Best KYC Field Executive Jobs
The term "KYC" stands for "Know Your Customer." Prior to being permitted to make a purchase with a card or access their bank account, card members and customers must go through the verification process. Banks, as well as financial organisations like Visa, Mastercard, and American Express, carry out the KYC process.
Jobs for KYC field executives are very desirable in Ghaziabad. It is a city that is rapidly expanding, and there are lots of chances for career advancement there. In this city, the government sector is also expanding. These applicants are being hired by numerous businesses for the KYC executive position. Depending on their credentials and experience, they will receive a competitive salary package and other benefits.
Credit card processing companies recently introduced a new field called KYC (Know Your Customer), which presents an opportunity to make some extra money and connect with a new customer base that hasn't yet been reached by traditional marketing. The individuals employed as KYC Field Executives, also known as KYC Field Execs or Field Execs, serve as the intermediaries between the banks and their customers. In order to stop fraudulent transactions from occurring, this person will handle any task left unattended by a bank employee, such as responding to customer questions about transactions.
Roles and Responsibilities for KYC Field Executive Jobs
- Performing data quality reviews of Workstation KYCs to check for completeness, making sure that the KYC contains all necessary information to satisfy all regulatory, bank, legal, and audit requirements
- Keep thorough records of your clients for secondary inspection.
- Analyse client information, supporting documentation, and unfavourable press to establish the client risk profile as specified by the global KYC procedures.
- Keep tabs on and report any documentation errors
- learn about AML/BSA-related laws and regulations
- Review vendor databases, client documentation, and data entered into proprietary systems to complete KYC onboarding for new and existing customers (KYC Refresh).
- Other tasks assigned as part of the AML/KYC Business Quality
- collaborate globally on requests with the CID team
- In order to complete the task, communicate with the clients, credit, legal, front office, and operations as needed.
- Perform the necessary KYC screening on new clients by recording and verifying the data gathered about the client in accordance with the Global KYC Procedures and utilising a range of impartial research sources.
Top 3 Skills Required for KYC Field Executive Jobs
- Your education is the first consideration. You must have earned your degree from an accredited university and graduated from courses related to your field of employment. In the event that you have not yet graduated, it is preferable to begin your preparations as soon as possible. Numerous reputable institutions offer admission to a variety of programmes, including BBA, MBA, MCA, BCA, and others. Education and expertise in the field are crucial for obtaining Top KYC Field Executive Jobs.
- You need to be knowledgeable in information technology and computer science. This will aid in your selection for a lucrative position in the KYC industry.
- Since many jobs are only available through English mediums, such as telephonic interviews and video conference calls, it is also crucial that you be able to work under pressure and stress at any time without any difficulty or stress related to a lack of English language proficiency.
What is the Salary of a KYC Field Executive?
With an average annual salary of 2.2 Lakhs, KYC Executive salaries in India range from 1.0 Lakhs to 4.4 Lakhs.
What are the Top Cities for KYC Field Executive Jobs
What Major Industries are Frequently Hiring for KYC Field Executive Jobs
KYC is almost needed in every industry. But the major industry where KYC is mandated are:
- Asset management
- Real Estate Industry.
- Payment Industry and many more.