--- title: 'Senior KYC Analyst at Novo' canonical: 'https://feeny.ai/job/senior-kyc-analyst-novo-bengaluru-sqteyx4vhtfq' type: 'job' last_seen: '2026-09-06' --- # Senior KYC Analyst at Novo - **Company:** Novo - **Location:** Bengaluru, India - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-08-26 - **Last confirmed live:** 2026-09-06 - **Apply:** https://jobs.ashbyhq.com/novo/e9fbfb75-c352-49d5-b484-bf828b69dcfb ## Job description ## ABOUT US : Small businesses are the backbone of the US economy, comprising almost half of the GDP and the private workforce. Yet, big banks don’t provide the access, assistance and modern tools that owners need to successfully grow their business. We started Novo to challenge the status quo—we’re on a mission to increase the GDP of the modern entrepreneur by creating the go-to banking platform for small businesses (SMBs). Novo is flipping the script of the banking world, and we’re excited to lead the small business banking revolution. At Novo, we’re here to help entrepreneurs, freelancers, startups and SMBs achieve their financial goals by empowering them with an operating system that makes business banking as easy as iOS. We developed modern bank accounts and tools to help to save time and increase cash flow. Our unique product integrations enable easy access to tracking payments, transferring money internationally, managing business transactions and more. We’ve made a big impact in a short amount of time, helping thousands of organizations access powerfully simple business banking. WHY NOVO? - Novo is a rapidly growing series B fintech startup with a mission-driven team that’s passionate about helping every small business in America - Positive, inclusive, supportive culture cheering you on your journey - We work with very new technologies and architecture patterns - Offices in NYC and India ## ROLE SUMMARY: We are looking for a Senior KYC Analyst who understands how to ensure that our platform can continue operating in an efficient manner while minimizing downside losses and reducing friction in the onboarding process. If you're passionate about working for a revolutionary early-stage startup, poised for rapid growth and expansion then we want to chat. Are you ready to revolutionize the small business banking industry with us? ## ABOUT THE ROLE: - Understand and manage KYC and AML processes - Support the origination and in-life management of deposits by handling the Customer/Enhanced Due Diligence during on-boarding and in-life periodic reviews. - Process all applications through a workflow system effectively, within agreed SLAs and goals, and in compliance with company policies and procedures. - Perform due diligence checks on prospective and existing customers, such as requesting KYC information and documentation. - Conduct enhanced due diligence on high risk customers, including evaluation of client responses to sources of wealth and intended use of account. - Investigate identified suspicious clients generated by the screening system, such as WorldCheck and OFAC list. - Analyze the AML/CFT risk of Politically Exposed Persons (PEP), adverse information, business exposure in high risk & sanctioned countries and escalate the issues to the Legal Team for approval. - Identify, monitor, evaluate and address customer account actions to address potential risk, fraud or suspicious activity. - Follow internal policy and procedures when dealing with account related suspicious activity. - Cross reference multiple databases for potential undesirable client matches. ## REQUIREMENTS FOR THE ROLE: - 3-5 years experience working in KYC/compliance related role in the financial services/banking industry - Background working in U.S. markets, in a fintech/tech company, or both. - Comfortable working in the US Shift - Deep domain expertise in end-to-end KYC and KYB due diligence, supported by a strong operational understanding of sanctions screening, financial crime risk mitigation and BSA/AML compliances. - Experience with Screening/Data mining and using different search engines in prior role. - Proficient in MIS, Understanding Data sensitivity, MS Office, with strong Excel skills (e.g., VLOOKUP/XLOOKUP, Pivot Tables, data formatting and Understanding Dashboards) - An interest in financial crime and idea of digging deeper, looking into customer behaviors and identifying key characteristics of fraudulent users. - Work on process improvements, conducting training and develop standard operating procedures - Ability to oversee critical analytics projects from end to end independently. - Ability to think outside the box, work with limited data, and find solutions to unorthodox problems. - Excellent written and verbal communication skills. - Ability to thrive in an ambiguous environment and adapt quickly to changing priorities; focused on getting things done in a highly organized way. - Ability to work cross-departmentally, without the need for extensive hierarchical corporate structure - An inquisitive and highly detailed oriented work ethic Novo values diversity as a core tenant of the work we do and the businesses we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information or any other protected characteristic. ## About Novo ## Company Overview - **One-liner**: Novo provides a free online business checking account and financial platform designed