AML- KYC Analyst

About Us Founded in 2006, Rite Software is a global IT consulting company headquartered in Houston, Texas. Rite Software delivers strategic IT solutions for clients facing complex challenges involving cloud applications, cloud infrastructure, analytics and digital Transformation. Job Description This is a remote position. Job Description: · Experience:- 1 to 3 Years of Experience only . . Verify that entities has name, date of birth (individual account holders), address and an identification number for each account holder · Obtain or oversee acquisition of identity of beneficial owners of entities holding accounts · Rate risk level of account holders based on factors such as geography, nature of business, reliance of entity on cash transactions, products and services used and source of funds · Retrieve supplemental information about customers as required by law · Classify customers as “Politically Exposed Persons” based on regulatory criteria and guidelines · Examine information concerning foreign individuals or entities opening or maintaining accounts · Research on periodic basis activities of customers, using the public domain, services · Update information on ownership of institutional or organizational customers · Track “Know-Your Customer” files and deposits, withdrawals and other customer transactions and activities · Report suspicious activity by customers to compliance officers and other leadership in the institution