Chief KYC (Know Your Customer) Officer (CKYCO)

Job Description: Chief KYC (Know Your Customer) Officer (CKYCO) Industry: Banking, Financial Services, Insurance, Investment Job Type: Full-Time Reporting To: Chief Compliance Officer (CCO) / Chief AML Officer (CAMLO) / Chief Risk Officer (CRO) Job Summary The Chief KYC Officer (CKYCO) is responsible for overseeing the organization's KYC, Customer Due Diligence (CDD), and onboarding frameworks to ensure compliance with regulatory requirements and effective management of customer-related risks. This role plays a critical part in preventing financial crime by ensuring robust customer identification, verification, and risk assessment processes across all business lines. Key Responsibilities 1. KYC Strategy & Framework Develop and implement enterprise-wide KYC/CDD strategies and frameworks Ensure alignment with AML/CFT regulations and organizational policies Establish risk-based customer onboarding and due diligence processes Continuously enhance KYC practices to address emerging risks 2. Customer Due Diligence (CDD/EDD) Oversee CDD and Enhanced Due Diligence (EDD) processes Ensure accurate customer identification, verification, and risk profiling Manage onboarding of high-risk customers and complex cases Ensure compliance with regulatory KYC requirements 3. KYC Operations & Process Management Oversee end-to-end KYC operations, including onboarding, periodic reviews, and remediation Improve operational efficiency and turnaround time for KYC processes Standardize KYC procedures across business units Monitor and resolve KYC backlogs and issues 4. Regulatory Compliance & Reporting Ensure compliance with KYC-related regulatory requirements Support AML and compliance teams in regulatory reporting and audits Maintain audit-ready documentation and records Monitor regulatory changes impacting KYC processes 5. Risk Assessment & Monitoring Conduct customer risk assessments and segmentation Monitor high-risk customers, PEPs, and complex client structures Identify and mitigate cust