SVP/EVP - AML Compliance - Private Bank

- Need to be an AML subject-matter-expert with a proven track record

- Collaborative and a team player, able to work well with other staff including departmental colleagues, business, operations and technology teams.

- Team management experience

- Managing the monitoring of work assigned to the team and recommending process changes to increase efficiency.

- Knowledge and Understanding of Banking Regulations and Laws governing AML/KYC including FATF requirements

- Responsible for monitoring customer account activity using bank's monitoring tools including AMLOCK.

- Understanding of remittance transactions including Exchange House Business, demat, trade transactions based on regulations governing these aspects etc.

- Responsible for monitoring including periodic review of thresholds for monitoring AML transactions and recommend changes in thresholds.

- Understanding of Credit cards and Prepaid cards product including travel cards.

- Investigate any unusual matters escalated by business or identified through triggered event and where appropriate make a necessary recommendation to file STR. In doing so, draft the necessary STR.

- Provide AML inputs into any new business or product approval that may have AML risk

- Handle IT projects relating the AMLOCK / AML monitoring to improve the efficiency/remove obstacles

- Conduct fact-to-face AML trainings to staff as needed

- Self-starter, proactive with Can-Do attitude for a single contributor role.

- Manage any AML relevant audits or inspections, including liaise or coordination of audit matters and drafting management responses etc

- Any other matters assigned by line manager or the Head of KYC/AML