Manager - AML Compliance - Bank

JOB DESCRIPTION:

- Responsible to manage the Compliance function in coordination with HO at GIFT City branch as a separate entity.

- Develop compliance adherence, monitoring and reporting to the Senior Management.

- Ensuring timely & accurate submissions to various internal & external stake holders. Stake holders to include:

a. Compliance function at HO

b. Other Internal control functions.

c. Local regulatory authorities at GIFT

d. Other regulatory agencies in the jurisdiction that GIFT is active in.

- Relationship Management: Periodic & constructive engagement with regulatory agencies governing GIFT to ensure that regulators are abreast of developments in the Bank and that bank is aware of regulator expectations at times.

- Responsible for review / approval of onboarding and customer classification as per the regulatory & AML requirements.

- Responsible for development, continuous improvement and functioning of reporting infrastructure on compliance & AML functions.

- Review of new products procedures from a compliance perspective - both Indian & global.

- Provide insights to business units from a regulatory perspective on fresh business proposals / products as may be required from time to time.

- Provide Top Management / ALCO / Credit committee / OREC with timely and relevant insights / MIS / notes on Compliance parameters.

- Ensure compliance of the Branch with all regulatory, Basel and internal guidelines and ensure no adverse audit observations.

- Keep upto date with global developments from relevant regulatory authorities

- Spreading of compliance Culture and awareness across the network.

JOB REQUIREMENT:

- Smart and positive personality, with self-start, Can-do attitude.

- High moral & ethical standards.

- Excellent oral & written communication skills.

- Ability to interact with various stake holders - internal & external, on regulatory matters.

- Understanding of / Ability to understand Banking business, Guidelines and Regulations.

- Experience in similar role will be a big advantage.