to simplify banking, bookkeeping, and cash flow management for independent businesses and solopreneurs. - **Entity Type**: Private (Series B, additional debt financing) - **Headquarters**: New York, New York, United States - **Founded**: 2016 - **Founders**: Not specified on official sources; CEO is Michael Rangel (mentioned in LinkedIn updates). ## Core Business - Primary industry/industries: Fintech / Small Business Banking - Target customers: B2B – small businesses, freelancers, solopreneurs, and independent operators. - Mission or purpose statement: “Remove the usual hassles of business banking and empower companies to reach their full potential with free checking, automated tools, and seamless integrations—all in one platform.” [novo.co] ## Products & Services - **Novo Business Checking**: Free business checking account with no hidden fees, up to 2.00% APY on Reserves, early pay, and FDIC insurance through Middlesex Federal Savings, F.A. [novo.co] - **Novo Credit Card**: Small business credit card (issuance details not fully disclosed). - **Bookkeeping & Invoicing**: Integrated tools for tracking expenses, sending invoices, and accepting payments. - **Novo Reserves**: Automated savings pools for taxes and big expenses. - **AI‑Powered Features**: “Built with AI You Trust” – includes intelligent cash flow insights and spending categorization. [novo.co] - **Integrations**: Connects with QuickBooks, Xero, Stripe, Shopify, and other popular business tools. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed. - **Key Metric**: Annual Revenue of $20 M (LinkedIn estimate) [linkedin.com/company/novo-hq]; served over 250,000 small businesses as of 2026. - **Notable Investors/Partners**: Stripes (led Series B – $90M), Victory Park Capital (provided $125M debt facility), Valar Ventures, Crosslink Capital, Techstars, and others. [cbinsights.com][linkedin.com/company/novo-hq] - **Growth Signals**: - Named to Inc. 5000 Fastest Growing Companies two years in a row (top 100 overall, top 10 in financial services). [linkedin.com/company/novo-hq] - Launched a suite of credit, bookkeeping, and financing solutions at Money20/20 in October 2024. - Active job postings increased 433% year‑over‑year (as of mid‑2026). [linkedin.com/company/novo-hq/jobs] ## Competitive Advantages - **Free core checking** with no minimums or fees – a strong differentiator against traditional banks and many neobanks. - **Integrated financial tools** (invoicing, bookkeeping, reserves) reduce the need for third‑party software for solopreneurs. - **AI‑driven insights** and early‑pay capabilities improve cash flow visibility. - **Large and active community** of 250,000+ small business users, providing network effects and user‑driven product feedback. ## Strategic Focus - **Expanding financial product suite**: Adding credit cards, lending, and more sophisticated cash management features. - **Deepening AI capabilities**: Using machine learning to provide actionable financial recommendations. - **Scaling international operations**: Offices in India (Bengaluru, Ahmedabad, Gurugram) and Miami suggest a push into diverse talent pools and possibly new markets. - **Continued hiring surge**: 16 active roles and 433% YoY job posting growth indicate aggressive build‑out across engineering, fraud, marketing, and legal. ## Why Work Here - **Flexible working**: Employees in hub cities (NYC, Miami) work in‑office 3x per week; fully remote roles may also exist. [novo.co/careers] - **Compensation**: Competitive salaries and stock options for every full‑time employee. [novo.co/careers] - **Health & perks**: Medical, dental, and vision insurance; team lunches every Wednesday. [novo.co/careers] - **Culture values**: “Operate like an owner,” “Embody the underdog,” “Unique and united,” and “Win or learn.” [novo.co/careers] - **Global & diverse team**: Employees across 7 countries; technical roles make up the largest department (~50 employees). [linkedin.com/company/novo-hq] - **Employee rating**: 3.7/5 on LinkedIn (based on 3 reviews) – work‑life balance and compensation rated 4.0, culture rated 2.0. [linkedin.com/company/novo-hq] ## Sources 1. [novo.co – Company homepage](https://www.novo.co/) 2. [novo.co/careers – Careers page](https://www.novo.co/careers) 3. [CB Insights – Novo company profile](https://www.cbinsights.com/company/novo-platform) 4. [LinkedIn – Novo company page](https://www.linkedin.com/company/novo-hq) 5. [LinkedIn – Novo jobs](https://www.linkedin.com/company/novo-hq/jobs) ## Other roles at Novo - [Compliance Specialist](https://feeny.ai/job/compliance-specialist-novo-remote-gf14m0s7s25k) - [Operations Intern](https://feeny.ai/job/operations-intern-novo-bengaluru-8mxa4fgh66rj) — Bengaluru, India - [Senior Product Manager, Banking](https://feeny.ai/job/senior-product-manager-banking-novo-new-york-dfgkwe5dzmky) — New York, NY - [Senior Manager, Customer Support & Success](https://feeny.ai/job/senior-manager-customer-support-success-novo-united-states-p6q9mf1j5q6x) — United States - [Senior Product Manager, SMB Platform](https://feeny.ai/job/senior-product-manager-smb-platform-novo-new-york-vawmqj5cb7sb) — New York, NY - [Technical Lead](https://feeny.ai/job/technical-lead-novo-bengaluru-8tjfwbx84b2v) — Bengaluru, India - [Senior Designer](https://feeny.ai/job/senior-designer-novo-new-york-jwtse4cabcds) — New York, NY