Business Banking Liabilities Officer – Profile Change

About the role

The role involves managing customer profile changes for business banking liabilities, ensuring accuracy, regulatory compliance, and smooth coordination across multiple internal teams.

Key responsibilities

• Process and validate requests for changes in customer profiles, ensuring updates are reflected in core banking systems.
• Verify changes against KYC, AML, FATCA and internal policies, flagging any discrepancies or suspicious activity.
• Liaise with Relationship Managers, Operations, Credit and Compliance teams to execute profile changes efficiently.
• Maintain accurate records of all requests and conduct periodic data consistency checks.
• Identify process gaps, suggest enhancements and support automation initiatives to reduce turnaround time.
• Prepare daily/monthly MIS reports, track SLA adherence and escalate delays as needed.

Required profile

• Bachelor's degree in Commerce, Business Administration or a related field.
• Minimum of 2 years’ experience in banking or financial services with a focus on compliance.
• Strong knowledge of various legal structures (sole proprietorship, partnership, LLC, etc.) and related documentation.
• Experience in business controls, compliance support and effective customer communication.