cKYX Analyst

📋 Description

• • Join Tide, a rapidly growing fintech company revolutionizing business banking for SMEs globally, and become a vital part of our mission to save businesses time and money. With over 1.8 million members worldwide and a significant presence in India, Tide is at the forefront of innovation, offering integrated business accounts and administrative solutions.
• • As a cKYX Analyst within our Perpetual KYX team, you will play a critical role in the First Line of Defence, actively combating financial crime. Your primary responsibility will be to maintain the integrity and accuracy of member data through continuous monitoring and updating, ensuring robust risk management and compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.
• • This role involves a dynamic approach to Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), where you will meticulously review member profiles in near real-time. You will investigate 'triggers' or 'alerts' that signal potential discrepancies or changes in member information, requiring thorough verification and updates.
• • Your day-to-day activities will include performing comprehensive account reviews, both periodic and event-driven, to ensure ongoing compliance and risk assessment. This involves delving into member data to identify any anomalies or changes that require attention.
• • You will also be responsible for conducting transactional reviews, analyzing member financial activities to detect any suspicious patterns or behaviours that may indicate illicit financial practices.
• • A key aspect of your role is to ensure that all member information is kept up-to-date and accurate. This requires diligent data management and a proactive approach to updating records as new information becomes available or changes occur.
• • You will engage with members through written communication only, seeking clarification or requesting necessary documentation to complete your reviews. This requires clear, concise, and professional written communication skills.
• • Operating with a diverse range of data and documentation is central to this role. You will utilize various internal and external data sources, including public records, company registries, social media footprints, and transaction data, to build a comprehensive understanding of our members.
• • Your analytical skills will be crucial in cross-platform research, enabling you to gather and synthesize information from multiple sources to form well-reasoned conclusions.
• • You will conduct specific KYX-related analyses, including reviews of wrongful entity types and detailed nature of business assessments, to ensure our members align with regulatory requirements and our risk appetite.
• • Collaboration is key. You will work closely with various departments across the business, including compliance, risk, and operations, to share insights, resolve issues, and contribute to a cohesive anti-financial crime strategy.
• • You will be empowered to identify areas for improvement within our processes. By proactively suggesting enhancements to efficiency and member experience, you will contribute to the continuous evolution of our CDD and EDD frameworks.
• • Furthermore, you will have the opportunity to assist on different Remediation Projects, contributing to significant initiatives aimed at enhancing our compliance posture and addressing historical data gaps.
• • This role offers a unique opportunity to develop your expertise in financial crime prevention within a fast-paced fintech environment. You will gain invaluable experience in regulatory compliance, data analysis, and risk management, contributing directly to Tide's reputation and operational integrity.
• • By joining Tide, you become part of a global team committed to making a difference in the SME market. We foster a culture of innovation, collaboration, and continuous learning, providing you with the tools and support to excel in your career.
• • Embrace the challenge of safeguarding financial integrity and contribute to Tide's mission of empowering SMEs by ensuring a secure and compliant platform for all our members.