Senior Consultant - KYC Analyst

As a Senior Consultant - KYC Analyst at Capco, your key responsibilities include participating in AML monitoring and governance, managing compliance activities, preparing electronic KYC records, reviewing customer accounts for identity verification, conducting due diligence for AML compliance, and documenting risks associated with customer interactions. You will also prepare suspicious activity reports and work collaboratively to identify and mitigate key risks in the client lifecycle management process.

To apply for the Senior Consultant - KYC Analyst role at Capco, you should possess at least 5 years of relevant KYC/AML experience. A strong understanding of federal regulations such as the BSA and USA PATRIOT Act is essential. Additionally, effective communication skills, critical reasoning capabilities, and the ability to work collaboratively with stakeholders at various levels are key qualifications for success in this position.

Yes, prior experience in banking, preferably with large national or multinational banks, is highly desired for the KYC Analyst position at Capco. Understanding banking products and client procedures will significantly enhance your effectiveness in executing the responsibilities associated with managing clients’ KYC processes and compliance obligations.

At Capco, career development is vibrant and dynamic. As a Senior Consultant - KYC Analyst, you’ll find ample opportunities to learn and grow rapidly due to our entrepreneurial spirit. With minimal internal bureaucracy, you’ll have the freedom to present innovative ideas and undertake challenging projects, paving the way for quick promotions and advancement in your field.

Capco is committed to supporting its employees' professional development by offering a culture focused on continuous learning and innovation. This includes tuition reimbursement, mentorship programs, and a variety of internal training resources to ensure that employees can refine their skills and grow in their careers, enhancing both their personal growth and contributions to the company.

When answering this question, highlight your specific experiences related to KYC and AML compliance. Discuss any relevant projects, your familiarity with regulations like the BSA and USA PATRIOT Act, and how you applied this knowledge to enhance client due diligence processes in previous roles.

Address this by outlining a systematic approach to handling discrepancies. Explain how you assess the situation, gather additional information, communicate with stakeholders, and adhere to compliance policies, emphasizing attention to detail and analytical skills.

Discuss any specific instances where you identified suspicious activities and the process you followed to prepare SARs. Mention adherence to regulatory requirements and how your actions contributed to mitigating risk for the organization.

Choose a specific project, describe the challenges faced, and detail the strategies you implemented to overcome them. Focus on your problem-solving skills, ability to remain meticulous under pressure, and the resulting positive outcome.

Share your methods of keeping abreast of regulatory changes, such as following industry publications, attending webinars, participating in professional organizations like ACAMS, and how you integrate this information into your compliance practices.

Discuss your approach to developing customer risk profiles, including the key factors you consider such as geography, transaction behavior, and account type. Emphasize the importance of thorough analysis and continuous monitoring.

Highlight your collaboration skills and how you build relationships with cross-functional teams. Mention strategies for effective communication, fostering a positive atmosphere, and finding common ground to facilitate smoother processes.

Provide examples of specific tools or software used in your previous roles for AML monitoring. Discuss how you employed them to enhance detection capabilities and manage compliance with reporting requirements.

Emphasize techniques for time management such as prioritizing tasks, utilizing organizational tools, and setting deadlines. Provide an example of how effective time management allowed you to meet compliance deadlines successfully.

Describe step-by-step how you would approach the situation, including conducting detailed due diligence, consulting internal policies, and potentially escalating the matter to relevant stakeholders while maintaining compliance and organizational integrity.