Head - AML & KYC Transaction Monitoring

Description:

Role Summary:

We are seeking an experienced professional to lead the AML & KYC Transaction Monitoring function, ensuring robust compliance with regulatory frameworks and safeguarding the organization against financial crime risks.

The role involves driving policy, governance, monitoring frameworks, and regulatory reporting while enabling technology-led transformation.

Key Responsibilities:

- Lead end-to-end AML transaction monitoring and reporting framework across the organization

- Ensure compliance with Prevention of Money Laundering Act (PMLA) guidelines and regulatory requirements

- Own and drive KYC/AML policies, procedures, and governance frameworks

- Manage transaction monitoring unit including alert generation, investigation, and closure

- Oversee CTR/STR decision-making and ensure accurate regulatory reporting

- Interface with regulators such as Reserve Bank of India and Financial Intelligence Unit India

- Lead responses to regulatory audits, inspections, queries, and investigations

- Drive automation, analytics, and technology transformation in AML processes

- Collaborate with Business, Risk, IT, and Operations teams for effective compliance alignment

- Design and implement AML/KYC training and awareness programs across the organization

Key Result Areas (KRAs):

- Strengthen AML transaction monitoring framework with high detection accuracy and reduced false positives

- Ensure 100% compliance with regulatory reporting timelines (CTR, STR, etc.)

- Enhance efficiency through automation and process optimization in AML workflows

- Maintain strong regulatory relationships and achieve successful audit outcomes

- Reduce financial crime exposure and ensure proactive risk mitigation

- Improve alert investigation turnaround time and case closure quality

- Build a strong compliance culture through training and stakeholder engagement

Required Skillsets:

- Strong domain expertise in AML, KYC, transaction monitoring, and financial crime compliance

- Deep understanding of regulatory frameworks including PMLA, RBI, and FIU guidelines

- Experience in managing CTR/STR reporting and regulatory interactions

- Hands-on experience with AML monitoring tools, case management systems, and data analytics

- Proven ability to drive process automation and digital transformation initiatives

- Strong stakeholder management and cross-functional collaboration skills

- Excellent analytical, investigative, and decision-making capabilities

- Experience in handling regulatory audits and compliance reviews

- Leadership experience in managing and scaling high-performing teams