- Input to FCSU operating model design.  - Set and implement the vision, strategy, direction and leadership for the FCSU, consistent with the vision and strategy for FCC and in support of the Group's strategic direction and growth aspirations.  - Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the FCSU for necessary FCC controls.  Business   - Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.  - Resolve conflicts of interest arising from regulations and information security.  Processes   - Maintain and recommend (for approval by the relevant Committee), appropriate processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.  - Implement/roll-out Group and FCC processes/DOIs.  People and Talent   - Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.  - Develop communications strategies and plans that deliver timely and relevant messages to the right stakeholders through appropriate activities and channels.  - Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.  - Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.  - Collaborate with training teams to input to training curriculum to support closing of capability gaps.  - Help ensure the FCSU is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks.  - Help ensure staff in FCSU have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.  - Provide input at business, function, country and individual level as appropriate, on compliance matters which should have a bearing on remuneration pools or individual bonuses (for senior staff).  Risk Management   - Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.  - Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.  - Analyse significant financial crime risk events (e.g. SAR- s, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions.  - Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.  - Anticipate horizon risks in the area of financial crime that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.  - Provide advice on the application of risk management frameworks (e.g. ORF, GRA).  - Maintain oversight of risk mitigating action plans.  Governance   - Track significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.  - Propose control improvements, enhancements and simplifications where appropriate.  - Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).  - Minimum 15 years of relevant work experience in the following areas:  [For screening:   - Sanctions and screening (name and transaction) surveillance skills  - Analysis skills: able to analyze data, working knowledge of Internet and MS Office Suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.  - Banking: knowledge in terms of customers, products and transactions  - Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service oriented attitude.  - Excellent communication in English (articulation and writing).]  [For Monitoring:  - AML and terrorist financing surveillance skills in relation the respective country jurisdiction, and client types.  - Analysis skills: able to analyze data trends and out of pattern activities, working knowledge of Internet and MS Office Suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.  - Banking: knowledge in terms of customers, products and transactions with expertise in at least one customer segment (retail, corporate, private banking, correspondent banking)  - Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service oriented attitude.  - Excellent communication in English (articulation and writing).]

Bangalore

VP - Transaction Screening/Transaction Monitoring - BFSI 

VP - Transaction Screening/Transaction Monitoring - BFSI  ,Job Description for VP - Transaction Screening/Transaction Monitoring - BFSI  in GAMA Management Consultancy in  Bangalore for (14-17) years of experience. Apply Now!

Job Description for VP - Transaction Screening/Transaction Monitoring - BFSI  in GAMA Management Consultancy in  Bangalore for (14-17) years of experience. Apply Now!