Job Details:
Purpose of the Job:
The incumbent will be responsible to ensure that the Bank complies with AML regulations and provides necessary support to the Compliance function in monitoring of transactions.
Deliverables:
- Closure of alerts with respect to AML
- Recommending STRs on cases fit for STR filing
- To do various transaction monitoring activities
- Preparation and Updation of data for FIU reporting
- Suggesting AML process improvement plans to eliminate gaps
- Ensuring that the Bank complies with FIU/RBI regulations
Demonstrate:
- Result-oriented with ability to complete tasks within the timelines defined by the Regulator
- In-depth knowledge on PMLA including FIN Gate
- Analytical and problem-solving abilities
- Excellent communication skills
- Hands on MS-Excel; SQL would be an added advantage
Decision Level:
Prime: Final Decision-Making authority, accountable to the Management:
- Closure and Recommendations on AML alerts
- Conduct trainings on RBI Compliances
- Process Improvement Plans
- Reporting and presentations on non-compliances
Shared: Decisions reached jointly with peers on a collective basis:
- Documentation on AML procedures
- Coordinate with other Control functions
Contributory: Makes a major contribution to a decision or policy judgment reached by others:
- Guidance to staff and various team members on AML related issues.
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