Head - AML Cell - Bank

Head - AML Cell

- Reasonable understanding of the provisions of the Prevention of Money Laundering Act.

- Knowledge of Regulatory Reporting to Financial Intelligence Unit of India.

- Framing of Rules/Logic/Thresholds for AML scenarios for AML Transaction Monitoring scenarios.

- Screening of Names / remittance transactions against negative list as per legal / regulatory requirements.

- Risk Categorisation of Customers - Onboarding and periodic risk.

- Formulation of Rules for Name Screening in RAMP application and optimization of rules for reduction of false positives.

- Preparation of appropriate responses to Regulators and Law Enforcement agencies, Board Notes toSenior Management.

- Understand and interpret AML/ KYC policies and processes.

- Handling internal / external audit assessments on AML.

- Drafting of Standard Operating Procedures, Country Risk from AML perspective

- Ensure Risk and Controls are updated and monitored through each AML processes