information and KYC documentation

Requirements

Minimum 3-5 years of experience in a similar role, preferably in the banking or financial services industryMinimum 3-5 years of experience in KYC, AML, Financial Crime Compliance, Client Onboarding, or Regulatory Compliance within Banking or Financial Services.Strong analytical and problem-solving skills with the ability to identify and assess risksExcellent communication and interpersonal skills to interact with clients and cross-functional teamsThorough understanding of KYC, AML, and other relevant regulatory requirementsProficient in using relevant software and technology tools to manage client information and documentationAbility to work independently and as part of a team

Education / Preferred Qualifications

Bachelor's Degree in Commerce, Finance, Accounting, Economics, Business Administration, or a related discipline.

Core Competencies

Analytical ThinkingRisk Assessment & Decision MakingAttention to DetailProblem SolvingCustomer Due DiligenceRegulatory ComplianceStakeholder ManagementCommunication & Interpersonal Skills

Technical Competencies

KYC / CDD / EDD ProcessesAnti-Money Laundering (AML) RegulationsSanctions Screening & Watchlist ManagementFATCA & CRS RequirementsRegulatory Compliance FrameworksCustomer Risk Rating MethodologiesAdverse Media ScreeningFinancial Statement Analysis

DBS India - Culture & Behaviours

DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working, and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviours are:

Demonstrate Business Performance through PRIDE 2.0 Value Based PropositionsEnsure Customer Focus by Delighting Customers & Reduce ComplaintsBuild Pride and Passion to Protect, Maintain and Enhance DBS’ ReputationEnhance Self Knowledge, Skills and develop Competencies aimed at continuous improvementMaintain the Highest Standards of Honesty and Integrity.

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Location:

Mumbai

Job:

Compliance

Schedule:

Regular

Employee Status:

Full time