Job Opening – KYC & Transaction Processing Analyst (India)

Job Details

• Position: KYC & Transaction Processing Analyst
• Location: India
• Job Type: Full-time
• Experience Required: 1-4 years
• Qualification: Graduate

About Sumitomo Mitsui Banking Corporation (SMBC)

Headquartered in Tokyo, Japan, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Established in 1876, SMBC is one of the largest Japanese banks in terms of assets, maintaining strong credit ratings across its global integrated network.

With a strong Japanese heritage, we prioritize customer-first services, offering personal, corporate, and investment banking solutions across the Asia Pacific region and beyond. Our commitment to sustainability and long-term economic growth is embedded in our strategy and operations.

Role Overview

We are seeking a KYC & Transaction Processing Analyst to join our team. This role involves conducting due diligence, screening customers, processing transactions, and ensuring compliance with KYC regulations. The ideal candidate will have prior experience in KYC processes, transaction processing, and regulatory compliance.

Key Responsibilities

KYC & Due Diligence:

✔ Conduct due diligence on new customers, screening and verifying KYC information.
✔ Request and review KYC documents, ensuring all relevant information is updated in the KYC workflow system.
✔ Perform periodic KYC reviews, including re-KYC processes and communicate with customers for document submission.
✔ Conduct enhanced due diligence (EDD) for High-Risk customers, Politically Exposed Persons (PEPs), and other flagged individuals.

Transaction Processing:

✔ Process customer transactions for Loans and Deposits, including preparation of instruction sheets.
✔ Liaise with customers and internal teams for:

• Inward/Outward Interest Remittance
• GST Invoices
• ECB Returns
• Balance Confirmation
• Interest Servicing (ECB & INR)
  ✔ Initiate quarterly interest rate resets by raising instruction sheets.

Internal Collaboration & Compliance:

✔ Work closely with Compliance and Operations teams to approve KYC records and ensure regulatory adherence.
✔ Submit necessary documents and share customer account information with internal teams.
✔ Coordinate with internal teams and clients to complete documents and submit additional information when required.
✔ Assist with any department-specific tasks as assigned.

Required Skills & Qualifications

✔ Knowledge of KYC processes and regulations.
✔ Experience in transaction processing.
✔ 1-4 years of experience in banking, compliance, or financial services.
✔ Graduate degree (mandatory).
✔ Strong analytical and communication skills.
✔ Ability to work collaboratively with internal teams and external stakeholders.

???? Apply now and be part of our global financial network!