This opening is with Leading Bank in Mumbai.

Job Description :

- Lead IT projects relating the AML monitoring system.

- Have understanding of AML systems / IT projects relating the AMLOCK / AML monitoring.

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

- 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,

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

- 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.

- Clear understanding of regulatory reporting requirements.

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

- Conduct regular AML trainings to staff as needed

- Ability to handle senior management expectations by communicating AML requirements

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

- Any other matters assigned by the Head of Unit or line manager.

- Knowledge of PMLA, RBI regulations, FATF guidelines etc,

- Experience in AML or audit function or other control functions,

- Experience in monitoring framework- AML/Audit/ Fraud risk

- Eye for details and good learning acumen,

- Good analytical, communication (verbal and written) skills & inter personal skills,

- Team handling experience

- A MBA from a reputed institute,

- 8-10 years post qualification experience in Financial Services environment with at least 4-5 years of experience in AML Compliance function in a reputable bank.

- Impeccable integrity and compliance consciousness.

CTC : 16 to 25 lacs

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.