Video KYC Analyst Job Description Template
As a Video KYC Analyst, you will play a crucial role in our finance department by conducting video-based Know Your Customer (KYC) verifications. This position requires a keen eye for detail and a solid understanding of regulatory compliance to ensure the integrity of client onboarding processes.
Responsibilities
- Conduct video KYC verifications for new and existing clients.
- Ensure all KYC documentation is complete and compliant with regulatory standards.
- Identify and escalate any suspicious activities or discrepancies.
- Maintain accurate records of all client interactions and verifications.
- Collaborate with the compliance team to ensure up-to-date knowledge of regulatory changes.
- Provide exceptional customer service during the verification process.
- Assist in the development and improvement of KYC procedures.
Qualifications
- Bachelor's degree in Finance, Business, or related field.
- Previous experience in KYC or AML (Anti-Money Laundering) processes.
- Strong understanding of regulatory compliance requirements.
- Excellent verbal and written communication skills.
- High attention to detail and strong analytical skills.
- Ability to work independently and as part of a team.
Skills
- KYC
- AML
- Video Conferencing
- Regulatory Compliance
- Customer Service
- Data Entry
- Analytical Skills
- Communication Skills
Frequently Asked Questions
A Video KYC Analyst is responsible for verifying customer identities through video calls, ensuring compliance with regulatory standards. They review documents for authenticity, conduct interviews to confirm customer details, and maintain records of verification processes. This role is crucial in preventing identity fraud and ensuring secure customer on-boarding for businesses, particularly in banking and financial services.
To become a Video KYC Analyst, one typically needs a bachelor's degree in finance, business administration, or a related field. Previous experience in customer service, compliance, or risk management can be beneficial. Strong communication skills, attention to detail, and familiarity with video conferencing technologies are essential. Candidates may also pursue certifications in customer identity verification and anti-money laundering to enhance their prospects.
The average salary for a Video KYC Analyst varies depending on location, experience, and the employing organization. However, entry-level analysts typically earn a competitive salary that increases with experience, reaching higher levels in more senior roles. Individuals with advanced skills in compliance and risk management may command higher salaries, especially in the finance and banking industry, where security is prioritized.
A Video KYC Analyst position usually requires a bachelor's degree in finance, business, or a related field. Professional qualifications in anti-money laundering and customer identification procedures are advantageous. Candidates should also possess strong communication skills, technical proficiency in video conferencing tools, and a keen eye for detail to effectively verify the authenticity of customer documents and identities.
A Video KYC Analyst needs strong analytical skills to assess the validity of identification documents and conduct real-time verifications via video calls. Excellent communication skills are vital for interacting with customers and explaining verification processes. Responsibilities include maintaining compliance with regulations, documenting verification outcomes, and liaising with internal teams to enhance security measures, which is essential in preventing identity fraud in financial institutions.