Funded Here Private Limited – Intern, Compliance

Responsibilities:

• Assist in the client onboarding process by collecting and verifying all necessary KYC documentation in accordance with regulatory requirements and internal policies.
• Conduct thorough due diligence on prospective clients to verify their identity, assess their risk profile, and ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
• Review and analyse client-provided documentation, such as identification records, business licenses, and financial statements, to ensure accuracy and completeness.
• Assess the risk level associated with each client based on the information gathered during the KYC process and escalate any high-risk cases to the compliance team for further review.
• Stay updated on relevant regulatory requirements and industry best practices related to KYC and AML/CTF compliance and ensure adherence to all applicable laws and regulations.
• Maintain accurate and up-to-date records of all KYC activities and documentation, ensuring compliance with record-keeping requirements.
• Collaborate with other internal teams, such as legal, risk management, and customer support, to address compliance-related issues and facilitate the onboarding process.

Qualifications & skills:

• Accounting Background Preferred: A degree in accounting is a plus, but not required.
• Attention to details: Ability to meticulously review and analyse documentation to ensure accuracy and compliance with regulatory requirements.
• Analytical Skill: Strong analytical abilities to assess risk factors associated with client profiles and identify potential red flags or suspicious activities.
• KYC /AML regulation knowledge: Familiarity with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, including an understanding of relevant laws and regulatory guidelines.
• Teamwork & collaboration: Ability to work collaboratively within a team environment, as well as to collaborate with other departments to address compliance-related challenges and achieve organizational objectives.
• Adaptability: Capacity to adapt to changing regulatory requirements and operational procedures in a dynamic and fast-paced environment.