KYB Analyst at Wahed (Mumbai, India)KYB Analyst

About Wahed:

The global financial system wasn't built for everyone. For millions of people, its reliance on interest (riba) creates a barrier to managing money and building wealth without compromising their values.

At Wahed, we're changing that. We are a global fintech company on a mission to build a new financial system - one that is ethical, accessible, and entirely interest-free. From our offices across the globe, our team is building products that were once deemed impossible, from pioneering Shariah-compliant equity ETFs, creating riba-free alternatives to high yield savings accounts, to creating no-leverage real estate investments for truly interest-free income producing assets. If you're driven to solve complex problems and believe finance should empower, not exclude, join us in building a more equitable financial future.

Job Description:

• Conduct Know Your Business (KYB) due diligence checks on prospective and existing vendors, reviewing documentation submitted by the Manager to identify and assess risk.
• Complete due diligence reviews within a reasonable timeframe of 1-2 business days from receipt of complete documentation.
• Liaise directly with vendors, where authorised by the Manager, to obtain any outstanding information or documentation required for onboarding.
• Act as designated owner of the Vendor Master, creating and maintaining vendor records and ensuring

information is accurately and promptly reflected throughout the vendor lifecycle.

• Record vendor criticality classifications and supporting rationale in the Vendor Master,

based on determinations communicated by the Local Compliance Team and Country Head.

• Share due diligence findings with the Local Compliance Team and support resolution of

any requests for further documentation.

• Facilitate rectification of, and updates to, the Vendor Master where inconsistencies are

identified during monthly compliance reviews.

• Proactively track vendor agreement expiry dates and initiate the renewal or termination

process no later than one month prior to expiry.

• Consult with Managers on renewal, renegotiation, or termination decisions, and liaise

with the Legal team to prepare any required documentation.

• Confirm final renewal, renegotiation, or termination decisions in writing to the Local Compliance Team and

Country Head, and update the Vendor Master with the relevant decision and status.

Job Specification:

• 1 to 3 years of experience in KYB, KYC, AML, or Third-Party/Vendor Due Diligence.
• Should possess strong verbal and written communication skills with an eye for detail.
• Should be able to liaise directly with vendors and internal stakeholders (Managers,

Compliance, Legal) via calls, emails and chat.

• Knowledge in MS Office and comfortable maintaining structured trackers and records

(e.g. Vendor Master).

• Ability to manage and complete specific tasks with minimal direction.
• Willingness to continuously learn, upgrade skills and stay relevant to business demands.