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05/09 Dheeraj Walia
CEO at Steps

Views:3093 Applications:194 Rec. Actions:Recruiter Actions:16

Head/Money Laundering Reporting Officer - Compliance - KYC/AML - Bank (14-23 yrs)

Mumbai Job Code: 739683

KYC/AML Compliance Head(MLRO) - BANK

Job Title : KYC/AML Compliance Head (Money Laundering Reporting Officer-MLRO), The position is with a leading Bank

Grade : Senior Vice President (SVP)

Business Unit : Compliance

Location : Mumbai

This position will be reporting to the Chief Compliance Officer.

Job Description :

- Acting as a Money Laundering Reporting Officer (MLRO) to FIU-IND and RBI

- KYC Guidance to the Business Units

- Develop and maintain KYC/AML compliance policies and establish compliance review procedures as directed by RBI & FIU India

- Work closely with management to establish an appropriate compliance culture & development of specialized training programs on AML/KYC risks

- Managing the KYC/AML team and providing guidance to the team for better output

- Guidance for Screening outgoing and incoming remittances for Special Designated Nationals, high risk and sanctioned countries and businesses to ensure compliance with standard AML regulations

- Effective liaison with regulatory agencies, internal and external advisors, and other internal control groups on AML compliance related issues

- Reporting suspicious transactions to FIU India

- Direct the activities of the bank's AML compliance staff & ensure team is filing periodic reports to internal and external stakeholders on time

- Manage the automation & upgradation of AML Software - Transaction Monitoring & Reporting Module

- Develop and manage periodic KYC updation program(Re-KYC) along with Customer Risk Categorisation module

- Employee account monitoring ensuring prevention of frauds perpetrated by employees

- Represent Compliance in system and process development programs of Aaddhar & CKYC

- Managing Regulatory inspection, data submission pertaining to KYC/AML

- Supporting Chief Compliance Officer on all matters pertaining to KYC/AML Compliance

Women-friendly workplace:

Maternity and Paternity Benefits

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