Financial Crimes Compliance :

Looking for "Head - Financial Crime Compliance". Exp: 20+yrs. Should be from Banking Operations background with exposure to any Global Risk Functions like AML/Fraud control / Fraud management OR from Banking BPO with some exp in AML, Customer Due Diligence, Transaction monitoring etc. He/she should have managed min 3000+ people (as this will manage 4500 people).

Package is open.

Location - Hyderabad.

Department Profile :

- Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction advise on a new product introduction; develop a training program or defuse an investor dispute.

- They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world.

- They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.

Team Profile :

- Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm's enterprise-wide financial crime prevention efforts.

- GFC includes several legal and compliance disciplines and has responsibility for governance, oversight and execution of the Firm's Anti-Money Laundering (AML), Economic Sanctions, Anti-Corruption and Government.

- GFC also develops and/or assists in the development of appropriate policies and procedures, including those designed to assist the business units to know their clients and conduct appropriate due diligence and to prevent, detect and report potentially suspicious activity.

- GFC has dedicated coverage managers and teams of analysts who advise and counsel each business unit regarding its AML, economic sanctions and anti-corruption obligations and its particular clients and transactions.

- The AML, sanctions and anti-corruption obligations associated with the Firm's business in the region. It is led by the Head of Financial Crimes who reports to the Global Head of Compliance.

Primary Responsibilities :

- Staying abreast of Financial Crime related regulatory updates, enforcement actions and typologies. Challenge existing systems and processes, looking for enhancements and efficiencies where possible.

- Using your extensive knowledge and experience in Financial Crime Compliance to act as an escalation point and mentor for junior members of the team, all of whom are engaged and keen to learn.

- Rigorous oversight over the work of junior team members, ensuring that their work is accurate and is performed in a timely fashion and managing day-to-day prioritization.

- Assess the Financial Crime risk associated with potential and existing clients of the Firm via the enhanced due diligence process. Act as an advisor to the Institutional Securities Group and Investment Management businesses regarding the enhanced due diligence process and any findings. You will also be expected to present findings of the enhanced due diligence performed by others on a daily basis.

- As a key Financial Crime Compliance advisor to the Institutional Securities Group you can expect regular interaction with senior stakeholders in the business unit.

Experience :

- Be degree educated or equivalent.

- Recent experience of Anti-Money Laundering Compliance or KYC Operations.

Knowledge :

- Experience in Know Your Customer requirements including customer identification program, customer due diligence and enhanced due diligence.

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