Quality Control CDD- AVP

OakNorth is seeking a Quality Control CDD- AVP to join their Client Onboarding function in Gurugram. The role involves conducting quality reviews of due diligence research and administrative duties for new and existing clients, with a focus on UK and US AML/KYC/CDD/EDD requirements. The successful candidate will have excellent understanding of financial crime prevention frameworks and technical expertise in financial crime prevention systems and controls.

Requirements

• Minimum 7 years' experience in financial services, ideally within commercial lending or banking.
• Excellent understanding and experience of AML/KYC, CDD/EDD, and broader financial crime prevention frameworks.
• Strong working knowledge of UK and US AML, CTF and related regulatory guidance.
• Ability to calculate ownership percentages and identify beneficial owners/PSCs, including in complex structures.
• Proficiency with AML and onboarding systems.
• Understanding of Anti-Facilitation of Tax Evasion (AFTE) obligations under the Criminal Finances Act 2017.
• Proficient in AEOI (FATCA/CRS) processes — validating self-certifications, TIN formats, and reportable jurisdictions.
• Knowledge of FSCS eligibility assessment, including SME classification and application of PRA/FCA guidance.
• Awareness of Immigration Act 2014 Section 40A responsibilities — batch verification and disqualified account reporting.
• Understanding of Consumer Duty principles, ensuring onboarding and QC processes align with fairness, transparency, and outcome-based obligations.
• Familiarity with CDD for trusts, legal arrangements, and foundations, verifying all relevant parties.
• Experience reviewing CDD for complex lending arrangements (co-lend, syndicated, warehouse, and secondary market transactions).
• Knowledge of source of funds and source of wealth reviews, with appropriate verification for EDD/EDD+ clients.

Benefits

• Generous Paid Time Off
• 401k Matching
• Retirement Plan
• Visa Sponsorship